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Property profile & analytics

322 Jefferson St Orleans, IN 47452-1714

  • Retail space
  • 2,104 SF
  • 0.22 lot acres
OFF-MARKET
Value Estimation
$280,000
Last Sale
Jan 17, 2025
Location Intelligence
Property ID
US31-3280256
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 322 Jefferson St

Year built
1900
Construction
WOOD
Lot size
0.22 lot acres
Property size
2,104 SF
Property type
Retail space
APN
59-02-30-301-043.001-010
APU
590230301043001010

Description

This exceptional turnkey business opportunity presents a fully operational bar and grill located at 322 E Jefferson Street in Orleans, Indiana. The property, situated on a 0.22-acre lot, boasts a recently remodeled interior ready for immediate operation. The spacious dining area comfortably seats over 80 patrons, complemented by an outdoor concrete patio with seating for an additional 20. The sale includes a fully stocked, historic bar, significantly reducing start-up costs. Modern amenities include a comprehensive POS system, security camera system, and five large televisions. The kitchen is fully equipped with commercial-grade appliances, including a large smoker, two refrigerators, a freezer, a Pepsi dispensing station, a steam table, sandwich maker, prep table, a four-foot grill, and two deep fryers. A separate, large open area offers additional space for various uses. Men's and women's restrooms are conveniently located. The property is being sold "as is," presenting a unique chance to acquire an established business with significant existing infrastructure and a proven customer base. The asking price is $225,000. This is an ideal opportunity for an experienced restaurateur or a savvy investor seeking a profitable, established business with immediate revenue potential. The included liquor license adds significant value and eliminates a major hurdle for new owners. Don't miss this chance to own a thriving business in a desirable location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $275,000
  • CAP approach

    CAP return
    Estimation
    6%
    $320,000
    6.5%
    $325,000
    7%
    $305,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $320,000
    Geo Method
    $300,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $285,000
    Retail
    $250,000
    Mixed-Use
    $320,000
    Hospitality
    $325,000
    Educational
    $240,000
    Residential Income
    $300,000
    Energy
    $300,000
    Income-Based Land
    $275,000
    Food Service
    $315,000

Location Insight

  • Map
  • Local Demand
City
Orleans
County
Orange
State
Indiana
Longitude
-86.4496
Latitude
38.6629

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,601
$17,900
$56,100
$74,000
-
$17,900
$56,100
$74,000
More about this property
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