322 Jefferson St Orleans, IN 47452-1714
- Retail space
- 2,104 SF
- 0.22 lot acres
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
-
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