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Property profile & analytics
OFF-MARKET
Turn key restaurants

389 A NE St Linton, IN 47441-1827

1,559 SF 0.17 ac lot Built 1998
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US31-2276075
Property summary
AI-generated overview

This exceptional turn-key business opportunity presents the chance to acquire a well-established and iconic Linton restaurant. Located on Highway 54 in the heart of Linton, Indiana, this thriving establishment boasts both indoor and outdoor seating, complemented by convenient drive-thru service. The restaurant has built a strong reputation over its 15+ years in operation, specializing in homemade ice cream, burgers, fries, shakes, and other diner favorites. A loyal customer base and proven operational systems are already in place, ensuring a smooth transition for the new owner. The sale includes the real estate, encompassing a sizable 0.34-acre lot with ample extra parking. All equipment and furnishings are included, making this a truly turnkey operation ready for immediate success. The property's prime location on a busy highway guarantees high visibility and consistent foot traffic. This is a rare opportunity to own a profitable, established business with a strong brand presence in a desirable location. The existing staff and operational systems provide a seamless transition for the new owner, minimizing disruption and maximizing immediate return on investment. Financial records are available upon request to qualified buyers. Don't miss this chance to own a piece of Linton's culinary history and secure a thriving business for years to come.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Total area 1,559 SF
Lot 0.17 ac (7,536 SF)
APN 28-06-23-223-001.000-018
UPID US31-2276075
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Douglas Wasnidge · 8 yrs held
Douglas Wasnidge
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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