400 N Capitol Ave Corydon, IN 47112
Property Lookup
Property profile & analytics
400 N Capitol Ave Corydon, IN 47112
- Turn key restaurants
- 3,279 SF
- 0.07 lot acres
Property ID
US31-2384609
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.
Location Intelligence
Current Use by Public Records
- Fredericks Cafe & Grill / Restaurant
Property Details for 400 N Capitol Ave
- Year built
- 1948
- Construction
- WOOD
- Lot size
- 0.07 lot acres
- Property size
- 3,279 SF
- Property type
- Turn key restaurants
- APN
- 31-10-31-105-013.000-008
- APU
- 311031105013000008
Description
This exceptional business opportunity is located at 400 N Capitol Avenue in the heart of historic Corydon, Indiana. The property boasts a highly visible street-front location directly across from the courthouse, ensuring maximum exposure and foot traffic. Currently operating as Fredericks Restaurant, a thriving establishment known for its excellent breakfast and lunch service, this turnkey operation offers immediate income potential. The restaurant comfortably seats approximately 67 patrons, providing ample space for diners. Adding to the investment appeal is a 2-bedroom, 1-bathroom apartment situated above the restaurant, currently generating rental income. This adds a valuable secondary revenue stream to the overall property value. The 0.71-acre lot is situated in the historic district, offering a unique blend of charm and commercial viability. This is a rare chance to own a well-established business in a vibrant and desirable downtown location, with the potential for continued growth and success. The property's prime location offers easy walking access to numerous shops and attractions, further enhancing its appeal to both customers and residents. This is an exceptional opportunity for an entrepreneur seeking a profitable venture in a thriving community. The combination of a successful restaurant and a rental apartment makes this a truly unique and compelling investment. Don't miss this chance to own a piece of Corydon's rich history and vibrant future.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Corydon
- County
- Harrison
- State
- Indiana
- Longitude
- -86.126
- Latitude
- 38.2124
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
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
$4,369
$49,900
$197,200
$247,100
-
$49,900
$197,200
$247,100
