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Property profile & analytics
OFF-MARKET
Auto shops

501 George St Aurora, IN 47001-1409

5,538 SF 0.56 ac lot Built 1950
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US31-3126906
Property summary
AI-generated overview

This exceptional 0.56-acre property at 501 George Street in Aurora, Indiana, presents a unique investment opportunity. Previously operating as Jonny's Roadhouse, this building offers a wealth of possibilities for a discerning buyer. The interior features a built-in stage, ideal for live music performances, adding a unique element to a restaurant concept or creating a captivating atmosphere for other uses. However, the adaptable layout also lends itself perfectly to conversion into office space, catering to a variety of business needs. The building's location in Aurora offers excellent visibility and accessibility, ensuring high traffic and potential customer reach. The property is being offered at $180,000, representing a compelling entry point into the Aurora commercial real estate market. The substantial size of the lot provides ample parking and potential for future expansion or outdoor amenities. Whether you envision a vibrant restaurant, a creative office space, or a hybrid use, this property offers the flexibility to realize your vision. Don't miss this chance to acquire a versatile and well-situated commercial property in a thriving Indiana community. Serious inquiries are encouraged.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Construction TYPE NOT SPECIFIED
Total area 5,538 SF
Lot 0.56 ac (24,437 SF)
APN 15-07-29-404-030.000-003
UPID US31-3126906
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
Marley Land Acquisitions LLC · 3 yrs held
Marley Land Acquisitions LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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