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Property profile & analytics
FOR SALE
Turn key restaurants

5020 Cambridge Way Plainfield, IN 46168

4,029 SF 0.86 ac lot Built 1997
Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-0767614
Property summary
AI-generated overview

This thriving Plainfield, Indiana restaurant presents a turnkey opportunity for immediate operation. Located at 5020 Cambridge Way, this 4,029 square foot establishment sits on a 0.85-acre lot and boasts 100% occupancy. The asking price is $1,850,500, translating to $459.30 per square foot. The property includes all equipment and furniture, detailed in a provided list. A significant asset is the existing three-way liquor license. The building is in excellent condition, featuring many recent updates. Outdoor amenities include a 400 square foot seating area complete with tables and chairs. Inside, a private dining area and a small stage for live music add versatility. Ample parking is available with 45+ spaces. The restaurant's layout is well-suited for small events such as weddings, business meetings, or family reunions. This is a rare opportunity to acquire a fully operational, successful restaurant in a desirable location. The property is situated in Hendricks County, Indiana, with convenient access via its Plainfield address and zip code 46168.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1997
Construction TYPE NOT SPECIFIED
Total area 4,029 SF
Lot 0.86 ac (37,462 SF)
APN 32-15-01-470-002.000-012
UPID US31-0767614
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
Current use
Occupant on record · Public records
  • Nonna's by So Italian Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Three Pints Property LLC · 15 yrs held
Three Pints Property LLC
since 2010
5 recorded transactions
2023
Price N/A
2018
Price N/A
2017
Price N/A
2010
$675,000
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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