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Property profile & analytics
OFF-MARKET
Turn key restaurants

64 Main St Scottsburg, IN 47170-1839

7,665 SF 0.1 ac lot Built 1912
Entity Owned 3-yr Hold Free & Clear
Property ID
US31-0345321
Property summary
AI-generated overview

This exceptional commercial opportunity presents a rare chance to acquire the historic T.H. Everitt Building in the thriving Scottsburg Square. This landmark property comprises two buildings totaling 12,449 square feet, offering significant versatility and immediate income potential. The first floor is currently operational, featuring a storefront, a fully equipped kitchen, brewery equipment, and commercial refrigeration. This established space provides a strong foundation for continued success or expansion. Upstairs, a large banquet room and additional space offer immense potential for redevelopment into offices, event space, or even residential apartments, catering to a variety of needs. The property boasts approximately 61 feet of combined window frontage, maximizing visibility and attracting customers. Its strategic location directly off I-65, as well as Highways 31 and 56, ensures high traffic volume and easy accessibility. This is an unparalleled opportunity to invest in a landmark property in a growing community, poised for significant returns. The property is priced at $484,000. The land area is 0 acres.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1912
Construction WOOD
Total area 7,665 SF
Lot 0.1 ac (4,534 SF)
APN 72-05-20-310-030.000-008
UPID US31-0345321
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
  • Time Zone Pizza Arcade Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Rybc Holdings LLC · 3 yrs held
Rybc Holdings LLC
since 2022
Last sale
$150,000
7 recorded transactions
2023
Price N/A
2022
$150,000
2021
Price N/A
2020
Price N/A
2019
Price N/A
2016
Price N/A
2015
$160,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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