6500 S 1170 E Hudson, IN 46747
For Sale
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Exceptional opportunity to acquire a thriving, turnkey restaurant located on the shores of Lake of the Woods in Hudson, Indiana. This Class A property, built in 2006 and completely renovated in 2007, boasts 5,140 square feet on a 0.82-acre lot (APN: 44-09-25-200-000.001-013). The single-story building is zoned L-1 (Lake District) and features ample parking to accommodate its busy clientele. Currently operating at 100% occupancy, this established business includes all equipment, booths, and furnishings, representing a seamless transition for the new owner. Its iconic status within the community and excellent reputation are further testaments to its success. The property's prime location benefits from strong demographics, with 157 households within a one-mile radius spending over $5 million annually on discretionary goods and services. Average household income exceeds $91,000, and home values surpass $260,000 in this desirable area. This is a rare chance to own a successful, established restaurant with significant growth potential in a highly sought-after lakeside community. The asking price is $465,000 ($90.47/sq ft).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.