7628 Southeastern Ave Indianapolis, IN 46239
- Retail space
- 2,485 SF
- 0.65 lot acres
Current Use by Public Records
- Generations Grill / Live Music Venue / Night Club
Property Details for 7628 Southeastern Ave
- Year built
- 1945
- Construction
- WOOD
- Lot size
- 0.65 lot acres
- Property size
- 2,485 SF
- Property type
- Retail space
- APN
- 49-10-25-106-056.000-300
- APU
- 491025106056000300
Description
This thriving bar and grill, located at 7628 Southeastern Avenue in Indianapolis, Indiana, presents a unique investment opportunity. Priced at $675,000, this established business includes the building situated on a 0.65-acre lot and all necessary equipment for immediate operation. The property boasts a fully equipped kitchen, ready to handle food preparation and service. Safety features are in place with an installed Ansul system. The bar itself is well-maintained and ready for patrons. Further enhancing the appeal, the property includes a pool table for entertainment and an outdoor seating area, perfect for enjoying the Indianapolis weather. The location in a densely populated neighborhood ensures high foot traffic and a built-in customer base. This turnkey operation is ideal for an experienced restaurateur or a first-time business owner looking to enter the thriving Indianapolis hospitality market. The high-traffic location and existing infrastructure minimize the start-up costs and allow for immediate revenue generation. This is a chance to acquire a well-established business with significant potential for growth and profitability. The sale includes the building, the business, and all existing equipment. Don't miss this chance to own a vibrant neighborhood hotspot.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $220,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $161,000
Market price range: $81.4k - $296k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $185,000 Current use
- AUTO REPAIR, GARAGE
- $200,000 Change: +7% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $185,000 Change: +0% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.0318
- Latitude
- 39.7175
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA