800 Main St Salem, IN 47167-1831
This exceptional business opportunity presents the chance to acquire the renowned Cheddar Depot, a thriving establishment located at 800 N Main Street in Salem, Indiana. Boasting a prime location near schools, a hospital, nursing homes, and factories, this award-winning business benefits from strong daily foot traffic. Cheddar Depot offers a diverse menu including hand-dipped ice cream, a wide selection of cheeses, fudge, candies, and deli sandwiches. All recipes, equipment, and inventory are included in the sale, ensuring a smooth transition for the new owner. The business is well-established and known for its high-quality cheeses, which are shipped nationwide. Cheddar Depot also caters to local school districts and handles event orders, providing additional revenue streams. The property includes a comfortable covered porch and a picnic area for customer relaxation. The sale encompasses both the real estate and all business assets, facilitating a seamless transfer of ownership. Please note that the adjacent ice house/white shed near the picnic area is not included in the sale. The property sits on a 0.36-acre lot. The asking price for this turnkey operation is $550,000.
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Cheddar Depot Restaurant
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The Ice House Restaurant
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.