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Property profile & analytics
OFF-MARKET Estimated value $800,000
Turn key restaurants

82 Baldwin St Bargersville, IN 46106-9089

2,084 SF 0.4 ac lot Built 1954
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-0892446
Property summary
AI-generated overview

This exceptional 2,084-square-foot restaurant space is ideally located in the heart of Downtown Bargersville, Indiana, at 82 S Baldwin St, 46106. The property sits on one acre of land and is zoned C-2, offering flexibility for various restaurant concepts. The entire building is currently vacant and available for immediate occupancy. Utilities include electric and gas service. The space is easily accessible from Harriman Street and benefits from a highly walkable downtown environment. Bargersville has experienced significant residential growth in recent years, with thousands of new homes built within the last five years, creating a strong potential customer base. This burgeoning community also boasts a new downtown park, a farmers market, and the upcoming $5 million Kephart Park on 144. The property is situated amongst thriving businesses, including a coffee house, a brewery, and a pizza restaurant, creating a vibrant and supportive business district. The landlord is open to leasing the existing building or exploring build-to-suit options to meet specific tenant requirements. This presents a unique opportunity to establish a successful restaurant in a rapidly growing and attractive location. Property taxes are $0 per square foot.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1954
Construction WOOD
Total area 2,084 SF
Lot 0.4 ac (17,468 SF)
APN 41-04-35-043-021.001-039
UPID US31-0892446
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$760k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$800k
Owner & transaction history
82 Baldwin LLC · 4 yrs held
82 Baldwin LLC
since 2022
Last sale
$825,000
4 recorded transactions
2022
$825,000
2020
Price N/A
2019
Price N/A
2017
$70,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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