82 Baldwin St Bargersville, IN 46106
- Turn key restaurants
- 2,084 SF
- 0.40 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 82 Baldwin St
- Year built
- 1954
- Construction
- WOOD
- Lot size
- 0.40 lot acres
- Property size
- 2,084 SF
- Property type
- Turn key restaurants
- APN
- 41-04-35-043-021.001-039
- APU
- 410435043021001039
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $780,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $825,000
- 6.5%
- $775,000
- 7%
- $790,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $915,000
- Geo Method
- $820,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,020,000
- Retail
- $765,000
- Mixed-Use
- $895,000
- Hospitality
- $780,000
- Educational
- $740,000
- Residential Income
- $800,000
- Energy
- $815,000
- Income-Based Land
- $1,025,000
- Food Service
- $815,000
Location Insight
- Map
- Local Demand
- City
- Bargersville
- County
- Johnson
- State
- Indiana
- Longitude
- -86.1674
- Latitude
- 39.5199
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
