Property profile

841 Gardner St Scottsburg, IN 47170

FOR SALE
Turn key restaurants
Property ID
US31-0871848
3,000 SF 0.3 ac lot Built 1930
Individually Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 841 S Gardner Street in Scottsburg, Indiana, presents a fantastic investment opportunity. Boasting 3,000 square feet of versatile space, this building is ideally situated on a 0.3-acre lot with significant highway road frontage. Ample parking is available on all sides of the structure, ensuring convenient access for customers and employees. The sale includes all existing tables and chairs, along with commercial-grade equipment, representing a significant value-add for the new owner. A walk-in freezer is also included, making this property suitable for a variety of food service or storage-related businesses. The high visibility and convenient location make this property an excellent choice for businesses seeking strong foot traffic and easy accessibility. The existing infrastructure and included equipment minimize upfront investment costs, allowing for a quicker return on investment. This is a rare opportunity to acquire a well-equipped commercial space in a prime Scottsburg location. Don't miss out on this chance to establish or expand your business in a thriving community. Serious inquiries only.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction TYPE NOT SPECIFIED
Total area 3,000 SF
Lot 0.3 ac (13,068 SF)
APN 72-05-30-140-002.001-008
UPID US31-0871848

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

841 Gardner St Scottsburg, IN 47170
Scottsburg metro Census 967000 SCOTTSBURG, IN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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