850 Main St Palmyra, IN 47164
- Turn key restaurants
- 1,992 SF
- 0.48 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 850 Main St
- Year built
- 1982
- Construction
- WOOD
- Lot size
- 0.48 lot acres
- Property size
- 1,992 SF
- Property type
- Turn key restaurants
- APN
- 31-03-19-428-006.000-014
- APU
- 310319428006000014
Description
This exceptional business opportunity encompasses a fully equipped restaurant situated on two parcels totaling 0.48 acres in Palmyra, Indiana, at 850 & 885 Main Street NE. The sale includes all existing equipment, fixtures, and furniture, ensuring a seamless transition for a new owner. Key features include a walk-in freezer and refrigerators, three double pizza ovens, two gas fryers, a gas grill, and a three-bay sink. The restaurant boasts ample seating for over 50 patrons, complemented by a covered outdoor deck. This turnkey operation is ready for immediate use, allowing a new owner to implement their vision and capitalize on the existing infrastructure. The sale also includes two additional adjacent parcels providing ample parking. The property is being sold "AS IS," reflecting its current operational state and providing an opportunity for immediate ownership. The asking price is $325,000. This presents a unique chance to acquire an established restaurant with significant potential in a desirable location. The property's size and existing infrastructure offer considerable flexibility for a variety of culinary concepts. The inclusion of additional parking lots enhances the overall appeal and functionality of the business. Serious inquiries are encouraged.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palmyra
- County
- Harrison
- State
- Indiana
- Longitude
- -86.1081
- Latitude
- 38.4076
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
