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    850 Main St NE Palmyra, IN 47164

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    850 Main St NE Palmyra, IN 47164


    • Turn key restaurants
    • 1,992 SF
    • 0.48 lot acres
    Turnkey Restaurant Opportunity For Sale For Sale
    $325,000

    Turnkey Restaurant Opportunity For Sale

    Fully equipped restaurant with seating and additional parking.

    850 & 885 Main Street NE, Palmyra, IN 47164
    View Listing
    Property ID
    US31-1720723
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    • Turn key restaurants

    Property Details for 850 Main St NE

    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.


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    Location Insight

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    • 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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,683
    $29,400
    $87,900
    $117,300
    -
    $29,400
    $87,900
    $117,300
    View Listing
    More about this property
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