8720 State Rd 58 Norman, IN 47264-9703
This exceptional opportunity presents the chance to acquire a well-established restaurant and its accompanying building in the charming town of Norman, Indiana. Located at 8720 W State Road 58, this property boasts a 0.66-acre lot and offers a turnkey operation ready for immediate income generation. Mom's Cafe, a beloved local eatery, has cultivated a strong and loyal customer base over many years, built on a reputation for its delicious home-style cooking. The sale includes the entire building, providing a significant advantage for the new owner. All necessary kitchen equipment and dining room furnishings are included in the sale price of $120,000, eliminating the need for significant upfront investment in equipment. This presents a rare opportunity to step into an existing, profitable business with an established customer base and a ready-made infrastructure. The property's prime location on State Road 58 ensures high visibility and accessibility for both local residents and travelers. This is an ideal investment for an experienced restaurateur looking to expand their portfolio or a first-time owner seeking a proven business model. The combination of a thriving restaurant and a well-maintained building makes this a truly unique and attractive proposition. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is offered at $120,000.
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Howder Arms, LLC Gun Shop Archery Store
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Mom's Cafe Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.