915 Main St Mitchell, IN 47446-1330
This exceptional business opportunity encompasses two thriving bakery locations in Southern Indiana: H&R Bakery in Mitchell and Huckleberry's in Salem. This sale includes both established businesses, complete with all fixtures, furniture, and equipment. The Mitchell location sits on a 0.33-acre lot at 915 W Main Street. For over 75 years, H&R Bakery has been a beloved local institution, renowned for its delectable doughnuts and legendary brownies, cultivating a loyal customer base spanning generations. The sale also includes the valuable recipes and baking secrets that have contributed to the bakeries' enduring success. This turnkey operation presents a unique chance to acquire a well-established business with significant growth potential. The existing infrastructure provides a solid foundation, and there's potential to expand revenue streams by adding food service options or renting space for meetings and parties. This is a rare opportunity to own a piece of Southern Indiana history and a thriving, profitable business. Please note that this listing pertains to the Mitchell location
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
Similar Nearby for Sale
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.