916 Eastern Blvd, Clarksville, IN 47129
For Sale
1 / 29
This exceptional commercial property, located at 916 Eastern Boulevard in Clarksville, Indiana, presents a unique opportunity for business owners. Situated on a sizable 0.63-acre lot, this property boasts a prime location with high traffic volume, ensuring excellent visibility and customer accessibility. Currently zoned C-1, the possibilities are vast. The building itself has undergone a complete transformation within the past year, featuring a newly installed roof and two brand-new air conditioning units. A significant upgrade includes the addition of a convenient drive-thru window, enhancing operational efficiency and customer convenience. The interior has been fully renovated, offering a modern and inviting space for customers. This includes a completely updated customer dining area, a streamlined carry-out section, and a well-equipped kitchen. A large walk-in freezer is included, along with prominent signage to attract attention. Ample parking is available with an extra-large parking lot. This turnkey operation is ideal for a variety of businesses seeking a high-traffic, well-maintained location. The property is available for both lease and purchase, offering flexibility to suit individual needs. Don't miss this chance to establish or relocate your business in this thriving area. The asking price is $299,900.
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
Similar Nearby for Lease
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.