Property profile

916 Eastern Blvd Clarksville, IN 47129

OFF-MARKET
Retail space
Property ID
US31-1957335
1,974 SF 0.63 ac lot Built 1960
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction WOOD
Total area 1,974 SF
Lot 0.63 ac (27,639 SF)
APN 10-14-01-800-892.000-012
UPID US31-1957335

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

916 Eastern Blvd Clarksville, IN 47129-1902
Clarksville metro Census 50403 LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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