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Property profile & analytics
OFF-MARKET
Commercial real estate

9280 State Rd 64 Georgetown, IN 47122-8868

476 SF 0.25 ac lot Built 1955
Entity Owned 2-yr Hold Free & Clear
Property ID
US31-1572062
Property summary
AI-generated overview

This thriving ice cream shop, located at 9280 State Road 64 in Georgetown, Indiana, presents a fantastic business opportunity. Priced at $299,900, this turnkey operation includes all equipment, assets, and established goodwill. The 0.25-acre property boasts a newly constructed seating area with durable concrete furniture, providing ample space for customers to enjoy their ice cream. A convenient drive-thru window caters to customers on the go, maximizing sales potential. The business is situated in the heart of downtown Georgetown, ensuring high visibility and foot traffic. This established business is ready for a new owner to continue its success. The sale includes all necessary equipment and assets for immediate operation, minimizing the start-up costs and effort for the buyer. This is a rare opportunity to acquire a profitable, established business in a desirable location. The current owner is motivated to sell and eager to pass on this successful venture. Don't miss this chance to own a piece of Georgetown's vibrant business community. Contact us today to schedule a showing and learn more about this exceptional opportunity. Financial details and further information are available upon request.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1955
Construction WOOD
Total area 476 SF
Lot 0.25 ac (10,977 SF)
APN 22-02-03-200-415.000-003
UPID US31-1572062
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kmh Properties LLC · 2 yrs held
Kmh Properties LLC
since 2024
Last sale
$290,000
5 recorded transactions
2024
$290,000
2024
Price N/A
2019
Price N/A
2017
$130,000
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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