For Sale
$375,000

Market StClarksville, IN 40202

Established Restaurant, High ROI, Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
124
This thriving pizzeria, located in the heart of downtown Louisville, KY, presents a unique investment opportunity. Boasting a strong reputation and loyal customer base, this established business generated over $300,000 in sales and a net income exceeding $100,000 in 2023. The 2,360 square foot space is currently operating under a gross lease, offering flexibility for future expansion or relocation. The menu features renowned pizzas and traditional Italian dishes, catering to a diverse clientele. Its prime location near major attractions like the Convention Center, Science Center, and several museums ensures consistent foot traffic. Significant growth potential exists through expanded dinner service, catering, and enhanced marketing. The sale includes essential cooking equipment; inventory will be sold separately at cost. A dedicated team of three employees supports daily operations. This turnkey operation offers a compelling blend of profitability, prime location, and significant upside potential, making it an ideal investment for both experienced restaurateurs and newcomers to the industry. The asking price is $375,000, representing a compelling $158.90 per square foot and a 26.67% cap rate.

Highlights

  • $375,000 asking price for an established pizzeria in downtown Louisville, KY.
  • 2,360 square feet, gross lease, single tenant occupancy.
  • $158.90 price per square foot, 26.67% cap rate, $100,000 NOI.
  • Owner/user investment opportunity with high growth potential; 2023 sales exceeded $300,000 and net income exceeded $100,000.
  • Prime downtown location near major attractions including the Kentucky Science Center, Frazier History Museum, and Louisville Slugger Museum. Includes existing equipment; inventory sold separately.
  • For sale by owner; broker co-op available.

Property Details for 0 Market St

Property type
Square Feet
2,360 SF

Location Insight

City
Clarksville
County
Jefferson
State
Indiana
Latitude
38.269627
Longitude
-85.752675
Market St, Clarksville, Indiana

FAQs

What type of property is this?
Commercial real estate - Established Restaurant, High ROI, Growth Potential
Where is the commercial real estate located?
The property is located at Market St Clarksville, IN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: $375,000 asking price for an established pizzeria in downtown Louisville, KY.; 2,360 square feet, gross lease, single tenant occupancy.; $158.90 price per square foot, 26.67% cap rate, $100,000 NOI.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Market St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message