For Sale
$960,000

1500 E St Richmond, IN 47374

Established Bar & Restaurant, Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional business opportunity presents the chance to acquire the well-established Generations Grill, a thriving bar and restaurant located in historic Richmond, Indiana. Situated at 1500 N E St, this two-story, 5,857 square foot mixed-use property sits on a 0.62-acre lot and was built in 1910. The property boasts both spacious indoor and inviting outdoor dining areas, perfect for a variety of clientele. The outdoor patio offers a picturesque view of Richmond. Adding to the lively atmosphere are on-site volleyball courts. The sale includes all necessary equipment for serving a diverse menu, including pizza, steaks, and classic bar fare. A significant advantage is the inclusion of a coveted three-way (210) liquor license, enabling both on-site consumption and carry-out sales. This turnkey operation is ready for a new owner to step in and continue its success. The property's prime location in Wayne County, Indiana, zip code 47374, ensures high visibility and accessibility. This is a rare opportunity to own a profitable and well-regarded establishment in a vibrant community. The asking price for this remarkable business is $960,000.

Highlights

  • Turnkey bar and restaurant business for sale.
  • 5,857 SF two-story building on a 0.62-acre lot in historic Richmond, IN.
  • Features indoor and outdoor dining areas, plus volleyball courts.
  • Includes a three-way liquor license.
  • Asking price: $960,000.

Property Details for 1500 E St

Property type
Retail properties, Restaurants
Square Feet
5,857 SF
Year Built
1910
Stories
2
Lot Size (sq. ft)
27,007 SF

Location Insight

City
Richmond
County
Wayne
State
Indiana
Latitude
39.8346659
Longitude
-84.8814617

FAQs

What type of property is this?
Retail property - Established Bar & Restaurant, Turnkey Opportunity
Where is the retail property located?
The property is located at 1500 E St Richmond, IN.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Turnkey bar and restaurant business for sale.; 5,857 SF two-story building on a 0.62-acre lot in historic Richmond, IN.; Features indoor and outdoor dining areas, plus volleyball courts.
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.
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1500 E St
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