1440 Vaxter AveClarksville, IN 47129

For Sale
  • Turn key restaurants
  • 6,810 SF

Property Details for 1440 Vaxter Ave

Year built
1994
Construction
TYPE NOT SPECIFIED
Lot size
1.31 AC
Property size (Sq ft)
6,810 SF
Property type
Turn key restaurants
APN
10-24-03-200-136.000-013
APU
102403200136000013

Description

This 6,810+-square-foot restaurant building, formerly O'Charley's, is situated on a 1.31-acre lot with 215 feet of road frontage on both Vaxter Avenue and Cedar Street in Clarksville, Indiana. The property boasts excellent visibility and proximity to high-traffic retailers like Green Tree Mall and Bass Pro Shops. The building features a wood and concrete block frame with brick veneer siding, a spacious interior with segmented dining areas, a bar area, restrooms, and a commercial-grade kitchen equipped with a cooler and freezer. The interior also includes fluorescent and incandescent lighting and 9-10-foot ceilings. Exterior features include a large 38,890-square-foot asphalt parking lot with 113 spaces, a pole sign visible from I-65 and Lewis & Clark Parkway (with a 2015 traffic count of 28,500 vehicles per day), and an additional pylon sign facing Vaxter Avenue. Mechanical systems include roof-mounted natural gas furnaces with condensers, a 1,200-amp main breaker, two restrooms with eleven fixtures, and a wet sprinkler system. The kitchen and bar areas have multiple sinks, floor drains, and other plumbing fixtures. A security alarm is also in place. A three-way liquor license is available to the new owner. Formerly leased for $9,473 per month NNN. Clark County's population exceeds 118,000 and is steadily growing, making this a strong investment opportunity. Some building updates may be necessary.

1440 Vaxter Ave, Clarksville, Indiana

Location Insight

City
Clarksville
County
Clark
State
Indiana
Latitude
38.3193
Longitude
-85.7574
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,319
$524,000
$153,300
$677,300
-
$524,000
$153,300
$677,300

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