841 Gardner StScottsburg, IN 47170

Property Details for 841 Gardner St

Year built

1930

Construction

TYPE NOT SPECIFIED

Lot size

0.30 AC

Property size (Sq ft)

3,000 SF

Property type

Turn key restaurants

APN

72-05-30-140-002.001-008

APU

720530140002001008

Description

This exceptional commercial property, located at 841 S Gardner Street in Scottsburg, Indiana, presents a fantastic investment opportunity. Boasting 3,000 square feet of versatile space, this building is ideally situated on a 0.3-acre lot with significant highway road frontage. Ample parking is available on all sides of the structure, ensuring convenient access for customers and employees. The sale includes all existing tables and chairs, along with commercial-grade equipment, representing a significant value-add for the new owner. A walk-in freezer is also included, making this property suitable for a variety of food service or storage-related businesses. The high visibility and convenient location make this property an excellent choice for businesses seeking strong foot traffic and easy accessibility. The existing infrastructure and included equipment minimize upfront investment costs, allowing for a quicker return on investment. This is a rare opportunity to acquire a well-equipped commercial space in a prime Scottsburg location. Don't miss out on this chance to establish or expand your business in a thriving community. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $543,994

  6.5%

  $502,148

  7%

  $466,280

• Comparable approach

  Method

  Valuation

  Relative Method

  $650,765

  Geo Method

  $650,765

• Alternative Use

  Use

  Valuation

  Residential

  $423,580

  Hospitality

  $387,997

  Educational

  $322,809

  Medical

  $333,911

  Retail

  $502,148

Location Insight

City

Scottsburg

County

Scott

State

Indiana

Latitude

38.6745

Longitude

-85.7775

CBSA code

42500

CBSA name

SCOTTSBURG, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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