1414 Bundy LnBedford, IN 47421

Property Details for 1414 Bundy Ln

Year built

1916

Construction

WOOD

Lot size

0.48 AC

Property size (Sq ft)

4,935 SF

Property type

Turn key restaurants

APN

47-06-16-400-074.000-010

APU

470616400074000010

Description

This exceptional Bedford, Indiana, culinary gem, located at 1414 Bundy Lane, is offered for $1,200,000. The 4,935 square-foot property sits on one acre and includes a thriving BBQ restaurant and gift shop. The business boasts a fully equipped kitchen with high-end appliances, attractive dining areas accommodating large groups, and a loyal customer base evidenced by positive online reviews. Financial records and a detailed equipment list are available upon request with a signed non-disclosure agreement. The restaurant features a unique menu, expertly trained staff, and an active online presence including social media and a user-friendly website. This turnkey operation presents a significant opportunity for a new owner to step into a profitable, established business. The owner is retiring, creating this rare chance to acquire a well-regarded culinary establishment with potential for growth and expansion. The high-traffic location ensures continued success for the right entrepreneur. This is a truly exceptional opportunity to own a successful and well-loved restaurant.

• CAP approach

  CAP return

  Valuation

  6%

  $965,908

  6.5%

  $891,608

  7%

  $827,922

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,070,508

  Geo Method

  $1,070,508

• Alternative Use

  Use

  Valuation

  Residential

  $752,104

  Hospitality

  $688,924

  Educational

  $573,176

  Medical

  $592,889

  Retail

  $891,608

Location Insight

City

Bedford

County

Lawrence

State

Indiana

Latitude

38.8636

Longitude

-86.5214

CBSA code

13260

CBSA name

BEDFORD, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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