389 A StLinton, IN 47441

Property Details for 389 A St

Year built

1998

Lot size

0.17 AC

Property size (Sq ft)

1,559 SF

Property type

Turn key restaurants

APN

28-06-23-223-001.000-018

APU

280623223001000018

Description

This exceptional turn-key business opportunity presents the chance to acquire a well-established and iconic Linton restaurant. Located on Highway 54 in the heart of Linton, Indiana, this thriving establishment boasts both indoor and outdoor seating, complemented by convenient drive-thru service. The restaurant has built a strong reputation over its 15+ years in operation, specializing in homemade ice cream, burgers, fries, shakes, and other diner favorites. A loyal customer base and proven operational systems are already in place, ensuring a smooth transition for the new owner. The sale includes the real estate, encompassing a sizable 0.34-acre lot with ample extra parking. All equipment and furnishings are included, making this a truly turnkey operation ready for immediate success. The property's prime location on a busy highway guarantees high visibility and consistent foot traffic. This is a rare opportunity to own a profitable, established business with a strong brand presence in a desirable location. The existing staff and operational systems provide a seamless transition for the new owner, minimizing disruption and maximizing immediate return on investment. Financial records are available upon request to qualified buyers. Don't miss this chance to own a piece of Linton's culinary history and secure a thriving business for years to come.

• CAP approach

  CAP return

  Valuation

  6%

  $274,659

  6.5%

  $253,532

  7%

  $235,422

• Comparable approach

  Method

  Valuation

  Relative Method

  $139,567

  Geo Method

  $139,567

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $496,515

  Mixed-Use / Specialty

  $251,778

  Hospitality / Lodging

  $183,614

  Office

  $249,396

  Institutional / Educational

  $261,443

  Residential Income

  $305,889

  Multifamily

  $371,579

  Automotive / Energy

  $224,094

  Parking / Income-Based Land

  $78,172.10

  Restaurant / Food Service

  $129,137

  Healthcare / Senior Housing

  $259,065

Location Insight

City

Linton

County

Greene

State

Indiana

Latitude

39.0347

Longitude

-87.1621

CBSA code

14020

CBSA name

BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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