7093 Rosedale RdTerre Haute, IN 47805

Property Details for 7093 Rosedale Rd

Year built

1965

Construction

WOOD

Lot size

0.95 AC

Property size (Sq ft)

1,059 SF

Property type

Retail space

APN

84-03-20-353-001.000-012

APU

840320353001000012

Description

This exceptional Terre Haute property offers a thriving, established restaurant business known as Green Acres Daily Bar, situated on a 0.95-acre parcel. The sale includes all equipment and inventory. The restaurant features convenient parking, covered picnic areas, and a fenced playground, enhancing its appeal to families and the community. Recent improvements include expanded serving space and a drive-through window, optimizing customer service and efficiency. A significant added value is the inclusion of approximately 3.43 acres of level, vacant land adjacent to the restaurant. This expansive area presents numerous development opportunities, potentially for expansion of the existing business, hosting community events, or constructing additional buildings. The asking price for this combined restaurant and land package is $289,000. This presents a unique opportunity to acquire a well-established business with significant expansion potential in a desirable location. The property is located at 7093 Rosedale RD, Terre Haute, IN 47805, Vigo County. The combined lot size totals 4.38 acres. This is a turnkey operation ready for a new owner to step in and continue the success of this beloved local establishment.

• CAP approach

  CAP return

  Valuation

  6%

  $222,524

  6.5%

  $205,406

  7%

  $190,734

• Comparable approach

  Method

  Valuation

  Relative Method

  $229,720

  Geo Method

  $229,720

• Alternative Use

  Use

  Valuation

  Residential

  $173,268

  Hospitality

  $158,713

  Educational

  $132,047

  Medical

  $136,588

  Retail

  $205,406

Location Insight

City

Terre Haute

County

Vigo

State

Indiana

Latitude

39.5523

Longitude

-87.3331

CBSA code

45460

CBSA name

TERRE HAUTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].