1331 W Franklin St - Restaurant FOR SALE


Evansville, IN 47710- Cedar Hall
$550,000 USD
812-430-4989
1331 W Franklin St, Evansville, IN for Sale
$550,000 USD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

1331 W Franklin St
Evansville, IN 47710
Cedar Hall


HIGHLIGHTS

  • - Business available for new Management
  • - Zoned C-4 for flexible commercial use
  • - Prime location on W Franklin Street entertainment area
  • - Established destination for the local community
  • - INCLUDES ALL FURNITURE, FIXTURES, EQUIPMENT AND LIQUOR LICENSE

OVERVIEW

INCLUDEDS ALL FURNITURE, FIXTURES, EQUIPMENT AND LIQUOR LICENSE - TURNKEY AND READY TO OPEN. Introducing 1331 W Franklin St, a meticulously renovated historic building offering a prime opportunity for restaurant or retail investors. This 6,228 SF property, originally constructed in 1919 and thoughtfully restored in 2014, exudes charm and character. With C-4 zoning, the space offers flexibility for a variety of commercial uses. Currently available for new owner to create their own vision. The modernized infrastructure ensures low maintenance, providing a stable and attractive investment for those seeking a well-established destination in the heart of Evansville. Sales includes all furniture, fixture, equipment and liquor license. 70 New Apartments just announced next door!!

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LAMASCO BAR & GRILL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1800

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C

APN/PARCEL ID

82-05-24-029-128.001-029

ASK ABOUT THIS PROPERTY

Scott HyattNAI Prime CommercialMore Info
812-430-4989

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Scott HyattNAI Prime CommercialMore Info
812-430-4989

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.