257 W Main St - Bar FOR SALE


Westville, IN 46391
$240,000 USD
219-864-0200
257 W Main St, Westville, IN for Sale
$240,000 USD
Bar - FOR SALE
1/10
null | Request Cap Rate

257 W Main St
Westville, IN 46391


HIGHLIGHTS

  • Prime corner location with excellent street visibility
  • Recently renovated with updated roof and furnace
  • Flexible layout ideal for retail or service conversion
  • Strong local demographics with high household income
  • Surrounded by retail amenities and major road access

OVERVIEW

Positioned on a prominent corner along Main Street in Westville, Indiana, this freestanding retail property offers exceptional visibility and accessibility in a high-traffic corridor. The building spans 2,696 square feet and has undergone significant upgrades, including a major renovation in 2007, a new roof in 2015, and a modern furnace, ensuring a solid structural foundation for future use. Formerly operated as a tavern, the property is being sold as real estate only, presenting a versatile opportunity for an owner-user or investor to reposition, redevelop, or convert the space for a variety of commercial purposes. Surrounded by established retailers and local amenities, the site benefits from strong demographics, with over 12,000 residents and an average household income exceeding $95,000 within a five-mile radius. Its strategic location near major thoroughfares enhances connectivity and customer reach, while the corner lot configuration maximizes signage potential and curb appeal. Whether you envision a boutique retail concept, a neighborhood café, or a professional service hub, this property delivers the adaptability and visibility needed to thrive in a growing market. Offered at $240,000, this asset combines affordability with long-term potential, making it an ideal choice for those seeking a well-positioned property in a vibrant community.

FOR SALE DETAILS

PRICE

$240,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

General Retail

APN/PARCEL ID

46-09-29-289-008.000-028

ASK ABOUT THIS PROPERTY

Brett McDermottLatitude CommercialMore Info
219-864-0200

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Brett McDermottLatitude CommercialMore Info
219-864-0200

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