518 N Harrison St - Freestanding FOR SALE


Alexandria, IN 46001
$289,000 USD
317-236-9172
518 N Harrison St, Alexandria, IN for Sale
$289,000 USD
Freestanding - FOR SALE
1/23
null | Request Cap Rate

518 N Harrison St
Alexandria, IN 46001


HIGHLIGHTS

  • Owner-User Play – Ideal for a restaurant, café, or retail operator seeking a functional space with existing infrastructure
  • Repositioning / Conversion – Adapt to alternate retail or service use permitted under B1 zoning
  • Small Market Retail Investment – Attractive basis for long-term hold with local demand drivers

OVERVIEW

Freestanding 2,072 SF retail building for sale in Alexandria, Indiana, delivered vacant and fully turnkey for a restaurant or bar operator. The sale includes all furniture, fixtures, and equipment (FF&E) plus an existing liquor license, allowing a new owner to step in and begin operations immediately. The space is fully built out for food service with a functional layout, eliminating the need for costly renovations or startup delays. Situated on a 6,300 SF parcel with B1 commercial zoning, the property also offers strong visibility along a main corridor and a standalone presence ideal for an owner-user. Rare opportunity to acquire a ready-to-operate restaurant/bar with everything in place—perfect for an operator looking to open quickly and generate revenue from day one.

FOR SALE DETAILS

PRICE

$289,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,956 SF

ZONING

B1

APN/PARCEL ID

48-05-13-401-091.000-022,48-05-13-401-092.000-022

ASK ABOUT THIS PROPERTY

Steve FlanaganR.P. Lux Company, Inc.More Info
317-236-9172

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

Steve FlanaganR.P. Lux Company, Inc.More Info
317-236-9172

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