Bar for Sale Lamar IN

Retail-Commercial for Sale
Catylist Listing ID: 30024566
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 2,906 SF
Gross Land Area: 0.11 Acres
Sale Price: $145,000
Unit Price: $49.90 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/30/2017

Overview / Comments

Outstanding small business for sale in Lamar Indiana. This bar has a
great regional draw in Spencer County with few other similar
establishments in the entire county. Bar hosted bands, karaoke
contests, and is a great place to watch sporting events. This
community cornerstone offers a full kitchen, three way liquor and
carryout license, and a recently remolded bar, dining area, and
restrooms. Call today for more information or to schedule a time to
tour the property.

Attachments & Media

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $784 (Annual)
Tax Value Land $3,500
Tax Value Improvements $48,900
Assessed Value - Total($) $52,400 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $822.42 (Annual)
Tax Value Land $3,500
Tax Value Improvements $51,200
Assessed Value - Total($) $54,700 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $413.94 (Annual)
Tax Value Land $3,500
Tax Value Improvements $24,800
Assessed Value - Total($) $28,300 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $453.32 (Annual)
Tax Value Land $3,500
Tax Value Improvements $25,500
Assessed Value - Total($) $29,000 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $431.28 (Annual)
Tax Value Land $3,500
Tax Value Improvements $25,500
Assessed Value - Total($) $29,000 (Annual)

Additional Details

Nearest MSA: Evansville
County: Spencer
Submarket/Township: Clay
Tax ID/APN: 74-05-24-104-021.000-004
Zoning: B-2
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1940
Lot Frontage: 50
Lot Depth: 100
Legal Description: LAMAR ORIG LOT 9

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,041 5,362
Median Age: 40.88 41.47
Households: 1,149 2,039

Contact

Photograph of Listing Agent

Charlie Butler

KW Commercial ICREX Member
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