The Iconic "Roca Bar South"

1616 & 1621 S Kentucky Avenue, Evansville, Indiana 47714

  • Property Subtypes Free-Standing Building , Tavern/Bar/Nightclub , Restaurant
  • Building Size (RSF) 4,712 SF
  • Gross Building Area 5,324 SF
  • Building Name The Original Roca Bar
  • Building Status Existing
  • Sale Price $699,000.00 Total
  • Unit Price $148.34 per SF
  • Property Use Type Net Leased (NNN)Vacant/Owner-UserInvestmentBusiness
  • Class of Space N/A
  • Total Land Size 0.62 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 6/18/2019
  • Status withdrawn

Overview / Comments

TURN KEY, ICONIC "ROCA BAR SOUTH" is a house hold name in the tri state and a well established business that has been in operation since 1943 with only two different owners to date. Roca Bar is located on South Kentucky Avenue and is the original location that began over 74 years ago and is famous for pizzas and their italian salad. This is truly one of the finest restaurant/bar offerings that has become available in years. The sale consists of two parcels of real estate, complete business with all fixtures, equipment, three-way liquor license and secret recipes for there entire menu!!! The building has a brand new POS system and a sixteen camera security system that can be monitored from anywhere 24/7. The seating capacity is 144 with 37 tables, a large family room and private party area with bar seating as well. As the photos illustrate, the "Roca Bar" has a warm and welcoming atmosphere and when combined with great food and an excellent reputation make this a special offering. *******Please see attachments below*******

Financials

  • Finance Data Year 2019
  • Real Estate Taxes - Annual($) 3,133.96

Additional Details

  • Tax ID/APN 82-06-33-011-032.009-027/82-06-32-023-091.060-029
  • Zoning C-4 & R-2
  • Property Visibility Excellent
  • Total Number of Buildings 1
  • Number of Stories 1
  • Year Built 1940-01-01 00:00:00
  • Tax Auth Vanderburgh County