531 S Franklin St

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30801361
Property Subtypes: Restaurant
Building Size (RSF): 764 SF
Gross Building Area: See Agent
Gross Land Area: 0.30 Acres
Sale Price: $149,900
Unit Price: $196.20 PSF
Ceiling: 9 ft.
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/7/2023

Overview / Comments

NEW PRICE and waiting for that individual that has an Entrepreneurship Fever. Step right into ownership of a Turn Key operation. This hometown business can be yours. Complete Equipment Inventory comes with the purchase. Terrific menu can be provided for new owners or make your own. Business name will be dissolved. Large corner lot with ample parking, Covered patio and recessed lighting will provide you outside dining with a large attached storage building with electricity as well as a 2nd building. Drive thru window for direct car delivery and more. Tremendous set up for New Owners. Furnace electric w/CA less than 10 yrs old, 200 Amp panel. POS (3) system included if new owners choose to operate (NCR Silver, $120 a month). Internet is Frontier ($80 a month, estimated). Connect with your own credit card company (Owners currently uses Springs Valley). Building repainted 2021. Current owners have had Environmental and Lead base inspections completed (All Clear). This will take Cash or Conventional Financing.

Additional Details

Nearest MSA: Evansville
County: Gibson
Tax ID/APN: 261418303000351007
Property Visibility: Excellent
Year Built: 1953
Construction/Siding: Block
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,453 3,435 5,669
Median Age: 36.72 38.41 40.38
Households: 943 1,366 2,266

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