Double D's Restaurant and Bar

Retail-Commercial for Sale
Catylist Listing ID: 30045922
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 5,355 SF
Gross Building Area: 6,315 SF
Gross Land Area: 3.39 Acres
Sale Price: $399,000
Unit Price: $74.51 PSF
Ceiling: 14 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Double D's Restaurant and Bar
Usable Size (USF): 5,355 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/27/2021

Overview / Comments

Double D's is a well established restaurant and bar located in Boonville Indiana that was custom built in 2006 and as the photos illustrate is in excellent condition inside and out!!! Fronting Highway 62, which is the main east and west thoroughfare in Boonville, makes this property highly visible with great access. Serving only homemade food prepared fresh daily and cooked to order is only one reason this is a thriving and growing business. The business has a two way liquor license and the package is truly a "Turn Key Offering". With a current seating capacity of 262 and situated on 3.39 acres, there is certainly room for expansion or out door seating and dining if desired. What a great location for a winery and a perfect addition to a restaurant/bar that already offers so much!!! There is a second floor area that offers 882 square feet with a full bathroom, two offices and surplus of storage that could easily be converted into an apartment. The kitchen was updated in 2015 with a 20'x40' addition and all new equipment with an investment totaling over $100,000.00. Site improvements consist of a lit asphalt parking lot, concrete walks, street/ building signage and landscaping. Truly a great opportunity to own your own Business!!!

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $12,651 (Annual)

Additional Details

Nearest MSA: Evansville
County: Warrick
Taxing Authority: Warrick County
Tax ID/APN: 87-09-36-100-231.000-003
Zoning: C-2
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: East Main Street & Highway 62
Property Visibility: Excellent
Largest Nearby Street: Highway 62
Feet of Frontage: 230
Highway Access: Highway 62 and Highway 261
Airports: Evansville Regional Airport
Site Description: Highly visible with great curb appeal
Area Description: This property is situated in a commercial, residential and medical setting.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 2006
Year Renovated: 2015
Roof Type: Gable
Construction/Siding: Brick, Metal Siding, Wood Frame
Exterior Description: Steel siding with screw down metal panels, brick porch and overhang columns, gable metal roof design, insulated windows, commercial full lit entry, aluminum gutters, downspouts and vinyl soffit.
Total Parking Spaces: 86
Parking Ratio: 16 (per 1000 SF)
Parking Type: Surface
Parking Description: Large lit paved parking lot with 86 spaces.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: As the photos illustrate, this property offers so much with family dining, beautiful bar area with additional seating and plenty of room for private functions
Zoning Description: C-2 Warrick County commercial
Lot Frontage: 230
Lot Depth: 380
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: PT NE NW S36 T5 R8 3.392 A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,413 10,164 13,007
Median Age: 37.33 41.08 41.93
Households: 1,408 4,005 5,069

Contact

Photograph of Listing Agent

Mark Miller

ERA First Advantage Realty, Inc.
ICREX Member
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