205 N Armstrong Street, Crothersville, IN 47229

$500,000
3,812
SqFt

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List Price
$500,000
Days on Market
14
Status
ACTIVE
MLS#
22122744
Living Area
3,812
Lot Size (Acres)
0.6000000000000001
Year Built
1947

Property Description

TURNKEY BAR & RESTAURANT OPPORTUNITY WITH MULTIPLE BUSINESS POSSIBILITIES! Located in the heart of Crothersville with excellent visibility and frontage along Highway 31, this well-established commercial opportunity is ready for its next owner. Much of the establishment was renovated in 2017, creating a modern, functional space with an extensive list of improvements and equipment already in place. The property is being offered with an impressive collection of transferable business assets and licenses, including a liquor license, carry-out license, gaming license and catering license, providing a tremendous head start for an entrepreneur ready to operate or expand a food and beverage concept. The fully equipped commercial kitchen features 2018 or newer equipment, including fryers, refrigerators, freezers, and a pizza oven, making this an excellent opportunity for a restaurant operator, bar owner, caterer, food-service entrepreneur, or other hospitality-related business. The possibilities extend well beyond the current use. This property could be an ideal fit for an existing bar or restaurant owner looking to expand, franchise operator, caterer, food truck operator seeking a permanent location, brewery or taproom concept, event venue, or entrepreneur with a new business vision. The included licenses, equipment, established infrastructure, and commercial location can help reduce the time and expense typically associated with starting from the ground up. Adding even more potential are three additional parcels included with the sale, offering valuable space for future parking, outdoor amenities, expansion, additional business uses, or other opportunities based on the buyer's vision and applicable zoning/use requirements. Situated directly along Highway 31 with prominent road frontage, the property offers convenient access to I-65, Crothersville Community Schools, and the surrounding industrial and employment areas. Possibilities are endless!

Additional Information

Area
Vernon
Taxes
$856

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Listing courtesy of Berkshire Hathaway Home.

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