Stucco House - Restaurant/Bar

Retail-Commercial for Sale
Catylist Listing ID: 30475469
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 4,384 SF
Gross Building Area: See Agent
Sale Price: $119,900
Unit Price: $27.35 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Stucco House
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/19/2019

Overview / Comments

The property was last used as a restaurant. Both feature excellent highway frontage along highway 62. This property has been the long-time home to the well known Stucco House. It offers 2.13 Acres of highway frontage ready for development. The building has 4,384 square feet plus a basement. Good location for a small business with storage needs. Originally built in 1940, the building has had many recent updates including plumbing, metal roofing and HVAC, features single panel electric. To be sold as is with no warranties. Electric and water on the back hill. Environmental Phase 1 is complete and available to view if needed.

Attachments & Media

Additional Details

Nearest MSA: Evansville
County: Posey
Tax ID/APN: 651402300033000019
Zoning: C1
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Mt. Vernon and Evansville, IN
Property Visibility: Excellent
Largest Nearby Street: Hwy 62
Highway Access: Located south of hwy, visible from Hwy
Site Description: 2.13 develop-able acres. Close proximity to hwy
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,384 SF
Year Built: 1940
Parking Type: Surface

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,493 17,111
Median Age: 42.16 36.32
Households: 2,850 5,926


Photograph of Listing Agent

Charlie Butler

KW Commercial CPIX Member
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