List Search

1331 W Franklin St
Evansville, IN 47710

$550,000 USD

Restaurant For Sale  •  6,228 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,228 SF
  • Lot Size 0.29 AC
  • Building Class C
  • Year Built 1800
  • Cap Rate 8.73 %
  • Tenancy Single
  • Zoning C
0 Transit Score
61 Walk Score

Highlights

- Business Under New Management with celebrated chef
- Zoned C-4 for flexible commercial use
- Prime location on W Franklin Street entertainment area
- Established destination for the local community

Property Flyers

Financial Summary (Actual)

Net Operating Income: $48,001 USD (2023)
Cap Rate: 8.73 %
Total Expenses: $16,288 USD

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Evansville Regional 13 min - 6.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 23
Type: Surface
Included in Rent: Yes
Scott Hyatt 812-900-7661 NAI Prime Commercial
Scott Hyatt 812-900-7661 NAI Prime Commercial