1440 Vaxter AveClarksville, IN 47129

For Sale
$1

Prime location, high-traffic area, strong investment.

Overview

Added:
Feb 3
Days on market:
37
This 6,810+-square-foot restaurant building, formerly O'Charley's, is situated on a 1.31-acre lot with 215 feet of road frontage on both Vaxter Avenue and Cedar Street in Clarksville, Indiana. The property boasts excellent visibility and proximity to high-traffic retailers like Green Tree Mall and Bass Pro Shops. The building features a wood and concrete block frame with brick veneer siding, a spacious interior with segmented dining areas, a bar area, restrooms, and a commercial-grade kitchen equipped with a cooler and freezer. The interior also includes fluorescent and incandescent lighting and 9-10-foot ceilings. Exterior features include a large 38,890-square-foot asphalt parking lot with 113 spaces, a pole sign visible from I-65 and Lewis & Clark Parkway (with a 2015 traffic count of 28,500 vehicles per day), and an additional pylon sign facing Vaxter Avenue. Mechanical systems include roof-mounted natural gas furnaces with condensers, a 1,200-amp main breaker, two restrooms with eleven fixtures, and a wet sprinkler system. The kitchen and bar areas have multiple sinks, floor drains, and other plumbing fixtures. A security alarm is also in place. A three-way liquor license is available to the new owner. Formerly leased for $9,473 per month NNN. Clark County's population exceeds 118,000 and is steadily growing, making this a strong investment opportunity. Some building updates may be necessary.

Property Details for 1440 Vaxter Ave

Property type
Investment properties, Other investment properties
Year Built
1994
Lot Size (sq. ft)
57,064 SF

Location Insight

City
Clarksville
County
Clark
State
Indiana
Latitude
38.31928
Longitude
-85.75745
1440 Vaxter Ave, Clarksville, Indiana

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1440 Vaxter Ave
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