400 Capitol AveCorydon, IN 47112

For Sale
$599,000

Successful Restaurant, Prime Location

Overview

Added:
Feb 3
Days on market:
37
This exceptional business opportunity is located at 400 N Capitol Avenue in the heart of historic Corydon, Indiana. The property boasts a highly visible street-front location directly across from the courthouse, ensuring maximum exposure and foot traffic. Currently operating as Fredericks Restaurant, a thriving establishment known for its excellent breakfast and lunch service, this turnkey operation offers immediate income potential. The restaurant comfortably seats approximately 67 patrons, providing ample space for diners. Adding to the investment appeal is a 2-bedroom, 1-bathroom apartment situated above the restaurant, currently generating rental income. This adds a valuable secondary revenue stream to the overall property value. The 0.71-acre lot is situated in the historic district, offering a unique blend of charm and commercial viability. This is a rare chance to own a well-established business in a vibrant and desirable downtown location, with the potential for continued growth and success. The property's prime location offers easy walking access to numerous shops and attractions, further enhancing its appeal to both customers and residents. This is an exceptional opportunity for an entrepreneur seeking a profitable venture in a thriving community. The combination of a successful restaurant and a rental apartment makes this a truly unique and compelling investment. Don't miss this chance to own a piece of Corydon's rich history and vibrant future.

Property Details for 400 Capitol Ave

Property type
Investment properties, Other investment properties
Year Built
1948
Lot Size (sq. ft)
30,928 SF

Location Insight

City
Corydon
County
Harrison
State
Indiana
Latitude
38.21239
Longitude
-86.12602
400 Capitol Ave, Corydon, Indiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
400 Capitol Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message