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Nick's Country Cafe 1643 Old US Highway 24 2,550 SF Retail Building Huntington, IN 46750 $749,900 ($294.08/SF) 25% Cap Rate
Investment Highlights
- Turnkey, Profitable Restaurant with over 30 years of community presence
- All equipment, recipes, secrets of success & 3 Way Liquor License included in the sale
- Great income and flexibility
Executive Summary
Own a beloved local favorite with endless potential... Nick's Country Cafe is a well-established, full service restaurant known for its warm atmosphere, loyal customer base and hearty, home-style meals. This turnkey operation is ready for its next owner to step in and thrive. Strategically located on a high-traffic road with excellent visibility, Nick's Country Cafe is perfectly positioned for both locals and out of town diners. Ample parking, great exposure, spacious dining area with spacious tables and cozy booths, unbelievable fully=equipped kitchen, walk-ins, updated mechanicals and 3 Way Liquor License. Established brand, existing menu, recipes, vendor relationships, and great income. Whether you have restaurant experience or you're a first-time owner don't miss out on this opportunity to own one of Huntington's best restaurants.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,550 SF
Building Class
C
Year Built
1978
Price
$749,900
Price Per SF
$294.08
Cap Rate
25%
NOI
$187,475
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.93 AC
Opportunity Zone
Yes
Parking
46 Spaces (18.04 Spaces per 1,000 SF Leased)
Frontage
284’ on Old US Highway 24
Nearby Major Retailers
1 of 37
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Hoosier Real Estate Group
Nick's Country Cafe | 1643 Old US Highway 24
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