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518 N Harrison St 2,072 SF Retail Building Alexandria, IN 46001 $289,000 ($139.48/SF)
Investment Highlights
- Owner-User Play – Ideal for a restaurant, café, or retail operator seeking a functional space with existing infrastructure
- Small Market Retail Investment – Attractive basis for long-term hold with local demand drivers
- Repositioning / Conversion – Adapt to alternate retail or service use permitted under B1 zoning
Executive Summary
Freestanding 2,072 SF retail building for sale in Alexandria, Indiana, delivered vacant and fully turnkey for a restaurant or bar operator. The sale includes all furniture, fixtures, and equipment (FF&E) plus an existing liquor license, allowing a new owner to step in and begin operations immediately.
The space is fully built out for food service with a functional layout, eliminating the need for costly renovations or startup delays. Situated on a 6,300 SF parcel with B1 commercial zoning, the property also offers strong visibility along a main corridor and a standalone presence ideal for an owner-user.
Rare opportunity to acquire a ready-to-operate restaurant/bar with everything in place—perfect for an operator looking to open quickly and generate revenue from day one.
The space is fully built out for food service with a functional layout, eliminating the need for costly renovations or startup delays. Situated on a 6,300 SF parcel with B1 commercial zoning, the property also offers strong visibility along a main corridor and a standalone presence ideal for an owner-user.
Rare opportunity to acquire a ready-to-operate restaurant/bar with everything in place—perfect for an operator looking to open quickly and generate revenue from day one.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,072 SF
Building Class
C
Year Built
1930
Price
$289,000
Price Per SF
$139.48
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.30 AC
Zoning
B1 - Commercial
Frontage
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $59,900 | |
| Land Assessment | $27,800 | Total Assessment | $87,700 |
Property Taxes
Parcel Numbers
Land Assessment
$27,800
Improvements Assessment
$59,900
Total Assessment
$87,700
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518 N Harrison St
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