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High traffic location with excellent exposure on Corydon Ave. Remodelled Corydon Village building for sale. All kitchen equipment excluded. Business offered for sale separately by tenant. Recently built bar in the dining area. Currently tenant occupied with fully net lease. Great Corydon front patio. Good partial basement. Lot front: 34 ft and lot depth: 120 ft. Lot area: 4,080 sf. Building area: 2,290 sf. Zoning: C2. Roll number: 12022120000. 2014 Realty taxes: $11,508.10. Cap rate currently at 7.1%. Base monthly = $3,742 plus management and maintenance. Tenant lease is 5 years plus 5. Triple net.
TO FOLLOW 16% CAP RATE--- 5 YEAR LEASE IN PLACE Could be bought out