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3901 Broadway Avenue
Evansville, IN 47712
Asking Price
$115K
Asset Type
Convenience Store Retail
Class
Class B
What's Special
Retail | 2,496 SqFt <p>Sitting on one acre, 3901 Broadway Ave offers a flexible commercial opportunity on Evansville’s West Side. The property is currently set up for use as a small restaurant, with restaurant equipment included in the sale. While it is not currently operating as a restaurant, the existing setup gives the next owner a strong starting point for food service, carryout, catering, or another small business use. Convenient location with good visibility and easy access to surrounding residential and comm
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NOI
$80,000
Cap Rate
69.63%
DSCR
11.73
Strong
Cash-on-Cash
212.30%
Monthly Payment
$568.463
Annual Cash Flow
$73,178.45
