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2825 W Broadway St

3,832 SF Retail Building Princeton, IN 47670 £1,408,410 (£368/SF)

Investment Highlights

  • Signalized Corner Retail Pad
  • For Sale, Lease, or Ground Lease
  • 3832 SF / 1.0 Acre
  • High Traffic area near Hwy 41 interchange
  • Drive Thru possible
  • Bob Evans lease until 04/26

Executive Summary

Located on a Busy Signalized Intersection ,The Bob Evans at 2825 W Broadway St in Princeton, Indiana is located in Town Fair Shopping Center across from a Walmart Supercenter on a busy signalized corner intersection with ample parking, and one block from the US 41 interchange. The property offers a promising re-development opportunity due to its prime location and features. Situated in a vibrant and growing community, the site is approximately 1 acre and includes a well-maintained building currently operating as a Bob Evans restaurant until 04/26. This site has excellent visibility with cross easement access and an average annual daily traffic of 18,600 on West Broadway Street and 16,533 on US-41. It is surrounded by national retailers like Walmart, GMC, Maurices, and Dollar Tree, and is ideally positioned for continued future success.
This Property is available for Sale, Lease or Ground Lease, offering flexible development options to potential investors and tenants. The sale price for the entire property as-is is $1,800,000, Ground lease asking rate of $10k/month NNN and lease of the existing building is being offered at $30/SF NNN, with a desired lease term of 120 months.

Attachments

Bob Evans Princeton FLyer

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,832 SF
Building Class
B
Year Built
1995
Price
£1,408,410
Price Per SF
£368
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
1.00 AC
Zoning
commercial
Parking
55 Spaces (14.35 Spaces per 1,000 SF Leased)
Frontage
241 ft on Broadway St

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signalised Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,386 SF
  • Retail
  • In-Line
  • Apr 2026

The Bob Evans at 2825 W Broadway St in Princeton, Indiana is located in Town Fair Shopping Center across from a Walmart Supercenter on a busy signalized corner intersection with ample parking, and one block from the US 41 interchange. It is available for Sale, Lease or Ground Lease, offering flexible development options to potential investors and tenants. The sale price for the entire property as-is is $1,800,000, Ground lease asking rate of $10k/month NNN and lease of the existing building is being offered at $30/SF NNN, with a desired lease term of 120 months.

Space Size Space Use Position Available
1st Floor 3,386 SF Retail In-Line Apr 2026

1st Floor

Size
3,386 SF
Space Use
Retail
Position
In-Line
Available
Apr 2026

1st Floor

Size 3,386 SF
Space Use Retail
Position In-Line
Available Apr 2026

The Bob Evans at 2825 W Broadway St in Princeton, Indiana is located in Town Fair Shopping Center across from a Walmart Supercenter on a busy signalized corner intersection with ample parking, and one block from the US 41 interchange. It is available for Sale, Lease or Ground Lease, offering flexible development options to potential investors and tenants. The sale price for the entire property as-is is $1,800,000, Ground lease asking rate of $10k/month NNN and lease of the existing building is being offered at $30/SF NNN, with a desired lease term of 120 months.

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Nearby Major Retailers

Wings Etc.
Woodforest National Bank
Ponderosa Steakhouse
Regions Bank
IGA
Applebee's
Old National Bank

PROPERTY TAXES

Parcel Number 26-11-11-300-004.086-028 Improvements Assessment £129,261
Land Assessment £156,490 Total Assessment £285,751

PROPERTY TAXES

Parcel Number
26-11-11-300-004.086-028
Land Assessment
£156,490
Improvements Assessment
£129,261
Total Assessment
£285,751
(616) 799-6629

Contacts

  • Listing ID: 33350724

  • Date on Market: 30/09/2024

  • Last Updated:

  • Address: 2825 W Broadway St, Princeton, IN 47670

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© 2024 CoStar Group

2825 W Broadway St
(616) 799-6629 x

2825 W Broadway St

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Russ Bono, CCIM

(616) 799-6629

(616) 799-6629

Cameron Timmer

(616) 485-4131

(616) 485-4131

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