SVN | The Martin Group | 8606 Allisonville Road, Suite 110, Indianapolis, IN 46250 SALE BROCHURE

HEICHELBECH'SRESTAURANT/BAR ANDPARKING LOTS222 E 12TH STREETJASPER, IN 47546

Debra Olinger, CCIMSenior Advisor812.727.0444deb.olinger@svn.com

OFFERING SUMMARY

Sale Price: $190,000

Lot Size: 0.47 Acres

Year Built: 1915

Building Size: 3,336

Renovated: 2000

Zoning: R-3

Market: Near downtown and

workforce area of

Jasper

Price / SF: $56.95

The restaurant/bar.dining room building is 3,336 SF.The sale of this property includes a restaurant/bar, 1 paved parking lot and a gravel parking lot.There are 3 parcels of real estate.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Near downtown location-Excellent exposure- 3 streets frontages

• Restaurant/ Bar with liquor license, and paved Parking Lot

• Additional parking lot-gravel

• Annual taxes $2,090

• In area of new development- converting factories to multi-family

• Great income potential!

• Immediate possession-owners to assist buyer for a smooth transition!

HEICHELBECH'S RESTAURANT/BAR AND PARKING LOTS | 222 E 12TH STREET, JASPER, IN 47546 SVN | The Martin Group | Page 2

Executive Summary

HEICHELBECH'S RESTAURANT/BAR AND PARKING LOTS | 222 E 12TH STREET, JASPER, IN 47546 SVN | The Martin Group | Page 3

SALE HIGHLIGHTS

• Near downtown location-Excellent exposure- 3 streets frontages

• Restaurant/ Bar with liquor license, and paved Parking Lot

• Additional parking lot-gravel

• Annual taxes $2,090

• In area of new development- converting factories to multi-family

• Great income potential!

• Immediate possession-owners to assist buyer for a smooth

transition!

Property Name: Heichelbech's Restaurant/Bar and Parking Lots

Property Address: 222 E 12th Street, Jasper, IN 47546

Property Type: Special Purpose

APN: 19-06-26-403-123.001-002, 19-06-26-403-122.000-002,

Lot Size: 0.47 AC

Building Size: 3,336 SF

Gross Leasable Area: 3,336 SF

Zoning: R-3

Rail Access: N/A

Parking Spaces: 42

Cross Streets: 12th, Mill and Jackson Streets

Year Built: 1915

Number of Stories: 1

Foundation: masonry

Walls: painted

Ceilings: acoustical tile

HVAC: Gas furnace

PROPERTY OVERVIEW

The restaurant/bar.dining room building is 3,336 SF.The sale of this property includes a restaurant/bar, 1 paved parking lot and a gravel parking lot.There are 3 parcels of real estate.

LOCATION OVERVIEW

This property is located north of Jasper's downtown, the county seat of Dubois County. Many majoremployers are located within 1 mile of the property. New multi-family residential development isoccurring to the east, renovation of old, manufacturing warehouse buildings to apartments. The locationof this property near employment, downtown, new and existing housing makes this location great for asuccessful restaurant/ bar.

Property Details & Highlights

HEICHELBECH'S RESTAURANT/BAR AND PARKING LOTS | 222 E 12TH STREET, JASPER, IN 47546 SVN | The Martin Group | Page 4

Location Maps

HEICHELBECH'S RESTAURANT/BAR AND PARKING LOTS | 222 E 12TH STREET, JASPER, IN 47546 SVN | The Martin Group | Page 5

Heichelbech's Restaurant/Bar andParking Lots

Aerial Map

HEICHELBECH'S RESTAURANT/BAR AND PARKING LOTS | 222 E 12TH STREET, JASPER, IN 47546 SVN | The Martin Group | Page 6

POPULATION 1 MILE 5 MILES 10 MILES

Total population 2,845 19,822 40,682

Median age 38.2 38.6 38.0

Median age (male) 33.4 35.2 36.8

Median age (Female) 45.2 44.2 40.4

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

Total households 1,146 7,880 15,424

# of persons per HH 2.5 2.5 2.6

Average HH income $63,943 $65,742 $64,226

Average house value $130,460

* Demographic data derived from 2010 US Census

Demographics Map

HEICHELBECH'S RESTAURANT/BAR AND PARKING LOTS | 222 E 12TH STREET JASPER, IN 47546 SVN | The Martin Group | Page 7

Additional Photos

HEICHELBECH'S RESTAURANT/BAR AND PARKING LOTS | 222 E 12TH STREET JASPER, IN 47546 SVN | The Martin Group | Page 8

Additional Photos

HEICHELBECH'S RESTAURANT/BAR AND PARKING LOTS | 222 E 12TH STREET JASPER, IN 47546 SVN | The Martin Group | Page 9

Additional Photos

HEICHELBECH'S RESTAURANT/BAR AND PARKING LOTS | 222 E 12TH STREET, JASPER, IN 47546 SVN | The Martin Group | Page 10

8606 Allisonville Road, Suite 110Indianapolis, IN 46250T 812.727.0444C 812.630.8986deb.olinger@svn.comIN #RB14030277

PROFESSIONAL BACKGROUND

Deb Olinger, CCIM a Senior Advisor for SVN- The Martin Group sales and leasing of all property types in Bloomington.Deb brokers and leases all types of commercial, multi-family, retail, medical office and industrial real estate. She hasover 30 years of commercial, industrial and multi-family real estate experience in large markets such as Indianapolis,San Antonio, Texas and small to medium markets, Bloomington, Evansville and Jasper, Indiana. Deb has the experienceand expertise to help clients through the purchase, selling or leasing of all types of real estate investments.

Deb is an active member of the Certified Commercial Investment Member (CCIM) state and national level. She is memberof the Indiana Commercial Board of Realtors and the National Association of Realtors.

Deb earned a Bachelor of Science degree in Business with concentration in Real Estate from the Kelley School ofBusiness, Indiana University, Bloomington, Indiana.

She is a certified instructor for the State of Indiana for continuing education and pre-licensing.

EDUCATION

Bachelor or Science degree in Business with concentration in Real Estate from the Kelley School of Business, IndianaUniversity, Bloomington, Indiana.

MEMBERSHIPS & AFFILIATIONS

Certified Commercial Investment Member (CCIM) Certificate No. 14295Indiana Real Estate Broker License No. RB14030277National Association of RealtorsIndiana Commercial Board of Realtors

DEBRA OLINGER, CCIM

Senior Advisor

Advisor Bio & Contact 1

HEICHELBECH'S RESTAURANT/BAR AND PARKING LOTS | 222 E 12TH STREET, JASPER, IN 47546 SVN | The Martin Group | Page 11

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be usedfor any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent ofthe SVN® Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person isauthorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receivingthese materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the informationcontained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. ThisOffering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct,and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representationsor warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or madeavailable to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fullyexecuted and delivered Real Estate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor anyof their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this OfferingBrochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, toreject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with anyentity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on termsacceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing andagreed to release the Owner and the SVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any suchcorrespondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospectivepurchaser proceeds at its own risk.

Disclaimer