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Mixed-Use Restaurant Building
For Sale
$649,900

104 S Meridian Street, Sunman, IN 47041

Commercial Sale, Sunman, IN

Property SizeContact for details
Lot Size0.35 Acres
Days on Market525

Property Features for 104 S Meridian Street

General Information

Property type Commercial Sale
Property subtype Retail
Subdivision Adams
Standard status Active
APN 69-07-17-111-001.000-004
Lot size 0.35 Acres

Building Details

Year built 1920
Listing Agency: Huff Realty Indiana
Listed By: F. Patrick Martini · License #RB14023601
Added: Apr 2, 2025 Changed: Aug 24 Last Checked: Sep 8 at 1:06PM
MLS# 204750

Copyright © 2026 Southeastern Indiana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines an operating-style restaurant setup with an upstairs apartment. The restaurant component includes trade fixtures, furniture, bar equipment, kitchen appliances, and a walk-in cooler and freezer; a liquor license is also included. The apartment has a refrigerator and air-conditioning units.

An additional 500+/- sq ft of unfinished space is located upstairs and may accommodate added rooms or another apartment, subject to applicable requirements. The property also includes an additional parking area and a concrete parking lot. Improvements include the roof, furnace, air conditioning, and flooring. Built in 1920, the building is located at 104 S Meridian Street in Sunman, near I-74. The juke box, pop machine, and tea/coffee makers are excluded.

Key Highlights

  • Mixed‑use building with restaurant and upstairs apartment
  • Liquor license, trade fixtures, furniture, bar equipment, and kitchen appliances included
  • Walk‑in cooler and freezer included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Garden Center Big Box & Wholesale Store Grocery & Convenience Store Auto Repair Shop Hair Salon Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Turnkey business
Opportunity
Yes
Highway access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
5,851 visits/mo 0.1 miles
BP Shops & Services
4,308 visits/mo 0.0 miles

Demographics for 47041, IN

5,891
Population
2,449
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
77.8 sq mi
ZIP Area
76
Density / Sq Mi
$86,778
Median Household Income
$45,872
Median Earnings
$834
Median Rent
$280,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant improvements, an upstairs apartment, and unfinished expansion space create a flexible mixed-use configuration.
Where is this mixed-use property located?
The property is located at 104 S Meridian Street Sunman, IN.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Mixed‑use building with restaurant and upstairs apartment; Liquor license, trade fixtures, furniture, bar equipment, and kitchen appliances included; Walk‑in cooler and freezer included
More about this property
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