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Equipped Restaurant with Divided Dining
For Sale
$299,000
Pending

111 W Union Street, Goodland, IN 47948

Commercial Sale, Goodland, IN

Property Size3,430 SF
Lot Size0.12 Acres
Days on Market226

Property Features for 111 W Union Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking 10
Parking features On Street
Basement Interior Entry, Unfinished, Storage Space
Appliances Gas Cooktop, Water Heater, Stainless Steel Appliance(s), Range Hood, Refrigerator, Gas Range
Subdivision Atkins Add
Directions US 24 to Newton St to Union, west to property.
Standard status Pending
APN 561726112026000005
Size 3,430 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description N 86' OF W1/2 LOT 5 BLK 32;N86' LOT 6 BLK 32 ATKINS ADD GOODLAND 602
Tax Annual Amount 1022
Legal Description N 86' OF W1/2 LOT 5 BLK 32;N86' LOT 6 BLK 32 ATKINS ADD GOODLAND 602

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1940
Listing Agency: RE/MAX Executives · RE/MAX International
Listed By: Trisha Potts · License #RB14046118
Added: Jan 20 Changed: Aug 19 Last Checked: Sep 3 at 2:06PM
MLS# 833076

Copyright © 2026 Greater Northwest Indiana Association 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.

Located at 111 W Union Street in Goodland, Indiana, this 3,430-square-foot restaurant occupies a 0.1185-acre parcel. The 1940 building has an updated interior with new bathrooms, furnished dining areas, divided seating spaces, and a commercial kitchen equipped with a gas cooktop, gas range, range hood, refrigerator, and stainless steel appliances. A three-way liquor license is available.

The property includes a basement, forced-air heating powered by natural gas, public water, and public sewer. On-street parking serves the site. The existing restaurant configuration and installed equipment provide an established framework for continued food-service operations.

Key Highlights

  • 3,430‑square‑foot restaurant on a 0.1185‑acre parcel
  • Updated interior with new bathrooms and furnished dining areas
  • Commercial kitchen with gas cooktop, gas range, range hood, refrigerator, and stainless steel appliances

Property Analytics

Current Use

Mi Vallarta Authentic ... Restaurant

Suggested Use

Top Pick HVAC Service Building Supply Auto Repair Shop Bakery Garden Center Barber Shop

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47948, IN

1,279
Population
598
Households
2.1
Avg Household Size
42
Median Age
13%
College-Educated
89%
High-School Grad
58.4 sq mi
ZIP Area
22
Density / Sq Mi
$57,563
Median Household Income
$40,833
Median Earnings
$475
Median Rent
$98,600
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Updated interior includes new bathrooms, furnished guest seating, and a commercial kitchen.
Where is this conventional restaurant located?
The property is located at 111 W Union Street Goodland, IN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 3,430‑square‑foot restaurant on a 0.1185‑acre parcel; Updated interior with new bathrooms and furnished dining areas; Commercial kitchen with gas cooktop, gas range, range hood, refrigerator, and stainless steel appliances
More about this property
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