Restaurant With Upstairs
For Sale
$375,000
112 E Spring, Lagrange, IN 46761
COMMERCIAL, Lagrange, IN
Property SizeContact for details
Lot Size0.07 Acres
Days on Market608
Property Features for 112 E Spring
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Lot features
City
Directions
State Road 20 to State Road 9 North then turn East on Spring property on right
Subdivision
LaGrange County
Standard status
Active
APN
44-07-19-300-001.022-002
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
4047
Tax Description
Original Plat-TOWN OF LAGRANGE W 22' LOTS 1 & 4 BLK 28
Tax Annual Amount
2206
Legal Description
Original Plat-TOWN OF LAGRANGE W 22' LOTS 1 & 4 BLK 28
Utilities
Cooling system
Central Air
Amenities
upstairs 3 bedroom apartment
full basement
Building Details
Year built
1892
Flooring type
Mixed
Roof type
Shingle
Listing Agency:
Lewis & Lambright Inc
(260) 463-2013
Listed By:
Virgen Morales
(260) 479-5503
Added: Feb 5, 2025
Changed: Aug 26
Last Checked: Oct 6 at 10:06PM
MLS# 202503617
Copyright © 2026 Northeastern 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.
This restaurant property includes a fully equipped kitchen along with tables, chairs, plates, cups, glasses, and silverware. A 3-bedroom apartment occupies the upper level and has been updated, while a full basement provides additional building space. Central air, mixed flooring, and a shingle roof are among the existing improvements. The building was constructed in 1892 and sits on 0.07 acres at 112 E Spring in LaGrange, Indiana.
The sale includes a 3-way liquor license and the restaurant’s existing furniture and kitchen equipment. The property has been operated by the same family for more than 30 years, according to the available property information.
The sale includes a 3-way liquor license and the restaurant’s existing furniture and kitchen equipment. The property has been operated by the same family for more than 30 years, according to the available property information.
Key Highlights
- Fully equipped restaurant kitchen with tables, chairs, plates, cups, glasses, and silverware
- 3‑way liquor license included
- Updated upstairs 3 Bedroom apartment
Property Analytics
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Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46761, IN
12,902
Population
4,466
Households
2.9
Avg Household Size
32
Median Age
10%
College-Educated
66%
High-School Grad
123.1 sq mi
ZIP Area
105
Density / Sq Mi
$72,088
Median Household Income
$41,682
Median Earnings
$766
Median Rent
$205,200
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant with complete kitchen equipment, dining furnishings, liquor license, and additional residential space.
Where is this conventional restaurant located?
The property is located at 112 E Spring Lagrange, IN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Fully equipped restaurant kitchen with tables, chairs, plates, cups, glasses, and silverware; 3‑way liquor license included; Updated upstairs 3 Bedroom apartment
