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    154 S Michigan St Argos, IN 46501

    For Sale
    $149,000

    Restaurant/Bar - Argos, IN

    Lot size:
    0.08 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 154 S Michigan St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    50-22-90-302-629.000-016
    Interior features
    Drywall, Alley, Basement, Delivery Door, Refrigeration/Freezer
    Exterior features
    Alley, Basement, Delivery Door, Refrigeration/Freezer
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1947
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Asphalt
    Architectural style
    Other

    RE/MAX Results (574) 269-6911 [email protected]

    Listing agent Anna Gilsinger (574) 269-6911 License #RB15001631

    Listing date Nov 26, 2025

    MLS# 202508206 Listing URL

    Copyright © 2025 Kosciusko Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant/Bar in Argos, IN

    This one-story building, historically used as a pizza place, is located in downtown Argos, Indiana. It could be used as another business. The structure has a dining area with seating for 30 people, two ADA-compliant bathrooms, a walk-in refrigerator, and a full, unfinished basement. The property is available for multiple opportunities. The lot size is 0.08 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bourbon Street Pizza ... Pizza Restaurant

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Wholesale Shop Daycare Center Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Argos
    County
    Marshall
    State
    Indiana
    Longitude
    -86.245199
    Latitude
    41.236648

    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant/bar in downtown Argos, Indiana.
    Where is this restaurant located?
    The property is located at 154 S Michigan St Argos, IN.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: - Turnkey restaurant opportunity in downtown Argos.; - Includes a dining area with seating for 30.; - Equipped with a walk-in refrigerator.
    (574) 269-6911
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    154 S Michigan St Argos, IN 46501
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    Argos, IN 46501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    154 S Michigan St Argos, IN 46501
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