Turnkey Restaurant Building with
For Sale
$129,000
154 S Michigan Street, Argos, IN 46501
COMMERCIAL, Argos, IN
Property SizeContact for details
Lot Size0.08 Acres
Days on Market530
Property Features for 154 S Michigan Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
SR 10 East to downtown Argos; South on Michigan Street to property
Subdivision
Marshall County
Standard status
Active
APN
50-22-90-302-629.000-016
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
ACREAGE: AUDITOR DESC: LOWRYS ADD N 30' LOT 1 LEGAL DESC:
Tax Annual Amount
2321
Legal Description
ACREAGE: AUDITOR DESC: LOWRYS ADD N 30' LOT 1 LEGAL DESC:
Utilities
Cooling system
Central Air
Building Details
Year built
1947
Flooring type
Tile
Roof type
Asphalt
Listing Agency:
RE/MAX Results · RE/MAX International
(574) 269-6911
Listed By:
Anna Gilsinger · License #RB15001631
(574) 274-3469
Added: Mar 13, 2025
Changed: Aug 19
Last Checked: Aug 24 at 6:06AM
MLS# 202508206
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This turnkey restaurant building is a one-story property designed for foodservice use, with a dining area that seats up to 30 people. The interior includes two ADA-compliant bathrooms and a walk-in refrigerator to support day-to-day operations. The building also has a full, unfinished basement that provides additional storage or flexible space for future buildout.
Located in downtown Argos, the property is offered for sale as the building only. The listing notes that it has historically operated as a pizza place, and it could support another business concept. Showings are requested to be held before business hours, between 8:00 am and 3:00 pm EST.
For operators, this layout offers immediate functionality for restaurant service with defined dining capacity and the key facilities needed for guest use and product storage. For owners exploring a different foodservice model or franchise concept, the existing restaurant configuration and amenities may streamline start-up planning, while the unfinished basement could be used to accommodate additional back-of-house needs depending on business requirements.
Located in downtown Argos, the property is offered for sale as the building only. The listing notes that it has historically operated as a pizza place, and it could support another business concept. Showings are requested to be held before business hours, between 8:00 am and 3:00 pm EST.
For operators, this layout offers immediate functionality for restaurant service with defined dining capacity and the key facilities needed for guest use and product storage. For owners exploring a different foodservice model or franchise concept, the existing restaurant configuration and amenities may streamline start-up planning, while the unfinished basement could be used to accommodate additional back-of-house needs depending on business requirements.
Key Highlights
- Downtown Argos one‑story restaurant building historically used as a pizza place; price is for the building only.
- Dining area seats up to 30 people, with tile flooring throughout.
- Includes 2 ADA‑compliant bathrooms.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46501, IN
3,891
Population
1,595
Households
2.4
Avg Household Size
38
Median Age
11%
College-Educated
84%
High-School Grad
71.0 sq mi
ZIP Area
55
Density / Sq Mi
$62,721
Median Household Income
$39,514
Median Earnings
$947
Median Rent
$146,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - One-story restaurant building with seating for 30, ADA-compliant restrooms, and a walk-in refrigerator plus unfinished basement.
Where is this conventional restaurant located?
The property is located at 154 S Michigan Street Argos, IN.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: Downtown Argos one‑story restaurant building historically used as a pizza place; price is for the building only.; Dining area seats up to 30 people, with tile flooring throughout.; Includes 2 ADA‑compliant bathrooms.
