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    25 Indiana St Jasper, IN 47546

    For Sale
    $1,100,000

    Restaurant, Restaurant/Bar - Jasper, IN

    Lot size:
    0.90 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 25 Indiana St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-3 General Business
    Rooms
    Bathroom 1, Bathroom 2, Kitchen, Office
    Bathrooms
    2
    APN
    19-06-35-200-035.009-002
    Parking
    86
    Parking features
    Paved or Surfaced
    Interior features
    Drywall, Office Space, Public Restrooms, Refrigeration/Freezer
    Exterior features
    Office Space, Public Restrooms, Refrigeration/Freezer
    Lot size
    0.90 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1994
    Floors in Building
    1
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Sell4Free Welsh Realty Corp. (812) 634-6969 [email protected]

    Listing agent Gary Schnell (812) 634-6969 License #RB14046630

    Listing date Oct 24, 2025

    MLS# 202543362 Listing URL

    Copyright © 2025 Southwest 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.

    Overview

    Restaurant Opportunity on Highway 231

    This restaurant and bar is situated on a 0.89-acre corner lot along Highway 231 S. The 5,715 sq. ft. brick building features two restrooms, a large kitchen with all equipment, an office, a storage room, and a spacious dining room. The property also includes a large paved parking lot, tables and chairs, a buffet line, and four TVs. The location is near shopping areas, hotels, car dealerships, and manufacturing plants, along a main highway. The property was recently a successful steakhouse bar and grill. A large majority of the kitchen equipment was replaced three years ago, and there have been upgrades to the buffet and heating and air system. A complete list of included equipment is available. The zoning is B-3 General Business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waste Water Treatment ... Water Treatment Plant Legacy Steakhouse Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Sander Catering, Oink Inc Smokehouse and Southern Kitchen

    Location Insight

    • Map
    • Local Demand
    City
    Jasper
    County
    Dubois
    State
    Indiana
    Longitude
    -86.941414
    Latitude
    38.386655

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    FAQs

    What type of property is this?
    Restaurant - Restaurant/bar on 0.89 acres with equipment included.
    Where is this restaurant located?
    The property is located at 25 Indiana St Jasper, IN.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - High-traffic location on Hwy 231 S. near shopping, hotels, car dealerships, and manufacturing plants.; - Large 5715 sq. ft. brick building on a .89 acre corner lot with a large paved parking lot.; - Fully equipped commercial kitchen with recently replaced equipment (3 years ago).
    (812) 634-6969
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    25 Indiana St Jasper, IN 47546
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    Jasper, IN 47546
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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
    25 Indiana St Jasper, IN 47546
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