Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2949 S 5Th St Terre Haute, IN 47802

    For Sale
    $638,000

    Restaurant/Bar - Terre Haute, IN

    Lot size:
    1.00 Acre
    Days on Market:
    569
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 2949 S 5Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    commercial
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    Interior features
    Security System, Restroom(s), Handicap Access, Handicap Restroom
    Accessibility
    Accessible Approach with Ramp
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Building materials
    See Remarks
    Architectural style
    Other

    LJ Michaels, Inc (812) 234-8808 [email protected]

    Listing agent CY MARLOW (812) 234-8808 License #RB14017536

    Listing date May 16, 2024

    MLS# 101532 Listing URL

    Copyright © 2025 Terre Haute Area 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/Bar Opportunity in Terre Haute

    This commercial property in Terre Haute, Indiana, offers potential for restaurant, retail, or other commercial uses. The sale includes the building and two houses situated on four parcels. The restaurant and its equipment are not included in the sale. The combined lot size is 1 acre. The property is zoned for commercial use. The included parcels are identified as 84-06-33-465-020.000-002, 84-06-33-465-017.000-002, 84-06-33-465-018.000-002, and 84-06-33-465-019.000-002.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sunrise Family Restaurant Family Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

    Edibles Catering & Foods To Go

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.411363
    Latitude
    39.434066

    Nearby Similar for Sale

    • $440,000
      0.40 Acres

      Turnkey Restaurant and Bar Opportunity

      Fully equipped restaurant/bar with apartments in prime location.
      1367 Wabash Ave, Terre Haute, IN 47807
      View Details
    • $325,000
      0.82 Acres

      Freestanding Commercial Building on Lafayette

      Freestanding commercial building with high visibility and move-in readiness.
      2160 Lafayette Ave, Terre Haute, IN 47805
      View Details
    • $899,000
      0.74 Acres

      Terre Haute Retail/Service Property

      11,462 SF steel building on 0.74 acres for sale.
      2509 S 1St St, Terre Haute, IN 47802
      View Details
    • $199,000
      1.48 Acres

      Skating Rink with C2 Zoning

      Skating rink with hardwood floor, lounge, kitchen, and ample parking.
      4600 N Smith St, Terre Haute, IN 47805
      View Details
    • $5,250,000
      5.00 Acres

      Retail/Service Property on US 41

      19,000 SF building on 5 acres, high traffic location.
      4120 S Us Highway 41, Terre Haute, IN 47802
      View Details
    • $4,000,000
      4.00 Acres

      Retail/Service Property in Terre Haute

      Former auto dealership on 4 acres with high traffic.
      4120 S Us Highway 41, Terre Haute, IN 47802
      View Details

    FAQs

    What type of property is this?
    Restaurant - Commercial property with restaurant/bar potential, including multiple parcels.
    Where is this restaurant located?
    The property is located at 2949 S 5Th St Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $638,000.
    What are key features of this property?
    This property features: - Includes 4 Parcels; - Two Houses Included in Sale; - Handicap Access and Restroom
    (812) 234-8808
    Request Owner's contact information
    2949 S 5Th St Terre Haute, IN 47802
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2949 S 5Th St
    Terre Haute, IN 47802
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2949 S 5Th St Terre Haute, IN 47802
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.