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Turnkey Restaurant with Apartment

407 Third St Howe, IN 46746

407 Third St, Howe, IN, 46746
$225,000
For Sale
$225,000

COMMERCIAL - Howe, IN

Lot Size0.23 Acres
Days on Market148

Property Features for 407 Third St

General Information

Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Off Street
Standard status
Active
APN
44-02-30-300-000.026-012
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
49
Tax Description
OP N 28' of lots 64 & 69 and op S 28.5 of lots 63 & 96
Tax Annual Amount
694

Utilities

Cooling system
Central Air

Building Details

Year built
1900
Flooring type
Concrete, Laminate
Roof type
Shingle
Listing agency Lewis & Lambright Inc
Listed by John Wainwright
Added: Feb 23 Updated: Jul 6 at 4:14PM Checked: Jul 21 at 10:06PM
MLS# 202605655

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 for-sale property combines a turnkey restaurant offering with the underlying real estate, including included business equipment. The layout also features an upstairs apartment that is currently rented.

Located at 407 Third St in Howe, Indiana 46746, the property offers a single asset with both restaurant operations and residential income from the upper unit.

With the restaurant and equipment included in the purchase, the property is positioned to support an immediately operational restaurant setup alongside ongoing rental income from the apartment.

Key Highlights

  • Turnkey restaurant includes business equipment plus the underlying real estate
  • Additional upstairs apartment is currently rented
  • Central air cooling

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Gathering Place Restaurant Restaurant

Suggested Use

Building Supply HVAC Service Auto Parts Store Storage Facility Big Box & Wholesale Store Butcher Pet Grooming Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop

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

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant sale includes business equipment and an upstairs apartment currently rented.
Where is this conventional restaurant located?
The property is located at 407 Third St Howe, IN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Turnkey restaurant includes business equipment plus the underlying real estate; Additional upstairs apartment is currently rented; Central air cooling
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