Turnkey Bar & Grill
For Sale
$285,000
517 Locust Street, Middletown, IN 47356
Commercial Sale, Middletown, IN
Property Size4,656 SF
Lot Size0.06 Acres
Price / SF$61.21
Days on Market33
Property Features for 517 Locust Street
General Information
Property type
Residential
Property subtype
Retail
Zoning
General Business
Elementary school
Shenandoah Elementary School
Middle school
Shenandoah Middle School
High school
Shenandoah High School
Elementary school district
Shenandoah School Corporation
Middle school district
Shenandoah School Corporation
High school district
Shenandoah School Corporation
Directions
GPS Friendly
Subdivision
3301 - Henry - Fall Creek
Standard status
Active
APN
330232310220000006
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Orig Plat Lot 1 Blk 3 39'
Legal Description
Orig Plat Lot 1 Blk 3 39'
Building Details
Year built
1900
Roof type
Rubber
Listing Agency:
RE/MAX Real Estate Solutions · RE/MAX International
(765) 640-1900
Listed By:
Jonathan Greene · License #RB23001179
(765) 640-1900
Added: Jul 23
Changed: Aug 19
Last Checked: Aug 24 at 5:06AM
MLS# 22115655
Copyright © 2026 MIBOR Service Corporation. 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.
Turnkey bar and grill opportunity operating from 517 Locust Street in Middletown, Indiana. The property includes a full-service bar and kitchen with a Restaurant 210 4-way liquor license (liquor, beer, wine, and carryout) included with the sale. The main level is complemented by an additional second floor space of about 2,300 square feet for potential additional development.
Recent updates include a new A/C unit (2026), a new cooling unit for the walk-in cooler (2025), all-new plumbing throughout the main floor, updated electrical, new floor joists, decking surface and flooring, and remodeled bathrooms. The space is used for casual dining and includes entertainment, with pool leagues held three nights a week and community events supported by the venue.
Zoned General Business, this restaurant setup is offered with the operational components described in the remarks, including the included liquor license.
Recent updates include a new A/C unit (2026), a new cooling unit for the walk-in cooler (2025), all-new plumbing throughout the main floor, updated electrical, new floor joists, decking surface and flooring, and remodeled bathrooms. The space is used for casual dining and includes entertainment, with pool leagues held three nights a week and community events supported by the venue.
Zoned General Business, this restaurant setup is offered with the operational components described in the remarks, including the included liquor license.
Key Highlights
- 3,356 SF full‑service bar and kitchen at 517 Locust St, operating as Three Dog Saloon
- Restaurant 210 4‑way liquor license included (Liquor, Beer, Wine & carryout)
- Recent updates include new A/C (2026), walk‑in cooler cooling unit (2025), and new plumbing throughout main floor
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 47356, IN
5,831
Population
2,369
Households
2.5
Avg Household Size
43
Median Age
17%
College-Educated
94%
High-School Grad
54.6 sq mi
ZIP Area
107
Density / Sq Mi
$68,654
Median Household Income
$46,308
Median Earnings
$823
Median Rent
$172,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Score Card Lounge — 610 Locust St, Middletown, IN 47356
- Corner tavern — 694 Locust St, Middletown, IN 47356
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turnkey full-service bar and kitchen with liquor license and recent system and interior upgrades.
Where is this bar & pub located?
The property is located at 517 Locust Street Middletown, IN.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 3,356 SF full‑service bar and kitchen at 517 Locust St, operating as Three Dog Saloon; Restaurant 210 4‑way liquor license included (Liquor, Beer, Wine & carryout); Recent updates include new A/C (2026), walk‑in cooler cooling unit (2025), and new plumbing throughout main floor
