Building Details

Year built 1900

Flooring type Carpet

Roof type Rubber

Listing Agency: RE/MAX Real Estate Solutions · RE/MAX International d***@remax.net Show Phone

Listed By: Jonathan Greene · License #RB23001179 Show Phone

Added: Jul 23 Changed: Aug 19 Last Checked: Aug 23 at 6:06PM

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MLS# 202629732

Copyright © 2026 Mid-Eastern Indiana Association of Realtor 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.

Turnkey Three Dog Saloon bar and grill offering a full-service bar and kitchen in an approximately 2,356 SF space, plus an additional 2,300 SF second floor. The sale includes a Restaurant 210 4-way liquor license (Liquor, Beer, Wine and carryout). The property is improved with central air and off-street parking.

Built in 1900, the building includes a basement and carpet flooring, with a rubber roof. Recent updates include a new A/C in 2026, a new cooling unit for the walk-in cooler in 2025, all-new plumbing throughout the main floor, updated electrical, new floor joists, decking surface and flooring, and remodeled bathrooms.

Operations are described as a casual dining layout that supports onsite dining and events, with pool leagues referenced as part of the regular activity. The overall configuration provides an established bar and kitchen footprint along with additional upper-level space for potential further development.

Key Highlights

• Approximately 2,356 SF full‑service bar and kitchen
• Restaurant 210 4‑way liquor license (Liquor, Beer, Wine and carryout) included
• Additional 2,300 SF second floor for potential development

Property Analytics

Property Profile

Current Use

Bars & Pubs

Suggested Use

Top Pick Dental Office Hair Salon Spa & Massage Center Nail Salon (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this bars & pubs located? What is the asking price? Find similar properties ... What are key features of this property?

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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 bar and grill with a full-service bar and kitchen and a Restaurant 210 4-way liquor license.

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: Approximately 2,356 SF full‑service bar and kitchen; Restaurant 210 4‑way liquor license (Liquor, Beer, Wine and carryout) included; Additional 2,300 SF second floor for potential development