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    932 Locust St Terre Haute, IN 47807

    For Sale
    $600,000

    Restaurant/Bar - Terre Haute, IN

    Lot size:
    0.28 Acres
    Days on Market:
    149
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 932 Locust St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    430- C
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    7
    Interior features
    Security System, Sprinkler, Fixtures, Furniture, Carpeting, Display Window, License, Restroom(s), 220 Volts, Inside Storage, Handicap Access
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    THE REAL ESTATE CONNECTION, LLC (812) 240-9735

    Listing agent KELSEY RICH (812) 240-9735 License #RB16001115

    Listing date Jul 11, 2025

    MLS# 106921 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 is an opportunity to own a well-established, family-owned restaurant and bar that has been serving the Terre Haute community for over 40 years. Known for its homestyle cooking and welcoming atmosphere, the Bush Family Restaurant is located on a corner lot minutes from Indiana State University. This full-service restaurant and bar offers dine-in, take-out, catering, and delivery options. Key features include a spacious banquet hall with seating for up to 50 guests, 50 on-site parking spots, seven bathrooms, a fully equipped kitchen, furniture, a 3-way liquor license, signage, name, and office space. The property is zoned 430- C and has a lot size of 0.28 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    THE BUSH FAMILY RESTAURANT American Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Starbucks, Holland M Bar D LLC, Water Tower Winery, Cowboys Country, Sonka Irish Pub

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.402852
    Latitude
    39.477706

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    FAQs

    What type of property is this?
    Bar - Established restaurant/bar with banquet hall and ample parking.
    Where is this bar located?
    The property is located at 932 Locust St Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Well-established, family-owned restaurant/bar with 40+ years of operation.; - Full-service restaurant and bar with dine-in, take-out, catering, and delivery options.; - 3-way liquor license included.
    (812) 240-9735
    Request Owner's contact information
    932 Locust St Terre Haute, IN 47807
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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
    932 Locust St Terre Haute, IN 47807
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