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Historic Mixed-Use Building with Apartment
For Sale
Contact for pricing

101 N Main Street, Farmland, IN 47340

Includes an operating restaurant, renovated loft residence, and additional upper-level space for future finishing.

Property SizeContact for details
Days on Market145

Property Features for 101 N Main Street

General Information

Standard status Active
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes

Building Details

Buildings 1
Listing Agency: Coldwell Banker Commercial Real Estate Group
Listed By: Brian Allardt · License #RB14013784
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 3:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Real Estate Group

Investment Insights

Based on property information with market context.

This mixed-use property combines a long-standing restaurant business with a renovated loft-style apartment inside a historic commercial building. The residence measures 2300 sq. ft. and offers an open layout, kitchen island, two bedrooms, 1.5 baths, and an office or possible third bedroom. Hardwood floors, exposed ductwork, tall ceilings, and a large primary bedroom add character to the living space.

The building is approximately 120 years old, with additional open space exceeding 2500 square feet across the third and fourth levels. That unfinished area can support future expansion, an apartment addition, or studio and workshop use. The property is located at 101 N. Main Street in Farmland, Indiana, near State Road 32 and State Road 1, with access toward Interstate 70, Muncie, Richmond, and Dayton. The Chocolate Moose restaurant business is included.

Key Highlights

  • Historic commercial building with an operating restaurant business
  • Renovated 2300 sq. ft. loft‑style apartment
  • Two bedrooms, 1.5 baths, and an office or third bedroom

Property Analytics

Current Use

The Chocolate Moose Restaurant

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Auto Parts Store Real Estate Agency (Bike/Boat/Book/etc) Store

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

Demographics for 47340, IN

2,744
Population
1,548
Households
1.8
Avg Household Size
45
Median Age
21%
College-Educated
92%
High-School Grad
53.4 sq mi
ZIP Area
51
Density / Sq Mi
$61,146
Median Household Income
$41,841
Median Earnings
$845
Median Rent
$165,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes an operating restaurant, renovated loft residence, and additional upper-level space for future finishing.
Where is this mixed-use property located?
The property is located at 101 N Main Street Farmland, IN.
What are key features of this property?
This property features: Historic commercial building with an operating restaurant business; Renovated 2300 sq. ft. loft‑style apartment; Two bedrooms, 1.5 baths, and an office or third bedroom
(765) 808-1400 Call to check price and availability
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