104 S Meridian Street, Sunman, IN 47041

Building Details

Year built 1920 More

Listing Agency: Huff Realty Indiana

Listed By: F. Patrick Martini · License IN RB14023601 Show Phone

Added: Apr 2, 2025 Changed: Nov 5 Last Checked: Nov 9 at 11:06PM

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MLS# 204750

Copyright © 2026 Southeastern Indiana Board 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.

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Investment Insights

Based on property information with market context.

This restaurant property includes trade fixtures, furniture, bar equipment, kitchen appliances, a walk-in cooler and freezer, and a liquor license. The upstairs apartment has a refrigerator and air-conditioning units. An additional 500+/- sq ft of unfinished upstairs space is part of the building. The jukebox, pop machine, and tea and coffee makers are excluded from the included equipment.

The 0.35-acre property is in town near I-74. Built in 1920, the building has had work involving the roof, furnace, air conditioning, flooring, and concrete parking lot.

Key Highlights

• Restaurant sale includes a liquor license, trade fixtures, furniture, and bar equipment
• Kitchen appliances, walk‑in cooler, and freezer included; jukebox, pop machine, and tea/coffee makers excluded
• Upstairs apartment includes a refrigerator and air‑conditioning units

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Garden Center Big Box & Wholesale Store Grocery & Convenience Store Auto Repair Shop Hair Salon Food Market

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

Liquor license

Location Intelligence

Trade Area within ½ mile

108

Businesses Nearby

10k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

5,851 visits/mo 0.1 miles

BP Shops & Services

4,308 visits/mo 0.0 miles

Demographics for 47041, IN

5,891

Population

2,449

Households

2.4

Avg Household Size

42

Median Age

25%

College-Educated

90%

High-School Grad

77.8 sq mi

ZIP Area

76

Density / Sq Mi

$86,778

Median Household Income

$45,872

Median Earnings

$834

Median Rent

$280,200

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

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Mixed-Use Property with Restaurant

119 S Meridian Street, Sunman, IN 47041

$349,000

0.16 Acres

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Flexible Industrial Building

215 Nieman Street, Sunman, IN 47041

$474,900

0.50 Acres

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Mixed-Use Building with Apartment

104 Jackson St, Sunman, IN 47041

$199,900

0.06 Acres

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant furnishings, kitchen equipment, a liquor license, and residential space are included.

Where is this conventional restaurant located?

The property is located at 104 S Meridian Street Sunman, IN.

What is the asking price?

The asking price for this property is $649,900.

What are key features of this property?

This property features: Restaurant sale includes a liquor license, trade fixtures, furniture, and bar equipment; Kitchen appliances, walk‑in cooler, and freezer included; jukebox, pop machine, and tea/coffee makers excluded; Upstairs apartment includes a refrigerator and air‑conditioning units