Building Details

Year Built 1972

Listing Agency: THIEMAN REALTY

Listed By: Stacey Thieman-Wright Show Phone

Source: Kmsrealestategroup

Added: Sep 30 Last Checked: Oct 1 at 1:48PM

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Investment Insights

Based on property information with market context.

This 3,984-square-foot restaurant property, built in 1972, has a commercial kitchen and an existing pizza-and-bar configuration. Kitchen equipment includes a Lincoln pizza oven, fryers, freezers, and stainless steel work tables. The property also has four half baths and patio dining.

Dining and bar furnishings and equipment are in place, including tables, chairs, barstools, and a margarita machine. The existing setup provides a range of physical components for a restaurant or hospitality operation.

Key Highlights

• 3,984 square feet; built in 1972
• Commercial kitchen with Lincoln pizza oven, fryers, freezers, and stainless steel tables
• Four half baths

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Big Box & Wholesale Store Furniture & Home Goods Storage Facility

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

Location Intelligence

Trade Area within ½ mile

226

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 47553, IN

8,625

Population

3,453

Households

2.5

Avg Household Size

38

Median Age

15%

College-Educated

84%

High-School Grad

138.6 sq mi

ZIP Area

62

Density / Sq Mi

$74,533

Median Household Income

$44,611

Median Earnings

$688

Median Rent

$197,000

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 conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - A commercial kitchen, pizza oven, bar, and dining patio support food-service use.

Where is this conventional restaurant located?

The property is located at 109 Hill St Loogootee, IN.

What is the asking price?

The asking price for this property is $363,000.

What are key features of this property?

This property features: 3,984 square feet; built in 1972; Commercial kitchen with Lincoln pizza oven, fryers, freezers, and stainless steel tables; Four half baths