Building Details

Year Built 2014

Listing Agency: Orizon Real Estate, Inc.

Listed By: Stacie Bellam-Fillman · License #RB14043226 Show Phone

Source: Spencerchildersgroup

Added: Sep 5 Last Checked: Sep 5 at 2:57PM

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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 Orizon Real Estate, Inc.

Investment Insights

Based on property information with market context.

This conventional restaurant property includes an expanded commercial kitchen, indoor dining building, separate ice cream structure, multiple storage areas, and customer and employee restrooms. The indoor space has refinished flooring, insulation, updated lighting, ceiling fans, additional storage, tables, seating, and a mini-split heating and cooling system. Restaurant equipment and a substantial inventory of reusable serving items and supplies are included.

Outdoor amenities include a covered porch and deck, picnic tables, umbrellas, exterior lighting, updated landscaping, and a fire-pit area. Major work has been completed on the electrical, plumbing, gas, and water systems. Built in 2014, the property is located at 109 S Center St in Larwill, Indiana, just off US 30.

Key Highlights

• Expanded commercial kitchen with restaurant equipment included
• Separate ice cream building, indoor dining area, storage, and restrooms
• Covered porch and deck with picnic tables, umbrellas, and outdoor lighting

Property Analytics

Property Profile

Current Use

Ole Hitchin Post Restaurant

Suggested Use

Top Pick Auto Repair Shop Furniture & Home Goods Computer & Electronic Repair Grocery & Convenience Store Restaurant

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

33

Businesses Nearby

5k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Marathon Petroleum Shops & Services

4,895 visits/mo 0.1 miles

Demographics for 46764, IN

1,379

Population

607

Households

2.3

Avg Household Size

41

Median Age

20%

College-Educated

96%

High-School Grad

32.2 sq mi

ZIP Area

43

Density / Sq Mi

$66,818

Median Household Income

$46,875

Median Earnings

$1,023

Median Rent

$226,500

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?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Includes an expanded commercial kitchen, separate ice cream building, storage, restrooms, and restaurant equipment.

Where is this conventional restaurant located?

The property is located at 109 S Center St Larwill, IN.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Expanded commercial kitchen with restaurant equipment included; Separate ice cream building, indoor dining area, storage, and restrooms; Covered porch and deck with picnic tables, umbrellas, and outdoor lighting