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Tavern and Restaurant with Apartments
New
For Sale
$399,000

1100 Dr Martin Luther King Jr Blvd, Anderson, IN 46016

Operating food-and-beverage business with two upstairs residences and an enclosed patio.

Property Size3,804 SF
Lot Size0.27 Acres
Price / SF$104.89
Days on Market4

Property Features for 1100 Dr Martin Luther King Jr Blvd

General Information

Standard status Active
Size 3,804 SF
Lot size 0.27 Acres
Property subtype Commercial

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Business Included Yes
Currently Operating Yes

Amenities

Balcony Deck

Building Details

Year Built 1890
Listing Agency: RE/MAX Real Estate Solutions
Listed By: Candy Bair () · License #RB14050165
Source: Fortwayneareahomesforsale
Added: Oct 25 Changed: Oct 26 Last Checked: Oct 28 at 8:27AM

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 RE/MAX Real Estate Solutions

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property combines an operating tavern and restaurant with two upstairs two-bedroom apartments. The building contains approximately 3,804 square feet above grade, plus an unfinished basement. Restaurant and bar areas, an enclosed garden-style patio, a balcony deck, and paved parking are part of the property. The offering includes the real estate, business, and owned equipment.

Two parcels total approximately 0.274 acres at 1100 Dr Martin Luther King Jr Blvd in Anderson. The building dates to 1890.

Key Highlights

  • Approximately 3,804 square feet above grade, with an unfinished basement
  • Two upstairs 2‑bedroom apartments
  • Two parcels totaling approximately 0.274 acres

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center Nail Salon

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

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby
422
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Safelite AutoGlass Shops & Services
422 visits/mo 0.5 miles

Demographics for 46016, IN

17,686
Population
9,225
Households
1.9
Avg Household Size
36
Median Age
10%
College-Educated
80%
High-School Grad
6.4 sq mi
ZIP Area
2,763
Density / Sq Mi
$35,543
Median Household Income
$28,753
Median Earnings
$864
Median Rent
$66,100
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Operating food-and-beverage business with two upstairs residences and an enclosed patio.
Where is this mixed-use property located?
The property is located at 1100 Dr Martin Luther King Jr Blvd Anderson, IN.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Approximately 3,804 square feet above grade, with an unfinished basement; Two upstairs 2‑bedroom apartments; Two parcels totaling approximately 0.274 acres
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