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Turn-Key Restaurant with Commercial Kitchen
For Sale
$299,000
Pending

111 W Union St, Goodland, IN 47948

Fully operational restaurant offering a fully equipped commercial kitchen and recently updated interiors.

Property Size3,430 SF
Days on Market235

Property Features for 111 W Union St

General Information

Standard status Pending
Size 3,430 SF

Additional Details

Furnished Yes
Business Included Yes
Liquor License Yes

Taxes and HOA fees

Annual Taxes $1,022
Listing Agency: RE/MAX Executives
Listed By: Trisha Potts · License #RB14046118
Source: Exprealty
Added: Jan 20 Changed: Sep 6 Last Checked: Sep 11 at 12:59PM

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 Executives

Investment Insights

Based on property information with market context.

This turn-key restaurant is fully operational and comes fully equipped for immediate use. The recently updated interior includes new bathrooms and a fully equipped commercial kitchen. The property is furnished for guest dining in a charming setting, with divided seating areas supported by available 3-way liquor license.

The restaurant is located at 111 W Union St in Goodland, IN.

Dining accommodations are described as family and over-21 seating options, with the layout supporting divided dining spaces.

Key Highlights

  • Fully operational, fully equipped restaurant ready for business
  • Includes a fully equipped commercial kitchen
  • Recently updated interior with new bathrooms

Property Analytics

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Open Analytics

Current Use

Mi Vallarta Authentic ... Restaurant

Suggested Use

Top Pick HVAC Service Building Supply Auto Repair Shop Bakery Garden Center Barber Shop

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
Liquor license

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47948, IN

1,279
Population
598
Households
2.1
Avg Household Size
42
Median Age
13%
College-Educated
89%
High-School Grad
58.4 sq mi
ZIP Area
22
Density / Sq Mi
$57,563
Median Household Income
$40,833
Median Earnings
$475
Median Rent
$98,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully operational restaurant offering a fully equipped commercial kitchen and recently updated interiors.
Where is this conventional restaurant located?
The property is located at 111 W Union St Goodland, IN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Fully operational, fully equipped restaurant ready for business; Includes a fully equipped commercial kitchen; Recently updated interior with new bathrooms
More about this property
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