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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 Market281

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: Oct 25 Last Checked: Oct 26 at 6:05PM

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

Rey
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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

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

Current Use

Mi Vallarta Authentic ... Restaurant

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Real Estate Agency Garden Center Bakery

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

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
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