Turn-Key Conventional Restaurant with
For Sale
$299,000
Pending
111 W Union Street, Goodland, IN 47948
Commercial Sale, Goodland, IN
Property Size3,430 SF
Lot Size0.12 Acres
Days on Market220
Property Features for 111 W Union Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking
10
Parking features
On Street
Basement
Interior Entry, Unfinished, Storage Space
Appliances
Gas Cooktop, Water Heater, Stainless Steel Appliance(s), Range Hood, Refrigerator, Gas Range
Subdivision
Atkins Add
Directions
US 24 to Newton St to Union, west to property.
Standard status
Pending
APN
561726112026000005
Size
3,430 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
N 86' OF W1/2 LOT 5 BLK 32;N86' LOT 6 BLK 32 ATKINS ADD GOODLAND 602
Tax Annual Amount
1022
Legal Description
N 86' OF W1/2 LOT 5 BLK 32;N86' LOT 6 BLK 32 ATKINS ADD GOODLAND 602
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1940
Listing Agency:
RE/MAX Executives · RE/MAX International
(219) 987-2230
Listed By:
Trisha Potts · License #RB14046118
(219) 204-8312
Added: Jan 20
Changed: Aug 19
Last Checked: Aug 28 at 7:06AM
MLS# 833076
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turn-key conventional restaurant is fully operational and fully equipped, with recently updated interior features including new bathrooms. The space includes a fully equipped commercial kitchen and furnished guest areas designed for divided dining, with family seating and over-21 seating available. A 3-way liquor license is available, supporting the restaurant’s separate dining formats.
The property is located at 111 W Union Street in Goodland, Indiana, on a 0.1185-acre lot. The building totals 3,430 square feet and was built in 1940, with a basement included as part of the rooms. Heating is provided by natural gas forced air. Appliances listed include a gas cooktop, gas range, range hood, refrigerator, stainless steel appliances, and a water heater. Parking is on street.
Public utilities include public water and public sewer service.
The property is located at 111 W Union Street in Goodland, Indiana, on a 0.1185-acre lot. The building totals 3,430 square feet and was built in 1940, with a basement included as part of the rooms. Heating is provided by natural gas forced air. Appliances listed include a gas cooktop, gas range, range hood, refrigerator, stainless steel appliances, and a water heater. Parking is on street.
Public utilities include public water and public sewer service.
Key Highlights
- 3,430 SF conventional restaurant with basement
- 0.1185‑acre lot at 111 W Union Street, Goodland, IN
- Recently updated interior with new bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turn-key restaurant offering a fully equipped commercial kitchen, furnished dining areas, and public water and sewer service.
Where is this conventional restaurant located?
The property is located at 111 W Union Street 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: 3,430 SF conventional restaurant with basement; 0.1185‑acre lot at 111 W Union Street, Goodland, IN; Recently updated interior with new bathrooms
