Restaurant Building with
For Sale
$375,000
112 E Spring, Lagrange, IN 46761
Operating improvements include a complete kitchen, restaurant furnishings, liquor licensing, and an updated three-bedroom apartment.
Property Size4,488 SF
Price / SF$83.56
Days on Market16
Property Features for 112 E Spring
General Information
Standard status
Active
Size
4,488 SF
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Building Details
Year Built
1892
Buildings
1
Listing Agency:
Lewis & Lambright Inc
(260) 479-5503
Listed By:
Virgen Morales
Source:
Kmsrealestategroup
Added: Aug 15
Changed: Aug 30
Last Checked: Aug 30 at 4:38AM
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 Lewis & Lambright Inc
Investment Insights
Based on property information with market context.
This restaurant property in Lagrange, Indiana, combines an established dining facility with an upstairs residential component. The sale includes tables, chairs, dishes, glassware, silverware, and a fully equipped kitchen, allowing the next owner to acquire a substantially furnished operation. A 3-way liquor license is also included.
The upper level contains an updated three-bedroom apartment, while a full basement provides additional enclosed space. Built in 1892, the building has served as a family-owned restaurant for more than 30 years and is located at 112 E Spring.
The upper level contains an updated three-bedroom apartment, while a full basement provides additional enclosed space. Built in 1892, the building has served as a family-owned restaurant for more than 30 years and is located at 112 E Spring.
Key Highlights
- Restaurant building with an updated upstairs 3‑bedroom apartment
- Included kitchen equipment, tables, chairs, dishes, glassware, and silverware
- 3‑way liquor license included
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46761, IN
12,902
Population
4,466
Households
2.9
Avg Household Size
32
Median Age
10%
College-Educated
66%
High-School Grad
123.1 sq mi
ZIP Area
105
Density / Sq Mi
$72,088
Median Household Income
$41,682
Median Earnings
$766
Median Rent
$205,200
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 - Operating improvements include a complete kitchen, restaurant furnishings, liquor licensing, and an updated three-bedroom apartment.
Where is this conventional restaurant located?
The property is located at 112 E Spring Lagrange, IN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Restaurant building with an updated upstairs 3‑bedroom apartment; Included kitchen equipment, tables, chairs, dishes, glassware, and silverware; 3‑way liquor license included
