Turnkey Restaurant and
119 S Meridian Street Sunman, IN 47041
For Sale
$349,000
COMMERCIAL - Sunman, IN
Lot Size0.16 Acres
Days on Market308
Property Features for 119 S Meridian Street
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
69-07-16-222-034.000-004
Lot size
0.16 Acres
Building Details
Year built
1930
Listing Agency:
Lohmiller Real Estate
(812) 537-1023
Listed By:
Charles Peters Jr · License #RB14044461
(812) 584-6880
Added: Sep 25, 2025
Changed: Jun 10
Last Checked: Jul 29 at 11:06AM
MLS# 205992
Copyright © 2026 Southeastern Indiana Board 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 mixed-use property includes a turn-key restaurant space within a former Classic Pizza building and three residential units upstairs. The restaurant features two pizza ovens, a walk-in cooler, and included equipment to support immediate food service operations. A notable interior element is an original early 1900s bar and back bar, adding character to the dining area.
The building is located in downtown Sunman and is described as having excellent visibility. Access details, frontage length, and specific streetscape information are not provided in the available materials.
Upstairs, the residential component consists of two two-bedroom apartments and one one-bedroom apartment, creating a diversified live-and-work setup for an owner-operator or a purchaser seeking rental income alongside food service. With the restaurant equipped for continued use and the apartment mix providing multiple unit types, the property may appeal to operators looking to manage both concepts under one roof. Exact unit layouts, current lease terms, and operating history are not included in the information provided.
The building is located in downtown Sunman and is described as having excellent visibility. Access details, frontage length, and specific streetscape information are not provided in the available materials.
Upstairs, the residential component consists of two two-bedroom apartments and one one-bedroom apartment, creating a diversified live-and-work setup for an owner-operator or a purchaser seeking rental income alongside food service. With the restaurant equipped for continued use and the apartment mix providing multiple unit types, the property may appeal to operators looking to manage both concepts under one roof. Exact unit layouts, current lease terms, and operating history are not included in the information provided.
Key Highlights
- Year built 1930 mixed‑use property in downtown Sunman
- Turn‑key restaurant space includes 2 pizza ovens, walk‑in cooler, and all equipment
- Restaurant features a historic early 1900's original bar and back bar
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Turnkey restaurant space with kitchen equipment plus three apartments above, offering combined income and operating flexibility.
Where is this mixed-use property located?
The property is located at 119 S Meridian Street Sunman, IN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Year built 1930 mixed‑use property in downtown Sunman; Turn‑key restaurant space includes 2 pizza ovens, walk‑in cooler, and all equipment; Restaurant features a historic early 1900's original bar and back bar
