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    Churubusco Restaurant/Bar with Apartments Title is generated by Realmo AI

    120 N Main Street, Churubusco, IN 46723

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    For Sale
    $334,900

    Restaurant/Bar - Churubusco, IN

    Property size:
    10,143 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $33/SF
    Added:
    May 10, 2026
    Days on Market:
    1
    Last Refresh:
    May 10 at 3:06 pm

    Property Features for 120 N Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Central Business District
    Bathrooms
    7
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen, Office
    Parking features
    Off Street, Paved or Surfaced
    Interior features
    Drywall, Office Space, Public Restrooms, Ventilating/Exhaust Fans, Other, Ansel System
    Exterior features
    Office Space, Public Restrooms, Ventilating/Exhaust Fans, Other, Ansel System
    Standard status
    Active
    APN
    92-04-13-540-003.000-010
    Size
    10,143 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2166

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    1947
    Floors in Building
    2
    Flooring type
    Carpet
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Robert Thatcher

    Listing agent Robert Thatcher License #RB14026300

    Listing office Coldwell Banker Real Estate Group 57190 Alpha Dr, IN

    Listing date May 10, 2026

    MLS# 202617500 Listing URL

    Copyright © 2026 Elkhart County 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.

    HighLights

    • Multi‑Tenant Investment Property with 100% Leased Upper‑Level Apartments providing immediate monthly cash flow.
    • High‑Traffic Location on US HWY 33 with 15,253 Average Daily Traffic (ADT).
    • Main‑Level Commercial Space features a fully equipped commercial kitchen, including a stainless steel exhaust hood with Ansul fire suppression system and other restaurant FF&E.
    • Designated Rural Opportunity Zone.
    • Full Lower‑Level Basement with Wet Sprinkler System offering excellent utility and multiple uses.
    • Zoned General Business (GB) in a Central Business District location with off‑street parking.

    Overview

    Located at 120 North Main Street in Churubusco, Indiana, this multi-tenant investment property offers frontage on US HWY 33, with an Average Daily Traffic count of 15,253 vehicles. The property is situated in a Rural Opportunity Zone. The building has a total gross area of approximately 10,143 square feet on a 0.08-acre lot. The main level features 3,381 square feet of commercial space, available for sale or lease. The property includes three upper-level apartments, which are currently 100% leased and generating monthly cash flow. The commercial space is equipped with a commercial kitchen that includes a large, stainless steel exhaust hood with an Ansul fire suppression system, a vented three-bay commercial sink with a grease trap, and other restaurant fixtures, furniture, and equipment such as refrigerators and coolers. The building features ADA-compliant restrooms and ramped ingress and egress. Constructed with quality wood frame and a primarily masonry exterior, the building includes tall ceilings above grade and a full lower-level basement with a wet sprinkler system suitable for multiple uses. The property has adequate electrical service, natural gas HVAC, and water heaters. Zoned General Business (GB), the property is in an excellent Central Business District location with parking. Municipal water and sewer services are available, along with off-street parking lots. The property is suitable for a restaurant owner-operator or potential lease with an option to purchase, retail of all types, or a medical/dental practice. The upper-level apartments lease for between $900 and $1,090 per month. The main level commercial space is available at $8.00 per square foot on a modified gross 3-5 year term. The lower-level flex space also offers 3,381 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Churubusco
    County
    Whitley
    State
    Indiana
    Longitude
    -85.3188505
    Latitude
    41.2297482

    FAQs

    What type of property is this?
    Mixed-use property - Multi-tenant investment property with commercial space and apartments for sale.
    Where is this mixed-use property located?
    The property is located at 120 N Main Street Churubusco, IN.
    What is the asking price?
    The asking price for this property is $334,900.
    What are key features of this property?
    This property features: Multi‑Tenant Investment Property with 100% Leased Upper‑Level Apartments providing immediate monthly cash flow.; High‑Traffic Location on US HWY 33 with 15,253 Average Daily Traffic (ADT).; Main‑Level Commercial Space features a fully equipped commercial kitchen, including a stainless steel exhaust hood with Ansul fire suppression system and other restaurant FF&E.
    More about this property
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