Remodeled Mixed-Use Restaurant
For Sale
Contact for pricing
Pending
123 S State St, South Whitley, IN 46787
Includes a finished two-bedroom apartment above the restaurant.
Property SizeContact for details
Days on Market142
Property Features for 123 S State St
General Information
Standard status
Pending
Property subtype
Retail
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Additional Details
Floor
Ground
Business Included
Yes
Seating Capacity
44
Building Details
Buildings
1
Listing Agency:
RE/MAX Integrity
(260) 609-6217
Listed By:
Pamela Waller · License #IN
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 11:54PM
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 Integrity
Investment Insights
Based on property information with market context.
This historic mixed-use building combines an operating pizza and grill restaurant with residential space above. The restaurant occupies the first level and provides dining capacity for approximately 44 people. The property has been recently remodeled, and the restaurant business is included with the building.
The upper level contains a finished 2-bedroom apartment, along with a separate area identified as suitable for conversion into another apartment. The existing combination of restaurant and residential space supports multiple components within one property, with the operating business and real estate offered together.
The upper level contains a finished 2-bedroom apartment, along with a separate area identified as suitable for conversion into another apartment. The existing combination of restaurant and residential space supports multiple components within one property, with the operating business and real estate offered together.
Key Highlights
- First‑floor pizza and grill restaurant with approximately 44‑person dining capacity
- Finished 2‑bedroom apartment above the restaurant
- Recently remodeled historic building
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Dining 13%
Dollar General
Shops & Services
5,573 visits/mo
0.3 miles
Marathon Petroleum
Shops & Services
3,466 visits/mo
0.1 miles
SUBWAY
Dining
1,403 visits/mo
0.1 miles
Demographics for 46787, IN
3,902
Population
1,569
Households
2.5
Avg Household Size
40
Median Age
19%
College-Educated
87%
High-School Grad
65.7 sq mi
ZIP Area
59
Density / Sq Mi
$70,030
Median Household Income
$44,138
Median Earnings
$765
Median Rent
$158,500
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?
Mixed-use property - Includes a finished two-bedroom apartment above the restaurant.
Where is this mixed-use property located?
The property is located at 123 S State St South Whitley, IN.
What are key features of this property?
This property features: First‑floor pizza and grill restaurant with approximately 44‑person dining capacity; Finished 2‑bedroom apartment above the restaurant; Recently remodeled historic building
