Listing Agency: Bear Real Estate Sales LLC p***@bearrealestatesales.com Show Phone

Listed By: Penny Scroggins · License #IN RB17000300

Source: Crexi

Added: Apr 12 Changed: Jul 21 Last Checked: Jul 31 at 3:27PM

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Investment Insights

Based on property information with market context.

Brownies Restaurant is for sale and includes the building, all equipment, and a 2-bedroom rental house (about 900 square feet). The walk-in cooler/freezer has new components, and the dining room flooring has been replaced. The sale also includes a liquor license.

The property is located on State Road 135 in Bean Blossom near Bill Monroe’s Music Park & Campground. The business is described as a long-standing favorite in Brown County.

This offering is presented for a qualified buyer, with partial owner financing mentioned in the remarks.

Key Highlights

• Brownies Restaurant for sale at 135 N in Bean Blossom near Bill Monroe's Music Park & Campground
• Restaurant sale includes all building equipment
• Includes a 2‑bedroom 900 SF rental house

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Electrical Service (Bike/Boat/Book/etc) Store Real Estate Agency Veterinary Clinic Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 46160, IN

6,409

Population

2,804

Households

2.3

Avg Household Size

45

Median Age

17%

College-Educated

91%

High-School Grad

87.2 sq mi

ZIP Area

73

Density / Sq Mi

$72,003

Median Household Income

$44,396

Median Earnings

$886

Median Rent

$237,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant for sale with included equipment, walk-in cooler/freezer updates, replaced dining room flooring, and a liquor license.

Where is this conventional restaurant located?

The property is located at 5771 N State Rd 135 Morgantown, IN.

What are key features of this property?

This property features: Brownies Restaurant for sale at 135 N in Bean Blossom near Bill Monroe's Music Park & Campground; Restaurant sale includes all building equipment; Includes a 2‑bedroom 900 SF rental house