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Turn-Key Restaurant with Liquor License
For Sale
Contact for pricing
Pending

327 Union St, Mishawaka, IN 46544

Fully equipped two-story restaurant with an upstairs banquet room and a 3-way River liquor license.

Property Size7,780 SF
Days on Market134

Property Features for 327 Union St

General Information

Standard status Pending
Size 7,780 SF
Property subtype Retail

Additional Details

Furnished Yes
Business Included Yes
Liquor License Yes

Amenities

banquet room
additional parking

Building Details

Stories 2
Listing Agency: Coldwell Banker Commercial Roth Wehrly Graber South Bend
Listed By: John Piraccini · License #RB14045659
Source: Crexi
Added: Apr 11 Changed: Aug 15 Last Checked: Aug 21 at 2:40PM

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 Coldwell Banker Commercial Roth Wehrly Graber South Bend

Investment Insights

Based on property information with market context.

This well-established, fully equipped restaurant is offered in excellent condition and includes a 2-story building totaling 7,780 square feet, with 462 square feet of basement space used for storage. The upstairs banquet area features a kitchen, restrooms, a bar, and multiple large windows overlooking the city.

The business is located on the south side of Mishawaka near an underpass, downtown, and the Riverwalk. Additional parking is available in a lot across the street. The restaurant is currently closed Sunday and Monday.

The property includes a 3-way River Liquor License, supporting turn-key operation for a qualified buyer. Owner financing may be considered for qualified buyers.

Key Highlights

  • Fully equipped, well‑established restaurant ready for operation
  • 3‑way River liquor license included
  • 2‑story building totaling 7,780 SF, including 462 SF basement used for storage

Property Analytics

Current Use

Oliva's Bar & Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency HVAC Service Skin Care Clinic Grocery & Convenience Store Computer & Electronic Repair Furniture & Home Goods

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

874
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Dining 25%
KeyBank Shops & Services
2,711 visits/mo 0.4 miles
REBEL Convenience Store Shops & Services
2,279 visits/mo 0.4 miles
Pizza Hut Dining
2,275 visits/mo 0.4 miles
Marathon Shops & Services
1,751 visits/mo 0.4 miles

Demographics for 46544, IN

31,571
Population
13,661
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
88%
High-School Grad
39.8 sq mi
ZIP Area
793
Density / Sq Mi
$57,873
Median Household Income
$40,120
Median Earnings
$1,018
Median Rent
$151,100
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped two-story restaurant with an upstairs banquet room and a 3-way River liquor license.
Where is this conventional restaurant located?
The property is located at 327 Union St Mishawaka, IN.
What are key features of this property?
This property features: Fully equipped, well‑established restaurant ready for operation; 3‑way River liquor license included; 2‑story building totaling 7,780 SF, including 462 SF basement used for storage
(574) 277-8000 Call to check price and availability
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