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Historic Restaurant and Sports Bar
For Sale
Contact for pricing
Pending

56 N Main St, Frankfort, IN 46041

Historic restaurant and sports bar with banquet rooms, veranda seating, updated interiors, and an upstairs leased condominium.

Property SizeContact for details
Days on Market142

Property Features for 56 N Main St

General Information

Standard status Pending
Property subtype Retail

Restaurant

Patio Yes
Equipment Included Yes
Liquor License Yes

Additional Details

Furnished Yes
Business Included Yes

Amenities

party/banquet rooms
new TVs
Listing Agency: Berkshire Hathaway HS IN Realty
Listed By: Karen Butcher · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 1:04PM

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 Berkshire Hathaway HS IN Realty

Investment Insights

Based on property information with market context.

The property is a historic restaurant and sports bar at 56 N Main St in Frankfort, Indiana. The main venue includes two party or banquet rooms, an outside veranda, and interior updates to the seating, flooring, lighting, and televisions. Some kitchen equipment has also been replaced. A transferable 3 Way Liquor License is included with the offering.

A 3,000-square-foot condominium occupies the level above the restaurant and is currently leased. It has a private entrance and a garage, providing a separate upper-level component within the property. The combination of restaurant facilities, event-oriented rooms, outdoor seating, and an income-producing condominium creates a multi-component commercial asset.

Key Highlights

  • Historic restaurant and sports bar at 56 N Main St, Frankfort, IN 46041
  • Two party or banquet rooms plus an outside veranda
  • Updated seating, flooring, lighting, and televisions

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Storage Facility Garden Center Big Box & Wholesale Store

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

7
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46041, IN

24,120
Population
9,889
Households
2.4
Avg Household Size
37
Median Age
17%
College-Educated
83%
High-School Grad
248.4 sq mi
ZIP Area
97
Density / Sq Mi
$60,716
Median Household Income
$39,503
Median Earnings
$900
Median Rent
$154,100
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Historic restaurant and sports bar with banquet rooms, veranda seating, updated interiors, and an upstairs leased condominium.
Where is this conventional restaurant located?
The property is located at 56 N Main St Frankfort, IN.
What are key features of this property?
This property features: Historic restaurant and sports bar at 56 N Main St, Frankfort, IN 46041; Two party or banquet rooms plus an outside veranda; Updated seating, flooring, lighting, and televisions
More about this property
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