Remodeled Restaurant with
For Sale
Contact for pricing
139 - 141 E Main Street, North Manchester, IN 46962
Restaurant package includes real estate, operating business, equipment, inventory, and a liquor license.
Property SizeContact for details
Days on Market144
Property Features for 139 - 141 E Main Street
General Information
Standard status
Active
Property subtype
Retail
Financials
Asking Price
$599,000
Business Included
Yes
Restaurant
Seating Capacity
120
Equipment Included
Yes
Liquor License
Yes
Building Details
Year Renovated
2021
Listing Agency:
Steffen Group Auctioneers & Real Estate
Listed By:
Jill Hieber · License #IN RB14016472
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 1:23AM
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 Steffen Group Auctioneers & Real Estate
Investment Insights
Based on property information with market context.
The offering combines the restaurant business with the real estate at 139 and 141 E. Main Street, along with equipment, inventory, and a liquor license. The operation provides seating for 120 guests across a 50-person bar area, 40-person family room, and 30-person banquet room.
The restaurant was remodeled and updated in 2021. Building improvements include newer HVAC systems and a rubber membrane roof reported to be 10–12 years old, while other mechanical systems have also been updated in recent years. A second-floor apartment above 139 E. Main Street provides an additional income component.
The restaurant was remodeled and updated in 2021. Building improvements include newer HVAC systems and a rubber membrane roof reported to be 10–12 years old, while other mechanical systems have also been updated in recent years. A second-floor apartment above 139 E. Main Street provides an additional income component.
Key Highlights
- Restaurant, business, real estate, equipment, inventory, and liquor license included
- 120‑person seating capacity with 50‑person bar, 40‑person family room, and 30‑person banquet room
- Remodeled and updated in 2021
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Dining 20%
Phillips 66
Shops & Services
5,056 visits/mo
0.2 miles
Marathon Petroleum
Shops & Services
2,581 visits/mo
0.1 miles
SUBWAY
Dining
2,184 visits/mo
0.0 miles
H&R Block
Shops & Services
894 visits/mo
0.1 miles
Demographics for 46962, IN
8,592
Population
3,881
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
106.2 sq mi
ZIP Area
81
Density / Sq Mi
$71,863
Median Household Income
$36,782
Median Earnings
$679
Median Rent
$152,500
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?
Conventional restaurant - Restaurant package includes real estate, operating business, equipment, inventory, and a liquor license.
Where is this conventional restaurant located?
The property is located at 139 - 141 E Main Street North Manchester, IN.
What are key features of this property?
This property features: Restaurant, business, real estate, equipment, inventory, and liquor license included; 120‑person seating capacity with 50‑person bar, 40‑person family room, and 30‑person banquet room; Remodeled and updated in 2021
