Search
Restaurant and Office Building
For Sale
$799,000

1527 11th Street, Tell City, IN 47586

Restaurant building with a fully equipped kitchen, dining seating for 200-plus, catering space, and two office areas.

Property Size9,800 SF
Price / SF$81.53
Days on Market115

Property Features for 1527 11th Street

General Information

Standard status Active
Size 9,800 SF
Property subtype Commercial Business

Additional Details

Business Included Yes
Office Units 2

Amenities

Lot Size Acres: 0.73
Percentage of Tax that is Deductable: 0
Forced Air Heating, Electric Heat Fuel
Sale, Sale Type: Foreclosure, Availability Date: 2026-05-04
Basement Type: Full, Unfinished, Finished
Built in 1962
Above Area Square Feet: 9800
Construction Type: Masonry - Brick
Brick Siding

Building Details

Year Built 1962
Listing Agency: Dixon Realty
Listed By: Cheryl Arnold · License #RB14051256
Source: Doyle-realty
Added: May 4 Changed: Aug 25 Last Checked: Aug 25 at 6:31AM

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 Dixon Realty

Investment Insights

Based on property information with market context.

This for-sale commercial property includes approximately 9,800 square feet configured for restaurant operations with dine-in, take-out, and catering. The layout features spacious dining areas, a fully equipped commercial kitchen, and an efficient flow designed for on-site service. The building also includes two office spaces and on-site living quarters.

The property is situated on four city lots and is described as being in a high-visibility, high-traffic location in Tell City.

An abundance of inventory is included with the building, and the property is known locally as Bill & Dave's Smokin' Pit, reflecting its long-established history of food service operations.

Key Highlights

  • Commercial property built in 1962 with approximately 10,000 SF on 4 city lots in Tell City
  • Includes fully equipped commercial kitchen plus eat‑in diner space and catering operations
  • Seating for over 200 guests for dine‑in service, with take‑out and catering options

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center

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

2
Office units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 46% Shops & Services 44% Home Improvements & Furnishings 10%
Noble's IGA Foodliner Groceries
9,765 visits/mo 0.1 miles
Marathon Petroleum Shops & Services
9,305 visits/mo 0.2 miles
Dauby's True Value Home Improvements & Furnishings
2,174 visits/mo 0.1 miles

Demographics for 47586, IN

11,027
Population
5,197
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
93%
High-School Grad
97.0 sq mi
ZIP Area
114
Density / Sq Mi
$58,641
Median Household Income
$43,035
Median Earnings
$665
Median Rent
$137,900
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant building with a fully equipped kitchen, dining seating for 200-plus, catering space, and two office areas.
Where is this conventional restaurant located?
The property is located at 1527 11th Street Tell City, IN.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Commercial property built in 1962 with approximately 10,000 SF on 4 city lots in Tell City; Includes fully equipped commercial kitchen plus eat‑in diner space and catering operations; Seating for over 200 guests for dine‑in service, with take‑out and catering options
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message