Turnkey Restaurant Building with Basement

154 S Michigan Street Argos, IN 46501

Claim this Listing
For Sale
$129,000

COMMERCIAL - Argos, IN

Lot size:
0.08 Acres
Added:
Mar 13, 2025
Days on Market:
486
Last Refresh:
Jul 11 at 7:06 am

Property Features for 154 S Michigan Street

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
50-22-90-302-629.000-016
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
ACREAGE: AUDITOR DESC: LOWRYS ADD N 30' LOT 1 LEGAL DESC:
Tax Annual Amount
2321

Utilities

Cooling system
Central Air

Building Details

Year built
1947
Flooring type
Tile
Roof type
Asphalt

Listing agent Anna Gilsinger License #RB15001631

Listing office RE/MAX Results 358 Enterprise Drive, Warsaw, IN

Listing date Mar 13, 2025

MLS# 202508206

Copyright © 2026 Kosciusko Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turnkey restaurant building is a one-story property designed for foodservice use, with a dining area that seats up to 30 people. The interior includes two ADA-compliant bathrooms and a walk-in refrigerator to support day-to-day operations. The building also has a full, unfinished basement that provides additional storage or flexible space for future buildout.

Located in downtown Argos, the property is offered for sale as the building only. The listing notes that it has historically operated as a pizza place, and it could support another business concept. Showings are requested to be held before business hours, between 8:00 am and 3:00 pm EST.

For operators, this layout offers immediate functionality for restaurant service with defined dining capacity and the key facilities needed for guest use and product storage. For owners exploring a different foodservice model or franchise concept, the existing restaurant configuration and amenities may streamline start-up planning, while the unfinished basement could be used to accommodate additional back-of-house needs depending on business requirements.

Key Highlights

  • Downtown Argos one‑story restaurant building historically used as a pizza place; price is for the building only.
  • Dining area seats up to 30 people, with tile flooring throughout.
  • Includes 2 ADA‑compliant bathrooms.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bourbon Street Pizza ... Restaurant

Suggested Use

Auto Repair Shop Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Building Supply Barber Shop Cafe & Coffee Shop Home Appliance Store Daycare Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - One-story restaurant building with seating for 30, ADA-compliant restrooms, and a walk-in refrigerator plus unfinished basement.
Where is this conventional restaurant located?
The property is located at 154 S Michigan Street Argos, IN.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: Downtown Argos one‑story restaurant building historically used as a pizza place; price is for the building only.; Dining area seats up to 30 people, with tile flooring throughout.; Includes 2 ADA‑compliant bathrooms.
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More about this property
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