Building Details

Year built 1947

Flooring type Tile

Roof type Asphalt

Listing Agency: RE/MAX Results · RE/MAX International s***@remax.net Show Phone

Listed By: Anna Gilsinger · License #RB15001631 Show Phone

Added: Mar 13, 2025 Changed: Aug 26 Last Checked: Aug 28 at 10:06AM

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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.

Built in 1947, this one-story restaurant building includes a dining area with seating capacity for 30 people, two ADA-compliant bathrooms, a walk-in refrigerator, and a full unfinished basement. Tile flooring, central air, and an asphalt roof are also in place.

The property encompasses 0.08 acres at 154 S Michigan Street in Argos, Indiana. Its existing layout is configured for restaurant use, while the building may also accommodate another business. Showings are requested between 8:00 am and 3:00 pm EST.

Key Highlights

• Restaurant building constructed in 1947
• Dining area accommodates 30 people
• Two ADA‑compliant bathrooms

Property Analytics

Property Profile

Current Use

Bourbon Street Pizza ... Restaurant

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Building Supply Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

122

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 46501, IN

3,891

Population

1,595

Households

2.4

Avg Household Size

38

Median Age

11%

College-Educated

84%

High-School Grad

71.0 sq mi

ZIP Area

55

Density / Sq Mi

$62,721

Median Household Income

$39,514

Median Earnings

$947

Median Rent

$146,200

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant property with dining space, commercial refrigeration, and a full 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: Restaurant building constructed in 1947; Dining area accommodates 30 people; Two ADA‑compliant bathrooms