Building Details

Year built 1900

Flooring type Mixed, Wood

Roof type Rubber

Listing Agency: Hahn Kiefer Real Estate Services j***@hahnkiefer.com Show Phone

Listed By: Aaron Wilson · License #RB14034509 Show Phone

Added: Feb 3 Changed: Aug 4 Last Checked: Aug 30 at 1:06AM

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MLS# 202603392

Copyright © 2026 Southwest Indiana Association of Realtors. 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.

Offered as a turnkey restaurant opportunity, The Wheelhouse includes a welcoming dining area and a fully equipped commercial kitchen designed to support daily food service operations. The space is described as having ample seating capacity and on-site parking to accommodate guests conveniently.

Located at 16 Main Street in the heart of Poseyville, the property is positioned to serve both local patrons and travelers, with the listing noting visibility and convenient access. The remarks also reference proximity to major travel routes, which may support steady customer traffic beyond the immediate neighborhood.

This offering is best suited for an owner-operator looking for a ready-to-run food service concept, or for an investor seeking a recognizable restaurant location that can be continued or adapted for a new dining experience. With on-site parking and an established restaurant layout centered on a commercial kitchen and dining room, the property provides a practical foundation for ongoing restaurant use.

Key Highlights

• Central air cooling
• Rubber roof
• Wood and mixed flooring

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply HVAC Service Auto Parts Store Real Estate Agency (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

Turnkey business

Opportunity

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

138

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 47633, IN

2,455

Population

1,020

Households

2.4

Avg Household Size

44

Median Age

16%

College-Educated

85%

High-School Grad

61.2 sq mi

ZIP Area

40

Density / Sq Mi

$71,136

Median Household Income

$38,924

Median Earnings

$720

Median Rent

$135,700

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

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant property with dining area, commercial kitchen, and on-site parking in Poseyville, Indiana.

Where is this conventional restaurant located?

The property is located at 16 Main Street Poseyville, IN.

What is the asking price?

The asking price for this property is $649,900.

What are key features of this property?

This property features: Central air cooling; Rubber roof; Wood and mixed flooring