Listing Agency: Signature Real Estate

Listed By: Wes Bedwell · License #IN RB14025748

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Sep 1 at 4:52AM

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Investment Insights

Based on property information with market context.

This established family restaurant is offered with the operating components needed to continue as a diner. The current management team is willing to remain temporarily to support the ownership transition.

The property is located at 1604 N Section Street in Sullivan, Indiana, within walking distance of Sullivan schools, a bowling alley, the American Legion, and Little League diamonds.

Key Highlights

• Established family restaurant in Sullivan, Indiana
• Current management willing to assist during the ownership transition
• Within walking distance of Sullivan schools, bowling alley, American Legion, and Little League diamonds

Property Analytics

Property Profile

Current Use

Sparks Collision Center Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Grocery & Convenience Store Dental Office

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

Location Intelligence

Trade Area within ½ mile

101

Businesses Nearby

2k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

AutoZone Shops & Services

2,098 visits/mo 0.5 miles

Storage Express Shops & Services

238 visits/mo 0.5 miles

Demographics for 47882, IN

8,487

Population

4,017

Households

2.1

Avg Household Size

42

Median Age

18%

College-Educated

95%

High-School Grad

141.8 sq mi

ZIP Area

60

Density / Sq Mi

$53,522

Median Household Income

$34,916

Median Earnings

$846

Median Rent

$142,900

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

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What type of property is this? Where is this breakfast & diners 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?

Breakfast & diner - Operating restaurant with transition assistance available from current management.

Where is this breakfast & diner located?

The property is located at 1604 N Section Street Sullivan, IN.

What are key features of this property?

This property features: Established family restaurant in Sullivan, Indiana; Current management willing to assist during the ownership transition; Within walking distance of Sullivan schools, bowling alley, American Legion, and Little League diamonds