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Restaurant and Tap Room Opportunity
For Sale
$425,000

18 N Fourth Street, Gosport, IN 47433

COMMERCIAL - Gosport, IN

Property SizeContact for details
Lot Size0.23 Acres
Days on Market164

Property Features for 18 N Fourth Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features City
Directions Downtown Gosport
Subdivision Owen County
Standard status Active
APN 60-08-32-200-330.800-030
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description GOSPORT W PT LOT 6 BLK 11 GOSPORT W PT LOT 5 BLK 11 GOSPORT 11 FT OF STORE LOT 5 BLK 11
Tax Annual Amount 1838
Legal Description GOSPORT W PT LOT 6 BLK 11 GOSPORT W PT LOT 5 BLK 11 GOSPORT 11 FT OF STORE LOT 5 BLK 11

Utilities

Cooling system Central Air

Amenities

storage units

Building Details

Year built 1940
Flooring type Mixed
Roof type Metal
Listing Agency: Century 21 Scheetz - Bloomington · Century 21 Real Estate
Listed By: Chris Clark · License #RB14050458
Added: Mar 9 Changed: Aug 4 Last Checked: Aug 19 at 12:06PM
MLS# 202607527

Copyright © 2026 Indiana Uplands Realtor® Association. 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 for-sale restaurant and tap room property is currently operating as a functioning pizza restaurant and tap room. The sale includes most equipment, with the exception of a few leased machines, and features walk-in refrigeration, standalone refrigeration, a pizza oven, and deep freeze units. The commercial kitchen includes multiple hoods with Ansul fire suppression, stainless work stations, and a dishwashing system, along with TV seating amenities including tables, chairs, and booths. A salad bar setup and employee lockers are also included. The bar area features a self-serve tap wall with eight touch screen dual tap units serving up to sixteen beers.

An overhead door is provided for deliveries, and street parking is available. The property also includes nine storage units that can be rented out, adding an additional revenue-oriented component to the overall offering. Many uses are possible, subject to applicable requirements.

Key Highlights

  • Currently operating pizza restaurant and tap room in downtown Gosport, IN
  • Includes walk‑in refrigeration and stand‑alone refrigeration, plus a pizza oven and deep freeze units
  • Kitchen and fire‑suppression features include multiple hoods with Ansul fire suppression

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee 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.

Lease Details

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

92
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
7,737 visits/mo 0.5 miles

Demographics for 47433, IN

3,974
Population
1,623
Households
2.4
Avg Household Size
45
Median Age
17%
College-Educated
93%
High-School Grad
78.9 sq mi
ZIP Area
50
Density / Sq Mi
$57,224
Median Household Income
$40,093
Median Earnings
$841
Median Rent
$158,300
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Downtown restaurant and tap room sale includes major kitchen and tap equipment, plus walk-in refrigeration and storage units.
Where is this conventional restaurant located?
The property is located at 18 N Fourth Street Gosport, IN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Currently operating pizza restaurant and tap room in downtown Gosport, IN; Includes walk‑in refrigeration and stand‑alone refrigeration, plus a pizza oven and deep freeze units; Kitchen and fire‑suppression features include multiple hoods with Ansul fire suppression
More about this property
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