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Two-Story Brick Restaurant Building
For Sale
$499,000

200 S Chestnut St, Seymour, IN 47274

Operating diner property with additional commercial space and a second-floor apartment at a US Highway 50 corner.

Property Size4,400 SF
Price / SF$113.41
Days on Market20

Property Features for 200 S Chestnut St

General Information

Standard status Active
Size 4,400 SF

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes

Building Details

Year Built 1900
Stories 2
Construction brick
Listing Agency: RE/MAX Professionals
Listed By: Steve Silver · License #RB14010813
Source: Eveloteam
Added: Aug 10 Changed: Aug 28 Last Checked: Aug 25 at 4:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Professionals

Investment Insights

Based on property information with market context.

This conventional restaurant property includes a well-maintained, two-story brick building with 4,400 square feet. The operating diner occupies the primary space, while additional commercial lease space is currently available. A second-floor apartment is also part of the property configuration.

The building occupies a corner at South Chestnut Street and US Highway 50 in Seymour, Indiana. The restaurant business may be acquired separately with a building lease, or through a lease with an option to purchase. An adjacent building with two additional residential apartments is also available for lease or purchase.

Key Highlights

  • 4,400‑square‑foot, two‑story brick building constructed in 1900
  • Operating diner occupies the main tenant space
  • Additional commercial lease space currently available

Property Analytics

Current Use

Larrison's Diner Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Parking Lot & Garage (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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,173
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 76% Dining 19% Home Improvements & Furnishings 5%
Seymour #2 Shops & Services
11,798 visits/mo 0.2 miles
SONIC Drive In Dining
11,447 visits/mo 0.3 miles
Circle K Shops & Services
8,119 visits/mo 0.3 miles
Shell Shops & Services
6,953 visits/mo 0.3 miles
Dollar General Shops & Services
5,827 visits/mo 0.3 miles

Demographics for 47274, IN

33,035
Population
13,590
Households
2.4
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
214.7 sq mi
ZIP Area
154
Density / Sq Mi
$72,186
Median Household Income
$44,320
Median Earnings
$956
Median Rent
$187,800
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 - Operating diner property with additional commercial space and a second-floor apartment at a US Highway 50 corner.
Where is this conventional restaurant located?
The property is located at 200 S Chestnut St Seymour, IN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 4,400‑square‑foot, two‑story brick building constructed in 1900; Operating diner occupies the main tenant space; Additional commercial lease space currently available
More about this property
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