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Conventional Restaurant on Corner Lot
For Sale
$499,000

200 S Chestnut Street, Seymour, IN 47274

COMMERCIAL - Seymour, IN

Lot Size0.07 Acres
Days on Market76

Property Features for 200 S Chestnut Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking features On Street
Elementary school Seymour-Jackson Elementary School
Middle school Seymour Middle School
High school Seymour Senior High School
Elementary school district Seymour Community Schools
Middle school district Seymour Community Schools
High school district Seymour Community Schools
Directions GPS Friendly
Subdivision 3607 - Jackson - Jackson
Standard status Active
APN 366617318016000009
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SHIELDS ADD 21 1/2 ' N SIDE LOT 101-W
Legal Description SHIELDS ADD 21 1/2 ' N SIDE LOT 101-W

Utilities

Utilities Cable Available
Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1900
Floors in Building 2
Roof type Flat, Built-Up
Listing Agency: RE/MAX Professionals · RE/MAX International
Listed By: Steve Silver · License #RB14010813
Added: May 20 Changed: Aug 2 Last Checked: Aug 3 at 5:06AM
MLS# 22103769

Copyright © 2026 MIBOR Service Corporation. 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.

Larrison’s Diner is a family-owned conventional restaurant operating from a well-maintained two-story brick building, featuring approximately 4,400 SF of space. The diner is the main tenant, and there is additional commercial lease space currently available for lease. The property also includes a second-floor apartment.

The building is located on a corner lot at S Chestnut St & US Hwy 50 in Seymour, Indiana, with commercial zoning. On-site parking is provided via on-street parking. Building systems include natural gas forced-air heating and central air cooling. The roof is flat and built-up, and cable is available.

An adjacent building that complements the restaurant is also available for lease or purchase, offering two additional residential apartments.

Key Highlights

  • Approximately 4,400 SF two‑story brick restaurant building
  • Corner lot at S Chestnut St & US Hwy 50 in Seymour, IN
  • Main tenant: Larrison's Diner plus additional commercial lease space 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

Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,055
Businesses Nearby
64k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Dining 20% Home Improvements & Furnishings 5%
Seymour #2 Shops & Services
11,798 visits/mo 0.4 miles
SONIC Drive In Dining
11,447 visits/mo 0.5 miles
Circle K Shops & Services
8,119 visits/mo 0.4 miles
Shell Shops & Services
6,953 visits/mo 0.5 miles
Circle K Shops & Services
5,829 visits/mo 0.4 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 - Two-story brick diner property includes additional commercial lease space and a second-floor apartment on a corner lot.
Where is this conventional restaurant located?
The property is located at 200 S Chestnut Street 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: Approximately 4,400 SF two‑story brick restaurant building; Corner lot at S Chestnut St & US Hwy 50 in Seymour, IN; Main tenant: Larrison's Diner plus additional commercial lease space available
More about this property
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