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Restaurant Building with Equipment
For Sale
$179,900

2120 E Main St, Petersburg, IN 47567

The sale includes restaurant equipment and a full basement for storage.

Property Size1,300 SF
Price / SF$138.38
Days on Market9

Property Features for 2120 E Main St

General Information

Standard status Active
Size 1,300 SF

Property Condition

Severity Repairs Needed
Evidence with a little work

Additional Details

Equipment Included Yes

Amenities

full basement

Building Details

Year Built 1956
Listing Agency: BOYD REALTY & DEVELOPMENT LLC
Listed By: Adam Boyd · License #RB20001434
Source: Callcriswell
Added: Sep 28 Last Checked: Oct 5 at 7:44PM

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 BOYD REALTY & DEVELOPMENT LLC

Investment Insights

Based on property information with market context.

Configured as a restaurant, the 1,300-square-foot property includes equipment and a full basement. Wood flooring adds character to the dining room, while the kitchen has a gas furnace and air-conditioning unit. The main dining area is served by a mini-split heat pump for heating and cooling. The roof was installed in 2021, the front windows were replaced in 2020, and the kitchen bar area received new flooring and subfloor in 2026.

The transaction covers the real estate and equipment only; the operating business, name, inventory, recipes, financial information, and goodwill are excluded.

Key Highlights

  • 1,300‑square‑foot restaurant property with equipment included
  • Full basement provides storage space
  • Roof installed in 2021; front windows replaced in 2020

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Hair Salon Dental Office Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47567, IN

5,804
Population
2,750
Households
2.1
Avg Household Size
43
Median Age
17%
College-Educated
89%
High-School Grad
115.5 sq mi
ZIP Area
50
Density / Sq Mi
$64,890
Median Household Income
$45,378
Median Earnings
$643
Median Rent
$130,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The sale includes restaurant equipment and a full basement for storage.
Where is this conventional restaurant located?
The property is located at 2120 E Main St Petersburg, IN.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: 1,300‑square‑foot restaurant property with equipment included; Full basement provides storage space; Roof installed in 2021; front windows replaced in 2020
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