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Operating Restaurant With Equipment
For Sale
$199,000

215 E State St, Morocco, IN 47963

Established restaurant operation with furnishings, fixtures, equipment, and supporting infrastructure included in the sale.

Property Size1,207 SF
Price / SF$164.87
Days on Market49

Property Features for 215 E State St

General Information

Standard status Active
Size 1,207 SF

Additional Details

Furnished Yes
Business Included Yes
Equipment Included Yes

Building Details

Year Built 1900
Listing Agency: RE/MAX Executives
Listed By: Amy Wang
Source: Realtopiare
Added: Sep 1 Changed: Oct 14 Last Checked: Oct 7 at 1:57PM

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 Executives

Rey
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Investment Insights

Based on property information with market context.

This conventional restaurant is an operating business at 215 E State St in Morocco, Indiana. The sale includes the restaurant’s equipment, fixtures, furnishings, and established infrastructure, allowing the existing operation to continue from its current location. The property was built in 1900 and has a reported property size of 1,207.

The restaurant remains open during the marketing and sale process, with showings arranged through an agent to limit disruption to employees and management. The offering is suited to an owner-operator or investor seeking an existing restaurant operation rather than an unbuilt or vacant concept.

Key Highlights

  • Operating restaurant at 215 E State St, Morocco, IN 47963
  • Equipment, fixtures, furnishings, and infrastructure included
  • Restaurant remains open during the marketing and sale process

Property Analytics

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Current Use

ATM Atm Mel's Downtown Restaurant

Suggested Use

Top Pick Parking Lot & Garage Building Supply Grocery & Convenience Store Auto Repair Shop Hair Salon Nail Salon

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

121
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47963, IN

1,937
Population
890
Households
2.2
Avg Household Size
46
Median Age
12%
College-Educated
94%
High-School Grad
104.5 sq mi
ZIP Area
19
Density / Sq Mi
$74,318
Median Household Income
$41,923
Median Earnings
$843
Median Rent
$158,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant operation with furnishings, fixtures, equipment, and supporting infrastructure included in the sale.
Where is this conventional restaurant located?
The property is located at 215 E State St Morocco, IN.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Operating restaurant at 215 E State St, Morocco, IN 47963; Equipment, fixtures, furnishings, and infrastructure included; Restaurant remains open during the marketing and sale process
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