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Operational Restaurant with Equipment
New
For Sale
$199,000

215 E State Street, Morocco, IN 47963

Commercial Sale, Morocco, IN

Property Size1,207 SF
Lot Size0.08 Acres
Price / SF$164.87
Days on Market1

Property Features for 215 E State Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking 20
Parking features Alley, Off Street, On Street
Exterior features Storage
Appliances Freezer, Refrigerator, Gas Water Heater, Gas Range, Gas Cooktop
Subdivision Ashs Add
Directions US 41 to Michigan Ave, turn right (west) to Polk St, turn right (north) to State Street, turn left (west) go 2 blocks subject property is on your left (south)
Standard status Active
APN 561021441069000002
Size 1,207 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description E1/2 LOT 5 BLK 7 EXCEPT 1' X 40' OFF E SIDE ASH'S ADD MOROCCO
Tax Annual Amount 523
Legal Description E1/2 LOT 5 BLK 7 EXCEPT 1' X 40' OFF E SIDE ASH'S ADD MOROCCO

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1900
Additional Structures Storage
Listing Agency: RE/MAX Executives · RE/MAX International
Listed By: Amy Wang
Added: Aug 31 Last Checked: Aug 31 at 6:06PM
MLS# 844585

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. 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 1,207-square-foot restaurant property in Morocco, Indiana, is an operating business offered with its existing equipment, fixtures, furnishings, and infrastructure. The kitchen includes a freezer, refrigerator, gas water heater, gas range, and gas cooktop, while storage space is also provided.

Built in 1900, the property is located at 215 E State Street and has access from the alley, off-street parking, and on-street parking. Public water and public sewer serve the property, with cable available and natural-gas heating. The restaurant remains open during the marketing and sale process, with showings arranged through an agent.

Key Highlights

  • 1,207‑square‑foot operating restaurant in Morocco, Indiana
  • Equipment, fixtures, furnishings, and existing infrastructure included
  • Kitchen includes freezer, refrigerator, gas water heater, gas range, and gas cooktop

Property Analytics

Current Use

ATM Atm Mel's Downtown Restaurant

Suggested Use

Top Pick Building Supply Electrical Service 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

126
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
2,533 visits/mo 0.4 miles
Dollar Tree Shops & Services
2,358 visits/mo 0.3 miles

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

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 restaurant property with included fixtures, furnishings, kitchen equipment, and public utility connections.
Where is this conventional restaurant located?
The property is located at 215 E State Street 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: 1,207‑square‑foot operating restaurant in Morocco, Indiana; Equipment, fixtures, furnishings, and existing infrastructure included; Kitchen includes freezer, refrigerator, gas water heater, gas range, and gas cooktop
More about this property
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