Restaurant Property with
New
For Sale
$399,900
2203 Lafayette, Terre Haute, IN 47805
COMMERCIAL/INDUSTRIAL, Terre Haute, IN
Property Size4,000 SF
Lot Size1.31 Acres
Price / SF$99.98
Days on Market1
Property Features for 2203 Lafayette
General Information
Property type
Residential
Property subtype
Retail
Zoning
Commercial
Interior features
Fixtures, Furniture, Restroom(s), Inventory, Inside Storage, Handicap Access
Accessibility
Accessible Approach with Ramp
Subdivision
Vigo County
Standard status
Active
APN
84-06-02-376-001.000-002
Lot size
1.31 Acres
Utilities
Cooling system
Central Air
Amenities
central air
city water & sewer
interior storage
handicap accessibility
dedicated restroom facilities
Building Details
Additional Structures
Storage
Listing Agency:
GIBSON REAL ESTATE, INC.
(812) 237-9190
Listed By:
Carrie Smith · License #RB14039377
(812) 243-2029
Added: Oct 7
Last Checked: Oct 7 at 12:06PM
MLS# 110681
Copyright © 2026 Terre Haute Area 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.
The restaurant property includes an approximately 4,000-square-foot building on a 1.31-acre commercial parcel. Built in 2000, the building has central air, interior storage, restroom facilities, and an accessible approach with a ramp. Fixtures, furniture, inventory, and business equipment are included. The property has served as the location of Ritter's Frozen Custard, and the existing improvements are suited to restaurant or retail use.
Located at 2203 Lafayette in Terre Haute, the site has paved and concrete areas for on-site parking, with ingress and egress designed to accommodate customer traffic. City water and sewer serve the property, which is zoned Commercial.
Located at 2203 Lafayette in Terre Haute, the site has paved and concrete areas for on-site parking, with ingress and egress designed to accommodate customer traffic. City water and sewer serve the property, which is zoned Commercial.
Key Highlights
- Approximately 4,000‑square‑foot restaurant building on 1.31 acres
- Built in 2000; includes business equipment, fixtures, furniture, and inventory
- Central air, interior storage, restroom facilities, and an accessible ramp
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
266k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 21%
Groceries 17%
Superstores 7%
Kroger
Groceries
39,553 visits/mo
0.1 miles
McDonald's
Dining
23,446 visits/mo
0.1 miles
Big Lots
Superstores
18,094 visits/mo
0.4 miles
Taco Bell
Dining
14,400 visits/mo
0.1 miles
Applebee's
Dining
13,897 visits/mo
0.3 miles
Demographics for 47805, IN
12,875
Population
5,749
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
95%
High-School Grad
52.2 sq mi
ZIP Area
247
Density / Sq Mi
$69,716
Median Household Income
$45,178
Median Earnings
$795
Median Rent
$151,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Commercial zoning, on-site parking, and included restaurant furnishings support continued food-service use or a new concept.
Where is this conventional restaurant located?
The property is located at 2203 Lafayette Terre Haute, IN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Approximately 4,000‑square‑foot restaurant building on 1.31 acres; Built in 2000; includes business equipment, fixtures, furniture, and inventory; Central air, interior storage, restroom facilities, and an accessible ramp
