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Bar and Event Facility
New
For Sale
$249,900

25 N Commercial St, Worthington, IN 47471

An existing liquor license accompanies a commercial kitchen and bar, supporting food-and-beverage operations.

Property Size5,096 SF
Price / SF$49.04
Days on Market5

Property Features for 25 N Commercial St

General Information

Standard status Active
Size 5,096 SF

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Equipment Included Yes

Amenities

Shelter house

Building Details

Year Built 1994
Listing Agency: Risa Dyar Real Estate
Listed By: Risa Dyar · License #RB1402890
Source: Spencerchildersgroup
Added: Oct 20 Changed: Oct 23 Last Checked: Sep 28 at 8:27AM

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 Risa Dyar Real Estate

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Investment Insights

Based on property information with market context.

This 5096 sq.ft. building, constructed in 1994, contains a bar, commercial kitchen, four bathrooms, and equipment. The existing setup can support restaurant, bar, banquet, event, private-club, or community-gathering operations. A shelter house provides additional space for outdoor grilling and entertaining, and the building has a metal roof.

The property sits on almost an acre in Worthington, with two highway entrances on SR 67/US231 and another entrance on Union St. Parking is available on site.

Key Highlights

  • 5096 sq.ft. building with an existing bar, commercial kitchen, 4 bathrooms, and equipment
  • Existing liquor license
  • Two highway entries on SR 67/US231 and one on Union St

Property Analytics

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Current Use

Vfw Post 7117 Advocacy Group Ralph’s Performance Motorcycle Auto Repair Shop

Suggested Use

Top Pick Dental Office Law Firm Auto Parts Store Plumbing Service Auto Repair Shop (Bike/Boat/Book/etc) 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47471, IN

2,567
Population
1,242
Households
2.1
Avg Household Size
42
Median Age
13%
College-Educated
83%
High-School Grad
64.3 sq mi
ZIP Area
40
Density / Sq Mi
$62,569
Median Household Income
$32,372
Median Earnings
$708
Median Rent
$111,600
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

Similar Off Market Nearby

  • Jose’s Bar & Grill — 307 S Commercial St, Worthington, IN 47471

Frequently Asked Questions

What type of property is this?
Bar & Pub - An existing liquor license accompanies a commercial kitchen and bar, supporting food-and-beverage operations.
Where is this bar & pub located?
The property is located at 25 N Commercial St Worthington, IN.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 5096 sq.ft. building with an existing bar, commercial kitchen, 4 bathrooms, and equipment; Existing liquor license; Two highway entries on SR 67/US231 and one on Union St
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