Building Details

Year built 1924

Listing Agency: Lohmiller Real Estate a***@lohmillerrealestate.com Show Phone

Listed By: Brad Wells · License #RB14042956 Show Phone

Added: Aug 21 Changed: Aug 22 Last Checked: Aug 23 at 4:06PM

Report an Issue

MLS# 208168

Copyright © 2026 Southeastern Indiana Board 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 retail property at 2778 Main Street includes a package liquor store and a separate bait-and-supplies operation positioned behind it. The liquor business holds a 3-way permit covering cold beer, wine, and liquor sales. Additional store offerings include tobacco products, lottery products, snacks, soft drinks, and ATM access. The property also includes inventory and a walk-in cooler, along with four-space real estate.

B&B Bait and Supplies serves fishing-related demand from the Patriot community. The building dates to 1924 and is located in Patriot, Indiana, within Switzerland County. Both the retail operation and the fishing-supply component are part of the combined property offering.

Key Highlights

• 3‑way permit allows sales of cold beer, wine, and liquor
• Bait and fishing‑supply shop located behind the liquor store
• Inventory and walk‑in cooler included

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Wine and Liquor Store Grocery & Convenience Store Restaurant Food Market

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

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

23

Businesses Nearby

Explore this area Business Placement

Demographics for 47038, IN

1,168

Population

600

Households

1.9

Avg Household Size

43

Median Age

6%

College-Educated

67%

High-School Grad

27.2 sq mi

ZIP Area

43

Density / Sq Mi

$47,941

Median Household Income

$33,179

Median Earnings

$707

Median Rent

$122,100

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Retail space - Dual-use storefront combines package liquor sales with a fishing-supply shop.

Where is this retail space located?

The property is located at 2778 Main Street Patriot, IN.

What is the asking price?

The asking price for this property is $199,900.

What are key features of this property?

This property features: 3‑way permit allows sales of cold beer, wine, and liquor; Bait and fishing‑supply shop located behind the liquor store; Inventory and walk‑in cooler included