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Grocery and Convenience Store with Bait Shop
For Sale
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2778 Main Street, Patriot, IN 47038

A commercial retail property pairs beverage sales with a fishing-supplies business.

Property Size1,220 SF
Price / SF$163.85
Days on Market17

Property Features for 2778 Main Street

General Information

Standard status Active
Size 1,220 SF
Property subtype Retail, Business for Sale
Zoning Commercial

Additional Details

Business Included Yes
Liquor License Yes

Building Details

Year Built 1924
Buildings 1
Listing Agency: Lohmiller Real Estate
Listed By: Brad Wells · License #RB14042956
Source: Crexi
Added: Aug 14 Changed: Aug 29 Last Checked: Aug 29 at 4:02PM

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 Lohmiller Real Estate

Investment Insights

Based on property information with market context.

Built in 1924, this 1,220-square-foot commercial property combines a package liquor store with B&B Bait and Supplies, located behind the main retail operation. The property includes a four-space real estate component and a historic walk-in cooler.

The store offers beer, wine, liquor, tobacco products, snacks, soft drinks, lottery sales, and ATM service. Its 3-way permit allows beer, wine, and liquor sales, while the adjoining bait business serves local fishing needs. The property is located at 2778 Main Street in Patriot, Indiana, and is zoned Commercial.

Key Highlights

  • 1,220‑square‑foot commercial retail property at 2778 Main Street, Patriot, IN 47038
  • Package liquor store paired with B&B Bait and Supplies
  • 3‑way permit allows sales of beer, wine, and liquor

Property Analytics

Current Use

Grocery and convenience stores

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
Well-served
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - A commercial retail property pairs beverage sales with a fishing-supplies business.
Where is this grocery and convenience store 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: 1,220‑square‑foot commercial retail property at 2778 Main Street, Patriot, IN 47038; Package liquor store paired with B&B Bait and Supplies; 3‑way permit allows sales of beer, wine, and liquor
(812) 584-6880 Call to check price and availability
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