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 3:06PM

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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

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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