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2904 45th St Highland, IN 46322

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For Sale
$699,000

Iconic Highland restaurant with loyal customer base since 1947.

Type:Retail
Added:
Apr 8, 2026
Days on Market:
1
Last Refresh:
Apr 1 at 11:39 am

Property Features for 2904 45th St

General Information

Standard status
Active
Property subtype
Retail

Building Details

Year Built
1947

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Listing Contact
Brett McDermott, CCIM
Brett McDermott, CCIM

Listing agent Brett McDermott, CCIM License #IN #RB14050416

Listing office Latitude Commercial

Listing date Apr 8, 2026

Source Latitudeco

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 Latitude Commercial


Overview

Established Restaurant Landmark For Sale

The Town Club Restaurant & Lounge, a dining landmark established in 1947, is available for purchase. Situated on the heavily traveled 45th Street corridor in Highland, Indiana, this restaurant has been a community staple for many years. The Town Club is known for its signature hand-cut steaks and popular martinis, offering a rich legacy and loyal customer base. The sale includes a 3-way Liquor license. Additional revenue potential exists by leasing the upstairs apartment. According to Placer AI, the restaurant is in the top 75 percentile for total restaurant visits in Indiana.
Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Highland
County
Vermillion
State
Indiana
Longitude
-87.4591
Latitude
41.5488

FAQs

What type of property is this?
Conventional restaurant - Iconic Highland restaurant with loyal customer base since 1947.
Where is this conventional restaurant located?
The property is located at 2904 45th St Highland, IN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Established restaurant landmark serving Highland, Indiana since 1947.; Located on heavily traveled 45th Street.; Strong, loyal customer base.
More about this property
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