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Bar Building with Retail Area
For Sale
Contact for pricing
Pending

303 Old Hwy 50 E, Wheatland, IN 47597

Former bar property with a separate rear retail area, unfinished upper-level space, and existing beverage-service equipment.

Property SizeContact for details
Days on Market143

Property Features for 303 Old Hwy 50 E

General Information

Standard status Pending
Property subtype Retail, Business for Sale
Listing Agency: Klein Real Estate
Listed By: Tyler Simmons · License #475.189520 Illinois
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 9:32PM

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 Klein Real Estate

Investment Insights

Based on property information with market context.

This commercial building is configured around a former bar operation and includes a rear retail area with its own separate entrance. The bar space contains a walk-in cooler and a three-door display refrigerator, while an active liquor license is included with the property.

The upper level adds 1,200 unfinished square feet and opens to a covered balcony. Site improvements include a gravel parking lot and partial privacy fencing. The pool table, video game machine, and ATM are rented separately and are not included.

Key Highlights

  • Active liquor license included with the property
  • Rear retail area has a separate entrance
  • 1,200 unfinished square feet upstairs with covered balcony

Property Analytics

Current Use

Satin Lady Bar & Pub

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Hotel & Motel Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47597, IN

961
Population
370
Households
2.6
Avg Household Size
42
Median Age
4%
College-Educated
92%
High-School Grad
49.0 sq mi
ZIP Area
20
Density / Sq Mi
$68,409
Median Household Income
$36,923
Median Earnings
$729
Median Rent
$140,000
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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Similar Off Market Nearby

  • Satin Lady 303 Old Hwy 50 W, Wheatland, IN 47597

Frequently Asked Questions

What type of property is this?
Bar & Pub - Former bar property with a separate rear retail area, unfinished upper-level space, and existing beverage-service equipment.
Where is this bar & pub located?
The property is located at 303 Old Hwy 50 E Wheatland, IN.
What are key features of this property?
This property features: Active liquor license included with the property; Rear retail area has a separate entrance; 1,200 unfinished square feet upstairs with covered balcony
(812) 890-1827 Call to check price and availability
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