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Equipped Restaurant and Bar
For Sale
$155,000

304 N Jefferson St, Converse, IN 46919

Restaurant and bar with commercial kitchen equipment, multiple dining areas, event-oriented features, and an upper-level former apartment.

Property Size5,413 SF
Price / SF$28.63
Days on Market21

Property Features for 304 N Jefferson St

General Information

Standard status Active
Size 5,413 SF

Restaurant

Commercial Hood Yes
Equipment Included Yes

Building Details

Year Built 1947
Listing Agency: Howell Realty Group, LLC
Listed By: Lindsay Howell · License #RB14034870
Source: Eveloteam
Added: Aug 9 Changed: Aug 28 Last Checked: Aug 25 at 4:30AM

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 Howell Realty Group, LLC

Investment Insights

Based on property information with market context.

This 5,413-square-foot restaurant and bar at 304 N Jefferson St includes a commercial kitchen with an Ansel hood system, flat-top grill, fryers, ovens, walk-in coolers, refrigerators, and a custom tap and keg cooler. The interior provides two dining areas, including one with a stage and full bar, along with three restrooms and a building-wide sound system. Plumbing has been updated, and the entry includes a vestibule with acoustic paneling.

Built in 1947, the property is situated in downtown Converse near local shops, eateries, and other area destinations. The upper level was previously configured as a shotgun-style apartment, adding a distinct secondary component to the building.

Key Highlights

  • 5,413 SF restaurant and bar at 304 N Jefferson St
  • Commercial kitchen with Ansel hood system, flat‑top grill, fryers, ovens, and refrigeration
  • Two dining areas, including a stage and full bar

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Dental Office Garden Center Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46919, IN

2,202
Population
827
Households
2.7
Avg Household Size
44
Median Age
20%
College-Educated
91%
High-School Grad
42.7 sq mi
ZIP Area
52
Density / Sq Mi
$71,033
Median Household Income
$40,602
Median Earnings
$758
Median Rent
$145,100
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?
Conventional restaurant - Restaurant and bar with commercial kitchen equipment, multiple dining areas, event-oriented features, and an upper-level former apartment.
Where is this conventional restaurant located?
The property is located at 304 N Jefferson St Converse, IN.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 5,413 SF restaurant and bar at 304 N Jefferson St; Commercial kitchen with Ansel hood system, flat‑top grill, fryers, ovens, and refrigeration; Two dining areas, including a stage and full bar
More about this property
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