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Restaurant Building with Walk-In Cooler
For Sale
$299,000

507 E 7th Street, Sheridan, IN 46069

A corner-site commercial property includes restaurant infrastructure and C1 zoning.

Property Size1,789 SF
Price / SF$167.13
Days on Market18

Property Features for 507 E 7th Street

General Information

Standard status Active
Size 1,789 SF
Property subtype Commercial
Zoning C1

Additional Details

Corner Location Yes

Amenities

walk-in cooler

Building Details

Building Size 1,789 SF
Year Built 1955
Stories 1
Listing Agency: F.C. Tucker Company
Listed By: Annie Scott · License #RB15000739
Source: Battsrealestategroup
Added: Oct 7 Changed: Oct 22 Last Checked: Oct 24 at 4:20AM

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 F.C. Tucker Company

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Investment Insights

Based on property information with market context.

This 1,789-square-foot restaurant property occupies a corner lot in Sheridan. Built in 1955, the building was previously used as a restaurant and includes a walk-in cooler. Its zoning is C1. The existing restaurant features and corner location are the principal physical details of the property.

Key Highlights

  • 1,789‑square‑foot commercial property on a corner lot
  • Includes a walk‑in cooler
  • C1 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Shop Discount Store

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply HVAC Service Hair Salon Nail Salon

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

201
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46069, IN

7,012
Population
3,054
Households
2.3
Avg Household Size
42
Median Age
26%
College-Educated
93%
High-School Grad
88.4 sq mi
ZIP Area
79
Density / Sq Mi
$70,784
Median Household Income
$46,042
Median Earnings
$861
Median Rent
$243,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A corner-site commercial property includes restaurant infrastructure and C1 zoning.
Where is this conventional restaurant located?
The property is located at 507 E 7th Street Sheridan, IN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,789‑square‑foot commercial property on a corner lot; Includes a walk‑in cooler; C1 zoning
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