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Three Dog Saloon Bar & Grill
For Sale
$285,000

517 Locust St, Middletown, IN 47356

Full-service bar and kitchen with an included Restaurant 210 4-way liquor license.

Property Size4,712 SF
Price / SF$60.48
Days on Market79

Property Features for 517 Locust St

General Information

Standard status Active
Size 4,712 SF
Property subtype Commercial

Additional Details

Business Included Yes
Liquor License Yes

Building Details

Year Built 1900
Buildings 1
Stories 2
Tenancy Single
Listing Agency: RE/MAX Real Estate Solutions
Listed By: Jonathan Greene () · License #RB23001179
Source: Fortwayneareahomesforsale
Added: Jun 15 Changed: Aug 31 Last Checked: Aug 31 at 5:40PM

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 RE/MAX Real Estate Solutions

Investment Insights

Based on property information with market context.

Three Dog Saloon operates at 517 Locust Street as a full-service bar and kitchen with 2,356 square feet on the main floor. The property includes a Restaurant 210 4-way liquor license covering liquor, beer, wine, and carryout. The layout supports dining, entertainment, and pool leagues three nights each week.

Recent property improvements include a new A/C installed in 2026, a new walk-in cooler cooling unit added in 2025, new plumbing throughout the main floor, updated electrical, new floor joists, a decking surface, new flooring, and remodeled bathrooms. An additional 2,300-square-foot second floor is included for future development. The building dates to 1900 and is located at 517 Locust St in Middletown, Indiana.

Key Highlights

  • 2,356 square foot full‑service bar and kitchen
  • Restaurant 210 4‑way liquor license includes liquor, beer, wine, and carryout
  • Additional 2,300 square foot second floor

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Dental Office Hair Salon Spa & Massage Center Nail Salon (Bike/Boat/Book/etc) Store Law Firm

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

Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47356, IN

5,831
Population
2,369
Households
2.5
Avg Household Size
43
Median Age
17%
College-Educated
94%
High-School Grad
54.6 sq mi
ZIP Area
107
Density / Sq Mi
$68,654
Median Household Income
$46,308
Median Earnings
$823
Median Rent
$172,200
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

  • Corner tavern 694 Locust St, Middletown, IN 47356
  • Score Card Lounge 610 Locust St, Middletown, IN 47356

Frequently Asked Questions

What type of property is this?
Bar & Pub - Full-service bar and kitchen with an included Restaurant 210 4-way liquor license.
Where is this bar & pub located?
The property is located at 517 Locust St Middletown, IN.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 2,356 square foot full‑service bar and kitchen; Restaurant 210 4‑way liquor license includes liquor, beer, wine, and carryout; Additional 2,300 square foot second floor
More about this property
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