Building Details

Year built 1900

Flooring type Carpet

Roof type Rubber

Listing Agency: RE/MAX Real Estate Solutions · RE/MAX International d***@remax.net Show Phone

Listed By: Jonathan Greene · License #RB23001179 Show Phone

Added: Jul 23 Changed: Aug 26 Last Checked: Sep 8 at 1:06AM

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MLS# 202629732

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Middletown bar and pub property includes a 2,356-square-foot full-service bar and kitchen at 517 Locust Street. The operation features a dining and entertainment layout with pool leagues scheduled three nights each week, along with a Restaurant 210 4-way liquor license covering liquor, beer, wine, and carryout. The sale also includes the existing business and its equipment, fixtures, and improvements.

Recent property work includes new A/C in 2026, a replacement cooling unit for the walk-in cooler in 2025, new plumbing throughout the main floor, updated electrical, new floor joists, decking surface and flooring, and remodeled bathrooms. An additional 2,300-square-foot second floor is part of the property, providing added space within the building. Off-street parking, central air, rubber roofing, carpet flooring, and a basement are also included among the property features.

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 2nd floor

Property Analytics

Property Profile

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

Turnkey business

Opportunity

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

101

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this bars & pubs located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Three Dog Saloon Bar & Grill

517 Locust St, Middletown, IN 47356

$285,000

4,712 SF

View details

Three Dog Saloon Bar & Grill

517 Locust Street, Middletown, IN 47356

$285,000

0.06 Acres

View details

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 - Operating establishment includes a Restaurant 210 4-way liquor license with liquor, beer, wine, and carryout privileges.

Where is this bar & pub located?

The property is located at 517 Locust Street 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 2nd floor