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

517 Locust Street, Middletown, IN 47356

Commercial Sale, Middletown, IN

Property Size2,356 SF
Lot Size0.06 Acres
Price / SF$120.97
Days on Market47

Property Features for 517 Locust Street

General Information

Property type Residential
Property subtype Retail
Zoning General Business
Elementary school Shenandoah Elementary School
Middle school Shenandoah Middle School
High school Shenandoah High School
Elementary school district Shenandoah School Corporation
Middle school district Shenandoah School Corporation
High school district Shenandoah School Corporation
Directions GPS Friendly
Subdivision 3301 - Henry - Fall Creek
Standard status Active
APN 330232310220000006
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Orig Plat Lot 1 Blk 3 39'
Legal Description Orig Plat Lot 1 Blk 3 39'

Building Details

Year built 1900
Roof type Rubber
Listing Agency: RE/MAX Real Estate Solutions · RE/MAX International
Listed By: Jonathan Greene · License #RB23001179
Added: Jul 23 Changed: Aug 28 Last Checked: Sep 7 at 8:06PM
MLS# 22115655

Copyright © 2026 Broker Listing Cooperative®. 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.

Three Dog Saloon is a bar and grill operating from a 2,356-square-foot commercial building at 517 Locust Street. The property includes a full-service kitchen, remodeled bathrooms, updated electrical work, new plumbing throughout the main floor, new floor joists, decking, and flooring. A new A/C system was added in 2026, along with a replacement cooling unit for the walk-in cooler in 2025. The building dates to 1900 and has a rubber roof.

The property is situated in Middletown, Indiana, within the historic heart of the community. General Business zoning supports its commercial setting. A Restaurant 210 four-way liquor license covering liquor, beer, wine, and carryout is included with the sale.

An additional 2,300-square-foot second floor provides substantial existing area beyond the primary bar and kitchen operation. The layout also accommodates dining, entertainment, and pool leagues, with the business operating from a 0.06-acre site.

Key Highlights

  • 2,356‑square‑foot bar and grill with full‑service kitchen
  • Restaurant 210 four‑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

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
Questions? Ask 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 - Established food-and-beverage property with a full-service kitchen, liquor license, and additional second-floor area.
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 bar and grill with full‑service kitchen; Restaurant 210 four‑way liquor license includes liquor, beer, wine, and carryout; Additional 2,300‑square‑foot second floor
More about this property
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