Renovated Icehouse
For Sale
Contact for pricing
519 N Elm St, Muncie, IN 47305
Renovated historic restaurant with outdoor dining, pizza ovens, smoker, and included FF&E.
Property Size10,555 SF
Days on Market174
Property Features for 519 N Elm St
General Information
Standard status
Active
Size
10,555 SF
Property subtype
RETAIL
Restaurant
Seating Capacity
290
Grease Trap
Yes
Patio
Yes
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Listing Agency:
CBRE | Indianapolis
(317) 269-1000
Listed By:
Scott Wise · License #RB20000189
(317) 269-1000
Source:
Moodyscre
Added: Mar 10
Changed: Aug 29
Last Checked: Aug 29 at 1:36PM
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 CBRE | Indianapolis
Investment Insights
Based on property information with market context.
This 10,555-square-foot restaurant occupies a renovated 1890s icehouse in Muncie, Indiana. The property combines an established historic building with restaurant operations, outdoor seating, and event-oriented space. Included equipment comprises two pizza ovens, a smoker, and all FF&E. A riverfront liquor license and DORA permission are also part of the offering.
The restaurant accommodates 290 seats and includes a large outdoor patio. Operational infrastructure includes a 1,200 gallon grease trap, supporting the food-service configuration. The combination of seating capacity, outdoor space, installed equipment, and licensing components creates a fully configured restaurant property with a distinctive historic setting.
The restaurant accommodates 290 seats and includes a large outdoor patio. Operational infrastructure includes a 1,200 gallon grease trap, supporting the food-service configuration. The combination of seating capacity, outdoor space, installed equipment, and licensing components creates a fully configured restaurant property with a distinctive historic setting.
Key Highlights
- 10,555‑square‑foot restaurant in a renovated 1890s icehouse
- 290 seats plus a large outdoor patio
- Two pizza ovens and a smoker included
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Grease trap
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,085
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Marathon Petroleum
Shops & Services
5,212 visits/mo
0.2 miles
STAR Financial Bank
Shops & Services
3,063 visits/mo
0.2 miles
Merchants Bank
Shops & Services
2,949 visits/mo
0.4 miles
Demographics for 47305, IN
3,629
Population
2,512
Households
1.4
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
1.3 sq mi
ZIP Area
2,792
Density / Sq Mi
$33,125
Median Household Income
$30,648
Median Earnings
$744
Median Rent
$77,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Renovated historic restaurant with outdoor dining, pizza ovens, smoker, and included FF&E.
Where is this conventional restaurant located?
The property is located at 519 N Elm St Muncie, IN.
What are key features of this property?
This property features: 10,555‑square‑foot restaurant in a renovated 1890s icehouse; 290 seats plus a large outdoor patio; Two pizza ovens and a smoker included
