Listing Agency: Bear Real Estate Sales LLC

Listed By: Penny Scroggins · License #IN RB17000300 Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 27 Last Checked: Sep 3 at 3:41AM

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Investment Insights

Based on property information with market context.

Brownies Restaurant is for sale and includes the building, all equipment, and a 2-bedroom rental house (about 900 square feet). The walk-in cooler/freezer has new components, and the dining room flooring has been replaced. The sale also includes a liquor license.

The property is located on State Road 135 in Bean Blossom near Bill Monroe’s Music Park & Campground. The business is described as a long-standing favorite in Brown County.

This offering is presented for a qualified buyer, with partial owner financing mentioned in the remarks.

Key Highlights

• Brownies Restaurant for sale at 135 N in Bean Blossom near Bill Monroe's Music Park & Campground
• Restaurant sale includes all building equipment
• Includes a 2‑bedroom 900 SF rental house

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Electrical Service (Bike/Boat/Book/etc) Store Real Estate Agency Veterinary Clinic 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.

Lease Details

Turnkey business

Opportunity

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 46160, IN

6,409

Population

2,804

Households

2.3

Avg Household Size

45

Median Age

17%

College-Educated

91%

High-School Grad

87.2 sq mi

ZIP Area

73

Density / Sq Mi

$72,003

Median Household Income

$44,396

Median Earnings

$886

Median Rent

$237,600

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

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant for sale with included equipment, walk-in cooler/freezer updates, replaced dining room flooring, and a liquor license.

Where is this conventional restaurant located?

The property is located at 5771 N State Rd 135 Morgantown, IN.

What are key features of this property?

This property features: Brownies Restaurant for sale at 135 N in Bean Blossom near Bill Monroe's Music Park & Campground; Restaurant sale includes all building equipment; Includes a 2‑bedroom 900 SF rental house