Building Details

Year built 1984

Flooring type Tile

Roof type Metal

Listing Agency: Hahn Kiefer Real Estate Services j***@hahnkiefer.com Show Phone

Listed By: Aaron Wilson · License #RB14034509 Show Phone

Added: Feb 3 Changed: Aug 4 Last Checked: Aug 12 at 3:06PM

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MLS# 202603383

Copyright © 2026 Southwest Indiana Association of Realtors. 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 turn-key restaurant property is set up for immediate food and beverage use, with a fully operational kitchen and a spacious dining area designed to support a bar-and-grill or refreshed dining concept. The offering is intended to function as a ready-to-run operation, supported by on-site improvements that align with everyday restaurant service needs.

Located in Wadesville, IN on Main Street, the property is described as having a prime roadside position in the heart of Posey County. The remarks note convenient access for both local patrons and pass-through traffic traveling between Evansville and western Posey County communities, with ample on-site parking available for guests.

For an owner-operator, this format can reduce start-up friction by providing the core restaurant infrastructure already in place, including the kitchen and dining layout. It may also fit hospitality groups or investors looking to acquire a recognized local dining destination with the flexibility to continue restaurant service, bar & grill operations, or pursue a refreshed dining presentation, subject to applicable requirements.

Key Highlights

• Year built 1984 with metal roof and tile flooring
• Central air cooling
• Basement level included

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility Garden Center Pharmacy HVAC Service 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

Location Intelligence

Trade Area within ½ mile

48

Businesses Nearby

7k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Marathon Shops & Services

7,393 visits/mo 0.3 miles

Demographics for 47638, IN

3,620

Population

1,506

Households

2.4

Avg Household Size

41

Median Age

29%

College-Educated

93%

High-School Grad

47.7 sq mi

ZIP Area

76

Density / Sq Mi

$84,311

Median Household Income

$44,102

Median Earnings

$916

Median Rent

$263,300

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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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Turn-key restaurant offering a fully operational kitchen, spacious dining, and ample on-site parking in a high-traffic roadside setting.

Where is this conventional restaurant located?

The property is located at 7247 Main Street Wadesville, IN.

What is the asking price?

The asking price for this property is $649,900.

What are key features of this property?

This property features: Year built 1984 with metal roof and tile flooring; Central air cooling; Basement level included