750 2nd St Jasper, IN

Listing office Matthews Real Estate Investment Services | Dallas k***@matthews.com Show Phone

Listing date Aug 12, 2025

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Investment Insights

Based on property information with market context.

This offering features a two-property grocery portfolio, including IGA grocery store properties located in Olney, Illinois, and Jasper, Indiana. This provides geographic diversification across established secondary markets. Founded in 1926, IGA is recognized as the world’s largest independent grocery chain, with over 763 locations across 38 U.S. States. Beyond the U.S., IGA operates more than 6,000 stores across 41 countries. Both properties are operated and guaranteed by Houchens Food Group. Houchens Food Group is a 100% employee-owned independent retailer and ranks among the largest in the U.S., with a portfolio of 400 stores across 15 states. Houchens operates a diverse array of retail and foodservice brands, including Save A Lot, IGA, Priceless IGA, Food Giant, Sonic, Slim Chickens, and Subway.

Key Highlights

• Strong franchisee guarantee by Houchens Food Group, a large, employee‑owned independent retailer.
• Two IGA grocery store properties offering geographic diversification.
• Established IGA brand presence, the world’s largest independent grocery chain.

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FAQs

What type of property is this?

Grocery and convenience store - Two IGA grocery stores in Illinois and Indiana for sale.

Where is this grocery and convenience store located?

The property is located at 750 2nd St Jasper, IN.

What is the asking price?

The asking price for this property is $5,007,803.

What are key features of this property?

This property features: Strong franchisee guarantee by Houchens Food Group, a large, employee‑owned independent retailer.; Two IGA grocery store properties offering geographic diversification.; Established IGA brand presence, the world’s largest independent grocery chain.