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Restaurant Property With Garage
New
For Sale
$196,000

7758 N State Road 23, Walkerton, IN 46574

Existing restaurant and bar space includes furnishings and an accompanying garage.

Property SizeContact for details
Days on Market4

Property Features for 7758 N State Road 23

General Information

Standard status Active

Additional Details

Furnished Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $1,585

Building Details

Buildings 2
Listing Agency: Main Street Real Estate Co. LLC
Listed By: Lisa Patton
Source: Exprealty
Added: Sep 20 Changed: Sep 22 Last Checked: Sep 22 at 1:41PM

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 Main Street Real Estate Co. LLC

Investment Insights

Based on property information with market context.

The property includes a restaurant and bar building along with a garage. Most interior furnishings remain in place, adding to the existing food-and-beverage setup.

Located on State Road 23 near Koontz Lake in Walkerton, Indiana, the offering combines the operating space and accessory improvement in one commercial property.

Key Highlights

  • Restaurant and bar building included
  • Garage conveyed with the property
  • Most interior furnishings remain

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Storage Facility Restaurant Real Estate Agency Grocery & Convenience Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby
6k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
3,375 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
3,004 visits/mo 0.0 miles

Demographics for 46574, IN

8,377
Population
3,952
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
92%
High-School Grad
97.5 sq mi
ZIP Area
86
Density / Sq Mi
$73,950
Median Household Income
$40,731
Median Earnings
$839
Median Rent
$167,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant and bar space includes furnishings and an accompanying garage.
Where is this conventional restaurant located?
The property is located at 7758 N State Road 23 Walkerton, IN.
What is the asking price?
The asking price for this property is $196,000.
What are key features of this property?
This property features: Restaurant and bar building included; Garage conveyed with the property; Most interior furnishings remain
More about this property
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