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Turnkey Neighborhood Grocery Store
For Sale
$1,495,000

824 North 3rd Street, Logansport, IN 46947

Fully furnished grocery store with existing fixtures and infrastructure in an established residential area.

Property Size17,060 SF
Days on Market96

Property Features for 824 North 3rd Street

General Information

Standard status Active
Size 17,060 SF
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Building Size 17,060 SF
Listing Agency: SVN | Northern Commercial
Listed By: Corey Frasier · License #IN #RB18001405
Source: Svn
Added: Jun 2 Changed: Aug 14 Last Checked: Sep 5 at 5:27AM

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 SVN | Northern Commercial

Investment Insights

Based on property information with market context.

This property at 824 North 3rd Street is a fully furnished neighborhood grocery store offering a turnkey setup for an owner-user or operating tenant. The space includes existing grocery store infrastructure and fixtures, supporting a ready-to-operate transition without the need to start from scratch. The configuration is specifically aligned to grocery, convenience, and specialty food retail use, and the seller notes immediate occupancy and operation.

Located within an established neighborhood in Logansport, the store benefits from consistent local traffic driven by surrounding residential density. The property is positioned for easy accessibility to nearby residents, making it a practical option for a neighborhood-oriented market concept rather than a destination retail strategy.

For grocery operators, this is a strong fit for a small market, convenience, or specialty food use looking to deploy an existing retail setup. Retail investors and owner-users may also find appeal in acquiring a location that is already equipped for the grocery format, with furnishings, fixtures, and grocery infrastructure intended to support quick ramp-up. The opportunity is available for sale or lease, providing flexibility for qualified operators and aligned retail users.

Key Highlights

  • Fully furnished neighborhood grocery store available for sale or lease
  • Includes existing grocery store fixtures and infrastructure
  • Ready for immediate occupancy and operation

Property Analytics

Current Use

ATM Atm Gothra's Neighborhood Market Specialty Food Shop

Suggested Use

Top Pick Dental Office Real Estate Agency Skin Care Clinic Building Supply Storage Facility Accounting Firm

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

798
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46947, IN

28,295
Population
12,113
Households
2.3
Avg Household Size
40
Median Age
16%
College-Educated
84%
High-School Grad
190.3 sq mi
ZIP Area
149
Density / Sq Mi
$55,088
Median Household Income
$35,848
Median Earnings
$791
Median Rent
$110,300
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
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Similar Off Market Nearby

  • Gothra's Neighborhood Market 824 n 3rd st, logansport, indiana 46947
  • Tropicoco Grocery Store 424 High St Rd, Logansport, IN 46947

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Fully furnished grocery store with existing fixtures and infrastructure in an established residential area.
Where is this grocery and convenience store located?
The property is located at 824 North 3rd Street Logansport, IN.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Fully furnished neighborhood grocery store available for sale or lease; Includes existing grocery store fixtures and infrastructure; Ready for immediate occupancy and operation
More about this property
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