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Equipped Restaurant Property
For Sale
$199,900

87 6th Street, Logansport, IN 46947

Commercial zoning and retained restaurant equipment support continued restaurant use.

Property SizeContact for details
Days on Market8

Property Features for 87 6th Street

General Information

Standard status Active
Property subtype Commercial
Zoning Commercial

Additional Details

Furnished Yes
Equipment Included Yes

Building Details

Year Built 1930
Listing Agency: Bif Ward Real Estate Group
Listed By: Bif Ward
Source: Bifward
Added: Oct 7 Changed: Oct 11 Last Checked: Oct 12 at 4:54PM

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 Bif Ward Real Estate Group

Investment Insights

Based on property information with market context.

This 1930-built restaurant property in Logansport retains its restaurant setup and the majority of its equipment. The site previously operated as Shively’s Barbecue and, before that, The Whitehouse. Restaurant operations at the property continued for approximately six years under the more recent use.

Located at 87 6th Street, the property is zoned Commercial. The existing restaurant improvements and equipment provide a basis for a future operator to establish a restaurant concept at the site.

Key Highlights

  • Restaurant setup and the majority of equipment remain in place
  • Built in 1930
  • Commercial zoning

Property Analytics

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Current Use

Shivelys BBQ Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Accounting Firm Skin Care Clinic (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

842
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
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial zoning and retained restaurant equipment support continued restaurant use.
Where is this conventional restaurant located?
The property is located at 87 6th Street Logansport, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Restaurant setup and the majority of equipment remain in place; Built in 1930; Commercial zoning
More about this property
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