Listing Agency: Tarter Realty Auction and Appraisal Company

Listed By: Paul Faddis · License #RB15000347 Show Phone

Source: Midwestrealestategroup

Added: Sep 10 Last Checked: Sep 11 at 1:04PM

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Investment Insights

Based on property information with market context.

This conventional restaurant property includes a dine-in area, service bar, and commercial kitchen configured for food-service operations. Existing equipment includes prep and cold-prep tables, a proofer, grill and fryer station, refrigerators, freezers, three-basin and two-basin sinks, and a dedicated employee handwashing station. Restrooms and several storage areas are also part of the facility.

The property is located at 9757 S US HWY 35 in Losantville, Indiana, along US-35 and near US-36. The corridor carries semi-truck and commuter traffic associated with travel between Richmond, Muncie, and the New Castle area. Its existing restaurant infrastructure supports continued food-service use without requiring a fully new kitchen buildout.

Key Highlights

• Restaurant building with dine‑in area and service bar
• Commercial kitchen includes grill, fryer, proofer, refrigeration, and prep stations
• Three‑basin sink, two‑basin sink, and dedicated employee handwashing station

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Grocery & Convenience Store Bakery Wine and Liquor Store (Bike/Boat/Book/etc) Store Restaurant Bed & Breakfast

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

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

32

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 47354, IN

1,072

Population

521

Households

2.1

Avg Household Size

44

Median Age

10%

College-Educated

91%

High-School Grad

29.0 sq mi

ZIP Area

37

Density / Sq Mi

$63,204

Median Household Income

$40,975

Median Earnings

$872

Median Rent

$115,600

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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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant property with dining, bar, commercial kitchen, storage, and food-service equipment in place.

Where is this conventional restaurant located?

The property is located at 9757 S US HWY 35 Losantville, IN.

What are key features of this property?

This property features: Restaurant building with dine‑in area and service bar; Commercial kitchen includes grill, fryer, proofer, refrigeration, and prep stations; Three‑basin sink, two‑basin sink, and dedicated employee handwashing station