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    South Whitley, IN
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    Columbia City, IN Pierceton, IN Sidney, IN Larwill, IN North Manchester, IN Huntington, IN Warsaw, IN Roanoke, IN
    Remodeled Mixed-Use Restaurant Building
    Updated: Apr 11
    Remodeled Mixed-Use Restaurant Building

    123 S State St, South Whitley, IN 46787

    Contact for pricing
    First‑floor pizza and grill restaurant with approximately 44‑person dining capacity
    Finished 2‑bedroom apartment above the restaurant
    Recently remodeled historic building
    Restaurant business included with the building
    Additional area identified for conversion into a second apartment
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in South Whitley, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Popeyes Drive-Thru
    Freestanding Popeyes Drive-Thru

    3501 Lake City Hwy, Warsaw, IN 46580

    $2,601,626
    1,958 sqft 0.67 AC lot

    2022-built restaurant with drive-through on an absolute NNN lease beginning June 2026.

    View details
    Remodeled Drive-Through Restaurant
    Remodeled Drive-Through Restaurant

    606 N Jefferson St, Silver Lake, IN 46982

    $149,900
    924 sqft

    Established root beer stand with updated equipment, inventory, real estate, and business entity included in the sale.

    View details
    Dutch Bros Coffee Shop
    Dutch Bros Coffee Shop

    3352 Lake City Hwy, Warsaw, IN 46580

    $2,940,000
    986 sqft

    For sale coffee shop property presented by Marcus & Millichap in Warsaw, IN.

    View details
    Remodeled Drive-Through Restaurant
    Remodeled Drive-Through Restaurant

    606 N Jefferson St, Silver Lake, IN 46982

    $149,900
    0.42 AC lot

    Established food-service property offered with real estate, equipment, inventory, and the operating LLC.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Retail Anchors
    Commercial Land Near Retail Anchors

    Walmart Drive, Huntington, IN 46750

    $459,900
    2.23 AC lot

    Commercial parcel on Walmart Drive, surrounded by established retail, dining, and public-service destinations.

    View details
    Corner Commercial Land With Retail Building
    Corner Commercial Land With Retail Building

    504 & 518 S Main Street, North Webster, IN 46555

    $198,000
    1.79 AC lot

    Corner commercial land includes an existing small retail building and additional vacant ground for development.

    View details
    C-3 Commercial Corner Lot
    C-3 Commercial Corner Lot

    Sheldon Road, Warsaw, IN 46582

    $725,000
    1.50 AC lot

    Commercial land with C-3 zoning in Warsaw’s newer retail and commercial district.

    View details
    Cleared C3 Commercial Land
    Cleared C3 Commercial Land

    3916 Goshen Road, Fort Wayne, IN 46818

    $1,399,900
    3.00 AC lot

    Level, build-ready commercial site with nearby utilities and flexibility for retail, office, restaurant, and service uses.

    View details

    Off-Market Properties in South Whitley, IN

    Consider similar Off-Market properties in South Whitley, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    8400 State Rd 14
    RESTAURANT

    8400 State Rd 14, South Whitley, IN 46787-9691

    $250,000
    Estimated value
    3,000 sqft 1.88 AC lot
    View details
    706 State St
    RESTAURANT

    706 State St, South Whitley, IN 46787-1418

    $240,000
    Estimated value
    1,428 sqft 0.52 AC lot
    View details
    101 State St
    RESTAURANT

    101 State St, South Whitley, IN 46787-1385

    $140,000
    Estimated value
    450 sqft 0.11 AC lot
    View details

    South Whitley, IN Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in South Whitley, IN on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 4,144
    Population Growth (5Y) +11.0%
    Median Household Income $70,030
    College Educated 24.5%

    Taxes & Financing

    Tax Rate (average for all types) 2.53%
    Property Tax per SF $38.68 per SF
    Tax Rate vs County Average 0.66 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Whitley County

    New Delisted

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