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3,812 sqft

$500,000

205 N Armstrong Street, Crothersville IN, 47229

Price per sqft$131.16
Built in1947
Property size3,812 sqft
Property typeCommercial
Courtesy of Berkshire Hathaway Home, Savanna Thomas Listing Contact:

Overview

Active

Listed Aug 28, 2026

Updated Sep 3

TURNKEY BAR & RESTAURANT OPPORTUNITY WITH MULTIPLE BUSINESS POSSIBILITIES! Located in the heart of Crothersville with excellent visibility and frontage along Highway 31, this well-established commercial opportunity is ready for its next owner. Much of the establishment was renovated in 2017, creating a modern, functional space with an extensive list of improvements and equipment already in place. The property is being offered with an impressive collection of transferable business assets and licenses, including a liquor license, carry-out license, gaming license and catering license, providing a tremendous head start for an entrepreneur ready to operate or expand a food and beverage concept. The fully equipped commercial kitchen features 2018 or newer equipment, including fryers, refrigerators, freezers, and a pizza oven, making this an excellent opportunity for a restaurant operator, bar owner, caterer, food-service entrepreneur, or other hospitality-related business. The possibilities extend well beyond the current use. This property could be an ideal fit for an existing bar or restaurant owner looking to expand, franchise operator, caterer, food truck operator seeking a permanent location, brewery or taproom concept, event venue, or entrepreneur with a new business vision. The included licenses, equipment, established infrastructure, and commercial location can help reduce the time and expense typically associated with starting from the ground up. Adding even more potential are three additional parcels included with the sale, offering valuable space for future parking, outdoor amenities, expansion, additional business uses, or other opportunities based on the buyer's vision and applicable zoning/use requirements. Situated directly along Highway 31 with prominent road frontage, the property offers convenient access to I-65, Crothersville Community Schools, and the surrounding industrial and employment areas. Possibilities are endless!

Additional information

MLS® ID
22122744

Interior Features

Basement
No

Exterior Features

Lot Size
0.2 Acres

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:11 AM UTC on 9/3/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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