Listing courtesy of Modern Real Estate · Listing agent: Rachel Henry · Cell: 574-732-4889

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315 S Chicago Street

$175,000

$113.56 / sq ft

Royal Center, IN 46978

Original price $250,000 · Price reduced on September 21, 2026

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Bathrooms
2
Lot
0.22 ac
Year built
1966
Type
Commercial Sale
Listed
August 22, 2025
MLS #
202533748

About this home

Profitable Turn-Key Restaurant next to Pioneer High School in Royal Center, IN. Includes all recipes and equipment. Almost all equipment has been replaced new in the last 3 years. Prep and order area. Kitchen. Storage room. Dining area including tables, chairs, and booths to accommodate seating for 45. Plus outside seating for 16. Two restrooms. Outdoor and indoor signage and menu boards. Twenty-Two space parking lot. See attached document for complete list of upgrades. Possible Contract Sale with sizable down payment.

Property details

Interior

Stories
1
Finished area above grade
1,541 sq ft
Basement
Slab
Flooring
Ceramic Tile, Vinyl
Heating
Natural Gas, Forced Air, Multiple Heating Systems
Cooling
Central Air

Exterior & parking

Construction
Wood Siding
Roof
Asphalt, Shingle, Dimensional Shingles
Parking
Asphalt, Parking Lot, Paved, Private
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.22 ac
Lot dimensions
uneven
Location type
City
County
Cass County
Township
Boone
Current use
Restaurant
Road frontage
State Road
Platted
Yes
Planned unit development
No
Directions
North of Logansport, IN on Hwy 35N approximately 10 miles to Royal Center. Property is on the right just North of Pioneer High School (Bob-O-Link).

Taxes & terms

Annual taxes
$1,407
Tax year
2025
Tax abatement
No
Listing terms
Cash, Conventional
Possession
D.O.C.
Parcel number
09-16-23-124-002.000-004

Included in the sale

Included in sale
Building,Business,Furniture,Land

Utilities

Water
City
Sewer
Public Sewer
Utilities
Electric Hook-Up, Gas Hook-Up, Mun. Sewer Hook-Up, Mun. Water to Site

Income & commercial

Parking spaces
22
Water meters
1
Ceiling height
8'

Location

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$175,000

2 baths