Listing courtesy of RE/MAX Real Estate Solutions · Listing agent: Jonathan Greene · Cell: 765-730-2122

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517 Locust Street

$285,000

$60.48 / sq ft

Middletown, IN 47356-1434

  • Basement
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Bathrooms
2
Lot
0.06 ac
Year built
1900
Type
Commercial Sale
Listed
July 23, 2026
MLS #
202629732

About this home

Three Dog Saloon – Turnkey Bar & Grill Opportunity | Middletown, Indiana Now available is an exceptional opportunity to own Three Dog Saloon, a well-known staple located in the historic heart of Middletown, Indiana. Three Dog Saloon has earned a loyal following by offering great food, affordable drinks, and a welcoming atmosphere that keeps customers coming back. The business operates from 517 Locust Street and has become a popular gathering place for locals, pool leagues, and community events. This is a true turnkey operation offering a 2,356 square foot full-service bar and kitchen with a Restaurant 210 4-way liquor license (Liquor, Beer, Wine AND carryout), included with the sale! Recent updates include a new A/C (2026), a new cooling unit for the walk-in cooler (2025), all new plumbing throughout main floor, updated electrical, new floor joists, decking surface and flooring, remodeled bathrooms, and so much more. Guests consistently praise the friendly service, inviting atmosphere, and standout menu items including wings, tenderloin sandwiches, and signature appetizers. The spacious layout accommodates casual dining, entertainment, and pool leagues three nights a week, making it a destination for both regular patrons and first-time visitors. An additional 2,300 square foot 2nd floor offers huge potential for additional development. Whether you're an experienced business professional or an entrepreneur looking to own a thriving hometown establishment, Three Dog Saloon offers the ideal combination of established clientele, recognizable branding, strong income and an excellent opportunity for continued growth, all in a welcoming small-town setting! Don't miss this rare opportunity to acquire one of Middletown's favorite local establishments and continue its tradition as the community's go-to destination for great food, drinks, and entertainment.

Property details

Interior

Stories
2
Finished area above grade
4,712 sq ft
Basement
Full, Unfinished
Flooring
Carpet
Heating
Natural Gas, Forced Air
Cooling
Central Air

Exterior & parking

Construction
Brick
Roof
Rubber
Parking
Off Street, Paved, Public Parking, On Street
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.06 ac
Lot dimensions
39X66
Location type
City,Historic District
County
Henry County
Township
Fall Creek
Current use
Bar, Restaurant, Retail
Road frontage
City Street
Lots
1
Platted
Yes
Planned unit development
No
Directions
GPS Friendly

Taxes & terms

Annual taxes
$1,230
Tax year
2026
Tax abatement
No
Possession
Negotiable
Parcel number
33-02-32-310-220.000-006

Included in the sale

Included in sale
Building,Business,Furniture,Land,Inventory,License Included

Utilities

Water
City
Sewer
Public Sewer
Electric provider
Middletown Utilities
Gas provider
CenterPoint Energy

Income & commercial

Water meters
2
Ceiling height
12

Location

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$285,000

2 baths