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Coldwell Banker – Martin, Miller Lamb Real Estate

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$500,000
39 Days On Site

205 N Armstrong Street
Crothersville, IN 47229

For Sale|Business|Active
0
Beds
0
Total Baths
3,812
SqFt
$131
/SqFt
1947
Built
County:
Jackson
Listing courtesy of Berkshire Hathaway Home (812) 528-3204
Call Now: 812-346-5881
Is this the listing for you? We can help make it yours.
812-346-5881
205 N Armstrong Street205 N Armstrong Street205 N Armstrong Street205 N Armstrong Street
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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!

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Listing Snapshot
Price 
$500,000
Days On Site 
39 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,812 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.6 Acres
Year Built 
1947
MLS® Number 
22122744
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Acres 
0.6
Parking 
Gravel
Property Sub Type 
Business
Security 
Security System
SqFt Total 
3812
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedWater Connected
Zoning 
General Business
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Exterior Features
Road Frontage 
Highway
Roof 
Metal
Community Features
MLS Area 
3612 - Jackson - Vernon
School District 
Crothersville Community Schools
Township 
Vernon
Schools
School District
Crothersville Community Schools
Elementary School
Crothersville Elementary School
Middle School
Unknown
High School
Crothersville Jr-Sr High School
Listing courtesy of Berkshire Hathaway Home (812) 528-3204



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-10-11 07:32 AM UTC. 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.

Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

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