alt
alt
alt
alt
alt
View All

For Sale

Restaurant & Lounge- Highland, IN

2904 45th St,
Highland, IN 46322

Asset Snapshot

1947
Year Built
2
Floor Count
1
Building Count

Offering Summary

Investment Overview

An established dining landmark, The Town Club Restaurant & Lounge is now available for purchase in Highland, Indiana. Situated on the highly traveled 45th Street corridor, this iconic restaurant has been a community staple since 1947. Known for its signature hand-cut steaks and one of the region’s most popular martinis, The Town Club offers a rich legacy and loyal customer base. The property has benefited from significant capital improvements over the past seven years, including a new roof, HVAC system, boiler, kitchen equipment, and water heater. The sale includes both the real estate and the business, providing a turnkey opportunity for new ownership. Adding to its value, the property features a spacious 2-bed, 2-bath apartment above the restaurant. Currently vacant, it offers an excellent opportunity for additional rental income or on-site owner occupancy


Investment Highlights

  • Restaurant and Real Estate for sale in Highland, IN
  • Popular landmark restaurant- serving Highland Since 1947 with strong following
  • Located on heavily traveled 45th Street
  • Top 75 percentile for total restaurant visits in Indiana per Placer AI
  • 3-way Liquor license included in sale
  • Additional revenue potential by leasing the upstairs apartment

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$699,000
Asking Price