101 N State Street
South Whitley, IN, 46787 $ 225,000
Bedrooms-- Baths1.0 Sq 450 Monthly Estimate*
$ 1,404
for $225,000 with 1 full bath. This 450 square foot building was built in 1963 on a lot size of 0.11.
Donât miss this rare opportunity to own the beloved Carolâs Corner Drive-In Restaurant and a charming 4-bedroom, 2-bathroom home! The restaurant spans 450 sqft and features a restroom, ample off-street parking, and a welcoming covered seating/play area. It comes fully equipped with everything you need to hit the ground running, including: Multiple freezers & generous freezer space, Electrofreeze 2-flavor twist ice cream machine, Ross-Temp pop machine, Electrofreeze slushie machine, Antique cash registers, 4-door refrigerator, Star steamer hot dog machine, Keurig coffee maker, Microwave, 2 Fry Master french fryers, Vulcan-Hart grill, Crosley refrigerator, Full set of utensils, pots, and pans. As a bonus, the iconic 1989 Volkswagen âBurger Buggyâ is included! (Burger Buggy trailer available for purchase separately.) This sale is in conjunction with the residential property at 111 N State Street (MLS #202519677)âa 2,591 sq ft home just steps from the restaurant. The residence offers 4 spacious bedrooms, 2 full bathrooms, original hardwood floors, main-floor laundry, an attached 1-car garage, a large detached garage, and an inviting screened/glassed-in front porch. Whether you're dreaming of running a nostalgic hometown eatery or seeking a combined home and business venture, this unique package delivers charm, convenience, and potential. See the home listing for more details.
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FeaturesGeneralHeating Gas
Cooling None
Ceiling Height n/a
Roof Rubber
Parking Yes Lot Off-Street Paved
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 1
Year Built 1963
New Construction No
Subdivision None
Stories Count 1
Township Cleveland
Class COMMERCIAL
Present Use Bus. Included w/Property
Type Restaurant/Bar
Age 62
Business Name Carol's Corner
Special Features Alley Public Restrooms Refrigeration/Freezer
REO No
Status Detail 0
Area Whitley County
City South Whitley
Legal Description PT LOT 1 PARRETTS THIRD ADDITION TO SPRINGFIELD
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202519678
Agent First Name Tyler
Agent Last Name Dohner
DOM 188
Tax Year 2025
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ExteriorRoad Access City
Exterior Wood
Lot Size Area 4792
Lot Dimensions 50x99
Parking Type Lot Off-Street Paved
Waterfront Y/N No
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InteriorFlooring Finished
Basement/Foundation None
Walls Drywall
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* Excluded FeaturesList ByTyler DohnerListing Agent
Century 21 Bradley Realty, IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,404
- Monthly Property Taxes
- $16
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in South Whitley, IN
Average List Price $184,950
Percent of Sale Price 18%
About South Whitley, IN 1,739 Population
-1% Since 2002
$ 45,603 Median Income
39.18 Median Age
41% Households with Children
Trends Information provided by ATTOM Data Solutions.
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/27/2025 | $225,000 | | Listed Price |