517 Locust Street Middletown, IN $ 285,000
517 Locust Street
$ 285,000
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517 Locust Street

Middletown, IN, 47356
$ 285,000
Bedrooms-- Baths-- Sq 4,712

Monthly Estimate*

$ 1,800

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Commercial Property for sale in Middletown, IN

for $285,000. This 4,712 square foot building was built in 1900 on a lot size of 0.06.

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.

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Commercial Active

Price

$ 285,000

Property Type

Commercial

Taxes

$ 1,254

Style

Retail

Lot Size

0.06

Year Built

1900

Town/City

Middletown

County/Region

Henry

MLS | Web ID

22115655

Features
General
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Negotiable
Roof Rubber
Zoning General Business
Year Built 1900
Township Fall Creek
Property Subtype Retail
Tax Year 2025
Current Use Restaurant
County Henry
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
High School Shenandoah High School
City Middletown
High School District Shenandoah School Corporation
MLS Area 3301 - Henry - Fall Creek
Lot Size Square Feet 2570
Elementary School Shenandoah Elementary School
Middle/Junior High School Shenandoah Middle School
Standard Status Active
Tax Lot 1
Legal Description Orig Plat Lot 1 Blk 3 39'
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Exterior
Building Area Total 4712
Lot Size Acres 0.06
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* Excluded Features
List By
Re/Max Real Estate Solutions

Broker

jon@soldwithjon.com

Email

Affordability Calculator

$1,904
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,800
Monthly Property Taxes
$105
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
4054756 Elementary School
4054757 Middle School
Shenandoah High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$285,000 Listed Price

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517 Locust Street, Middletown, IN, 47356 is a Commercial Property for sale at $285,000 with 4,712 sqft and a lot size of 0.06. 517 Locust Street was built in 1900. The property's zip code is 47356 which is in Middletown, IN