517 Locust Street
Middletown, IN, 47356 $ 285,000
Bedrooms-- Baths2.0 Sq 4,712 Monthly Estimate*
$ 1,800
for $285,000 with 2 full baths. 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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FeaturesGeneralHeating Gas Forced Air
Cooling Central Air
Ceiling Height 12
Roof Rubber
Parking Yes Off-Street Paved Public Street
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 2
Year Built 1900
New Construction No
Subdivision None
Stories Count 2
Township Fall Creek
Class COMMERCIAL
Type Restaurant/Bar
Age 126
Special Features Basement Public Restrooms Cable
REO No
Status Detail 0
Area Henry County
Location City Historic District
City Middletown
Legal Description ORIG PLAT LOT 1 BLK 3 39'
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202629732
Agent First Name Jonathan
Agent Last Name Greene
DOM 1
Tax Year 2026
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ExteriorRoad Access City
Exterior Brick
Lot Size Area 2570
Lot Dimensions 39X66
Parking Type Street; City Owned Parking Lot
Waterfront Y/N No
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InteriorFlooring Carpet
Basement/Foundation Full Basement Unfinished
Walls Concrete Drywall
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* Excluded FeaturesList ByJonathan GreeneListing Agent
Re/Max Real Estate SolutionsBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,800
- Monthly Property Taxes
- $103
- 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.
Learn more about how to save NearbyCommerical listings in Middletown, IN
Average List Price $285,000
Percent of Sale Price 0%
About Middletown, IN 2,384 Population
2% Since 2002
$ 49,675 Median Income
40.36 Median Age
30% 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 |
|---|
| 7/23/2026 | $285,000 | | Listed Price |