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215 E State Street Morocco, IN $ 199,000
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$ 199,000 Get more info
215 E State Street
$ 199,000
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Share Save

215 E State Street

Morocco, IN, 47963
$ 199,000
Bedrooms-- Baths-- Sq 1,207

Monthly Estimate*

$ 1,257

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Commercial Property for sale in Morocco, IN

for $199,000. This 1,207 square foot building was built in 1900 on a lot size of 0.0826.

TURNKEY, FULLY OPERATIONAL RESTAURANT OPPORTUNITY! Step into an established restaurant business that is ready for its next owner. This turnkey operation offers an opportunity to continue serving customers from day one, with the restaurant remaining open and fully operational throughout the marketing and sale process. Equipment, fixtures, furnishings, and established infrastructure are included, providing a seamless transition for an owner-operator or investor. Whether you're an experienced restauranteur or looking to enter the industry, this is an excellent opportunity to acquire an operating business with established customer base without starting from scratch. Showings are available through an agent to minimize disruption to ongoing business operations. PLEASE DO NOT APPROACH THE EMPLOYEES OR MANAGEMENT DIRECTLY REGARDING THE SALE.

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Commercial Active

Price

$ 199,000

Property Type

Commercial

Taxes

$ 523

Style

Business

Lot Size

0.0826

Year Built

1900

Town/City

Morocco

County/Region

Newton

MLS | Web ID

844585
Features
General
Sewer Public Sewer
Heating Natural Gas
Utilities Cable Available Water Connected Sewer Connected Natural Gas Connected Electricity Connected
Appliances Freezer Refrigerator Gas Water Heater Gas Range Gas Cooktop
Year Built 1900
Electric 100 Amp Service
View Neighborhood
Township Beaver
Property Subtype Business
Tax Year 2024
Gross Income 400000
County Newton
Net Operating Income 10928
Insurance Expense 5154
Property Type Commercial Sale
MaintenanceExpense 10500
Subdivision Name Ashs Add
Building Features Public Restrooms Business District Location Exterior Lighting
Status Active
Directions US 41 to Michigan Ave turn right (west) to Polk St turn right (north) to State Street turn left (west) go 2 blocks subject property is on your left (south)
City Morocco
Zoning Description Commercial
Lot Size Square Feet 3600
Listing Terms Cash Conventional
Tax Annual Amount 523
Electric Expense 6317
Trash Expense 1056
Standard Status Active
Legal Description E1/2 LOT 5 BLK 7 EXCEPT 1' X 40' OFF E SIDE ASH'S ADD MOROCCO
Assoc/CIC None
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Exterior
Exterior Amenities Storage
Parking Features Off Street Paved On Street Alley Access Additional Parking
Water Source Public
Total Parking 20
Lot Size Acres 0.0826
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Amy Wang

Listing Agent

Re/Max Executives

Broker

alwre2025@gmail.com

Email

Affordability Calculator

$1,300
Per Month
97%
3%
0%
Monthly Principal & Interest
$1,257
Monthly Property Taxes
$44
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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/31/2026$199,000 Listed Price

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215 E State Street, Morocco, IN, 47963 is a Commercial Property for sale at $199,000 with 1,207 sqft and a lot size of 0.0826. 215 E State Street was built in 1900. The property's zip code is 47963 which is in Morocco, IN

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