531 S Franklin Street Oakland City, IN 47660

531 S Franklin Street, Oakland City, IN 47660

Commercial Property for sale in Oakland City, IN

for $164,500. This 848 square foot building was built in 1953 on a lot size of 144x99x103x41x83.

Property Information

  • $164,500
  • Commercial
  • 848 Square Feet
  • Restaurant
  • Active
  • 1 Floors
  • Lot size of 144x99x103x41x83
  • Built in 1953
  • Oakland City, IN
  • Gibson County
  • MLS/Web ID is 201814842

 Virtual Tour


BE YOUR OWN BOSS with this rare opportunity to get a turn key, walk right in, go at it, business to run your own way. A very successful operation has been built on a reputation for producing a quality and great tasting product. It is currently only operated 6 months of the year with possibilities well beyond that if a new owner desires. The whole property has been very tastefully renovated or added new. The original main restaurant building was remodeled inside and out in 2012. A new customer shelter house was added, as well as a new storage building adjoining. Parking area was expanded. A privacy fence and landscaping added. This is a full service ice cream shop with additional offerings of cooked sandwiches, salads, etc.... The location is at a major traffic intersection with maximum visibility. The high school and local college are proximate to this location. The equipment is nearly all new and in very good operating condition, with daily cleaning and regular professional servicing. There is walk up service to the front window and also drive thru for convenience. This is a solid business but the owners are ready to move on to other endeavors. This is your chance to continue with success at this highly visible and well known business. Call for an appointment today.

Room Information

  • Kitchen
  • Other

Interior 7


  • Smoke Detector

Cooling System

  • Central Air


  • Ceramic Tile Flooring

Heating Source

  • Electric

Heating System

  • Forced Air
  • Water Heater


  • Walls: Concrete Block
  • Walls: Dry Wall


  • City Sewer

Exterior 5


  • Concrete


  • Privacy
  • PVC


  • Slab


  • 1-20 Parking Spaces
  • Lighted Parking
  • Off Street Parking
  • Private Lot
  • Unpaved


  • Rubber

Miscellaneous 4


  • Display Window
  • Sale Includes Building
  • Sale Includes Inventory
  • Sale Includes Land
  • Sign


  • Near School
  • Other


  • Lighting - Other


  • Electric
  • Gas
  • Public Water/Sewer
  • Water

† Excluded Feature

Listed By

Listing Agent: DONALD MORROW

531 S Franklin Street, Oakland City, IN, 47660 is a Commercial Property for sale at $164,500 with 848 sqft and a lot size of 144x99x103x41x83. 531 S Franklin Street was built in 1953. The property's zip code is 47660 which is in Oakland City, IN

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Market Pricing

Average % of sale price Median % of sale price
All listings in Oakland City $179,320 9 % above $164,750 0 % above
Commerical listings in Oakland City $193,167 17 % above $165,000 0 % above

Get the facts about Oakland City, IN!

Population 2,236
Population Growth (since 2000) -11 %
Median Income $29,881
Median Age 37.03
Households w/ Children 24 %

Residential Dwellings

  • Owned 614
  • Vacant 133
  • Rented 268

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363