101 N Main St
Farmland, IN 47340
The Chocolate Moose · Retail Property For Sale

Hidden Gem in a Historic and Artistic community in East Central Indiana. Beautiful Commercial Building + Operating Profitable Business + Updated 2300 sq. ft. Loft Style Apartment. Bonus space is another 2500+ Square feet of open space on the 3rd and 4th levels ready to be finished...possibilities include future development/apartment expansion/studio or workshop for owner. This property is located in Farmland, Indiana, just a short 15 minute drive from Muncie, Indiana, which is home to Ball State University and IU Health/Ball Hospital. The Farmland community continues to grow its appeal as a destination spot for residents of Indiana and Ohio with several local shops and festivals. Farmland is on State Road 32 and State Road 1 with easy access to Interstate 70, Richmond, Indiana and Dayton, Ohio. Renovation of historic buildings and rebuilding of Main Street and sidewalks in 2006 and 2007 has appeal. Significant improvements by the owners over the past nine years to both the 120 year old building and the 20 year old restaurant business have resulted in a unique live/work opportunity for the next owner. The Chocolate Moose is a local institution in this area and ready for its third owner. The apartment has been fully renovated with open floor plan and kitchen island. Two bedrooms with 1.5 baths and an office or third bedroom. Apartment features include tall ceiling height, exposed ductwork, hardwood floors and large master bedroom. Full financials on restaurant business are available which show consistent pattern of growth with revenue closing in on $400,000 annually. Potential to increase restaurant hours and grow the income to the next level!