- For Lease $20.00/SF/YR
- Property Type Retail - Restaurant
- Property Size 10,099 SF
- Lot Size 0.11 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1900
- Year Renovated 2026
- Date Updated Oct 21, 2026
Description
Highlights
- 3,300 SF of total restaurant/bar space, including a 900 SF mezzanine
- 3-way liquor license with carryout privileges included
- Brand-new roughed-in plumbing and electrical
- Excellent opportunity for a restaurant, sports bar, upscale lounge, steakhouse, or entertainment concept
- Existing tobacco license for potential mezzanine cigar lounge
- Gaming license opportunities available, subject to applicable approvals
- Historic Ti-On Lounge location on Tipton’s downtown square
- Newly installed large grease trap
- Property Highlights:
- White-box delivery with customizable interior layout
True
1 Space Available
A
Restaurant
$20.00/SF/YR
3,208 SF
1
3,208 - 3,208 SF
Immediate
NNN
Yes
No
3,300 SF | Downtown Tipton Square | 3-Way Liquor License with Carryout | Cigar Lounge Potential An exceptional opportunity to bring new life to the historic Ti-On Lounge, prominently located on the downtown square in Tipton, Indiana. This iconic location offers a rare opportunity for a restaurant, bar, or entertainment operator to establish a destination in the heart of downtown. The approximately 3,300-square-foot space includes a 900-square-foot mezzanine with an existing tobacco license, offering the potential for a distinctive upstairs cigar lounge or private gathering space. The property features significant recent infrastructure improvements, including brand-new roughed-in plumbing and electrical systems and a new large grease trap, providing a substantial head start for a restaurant or bar buildout. The space is currently framed and will be delivered in white-box condition, allowing an incoming operator the flexibility to customize the layout, finishes, and overall concept to suit their vision.
Contacts
Indiana Realty
Location
Indiana Realty