Ti-On

126 E Jefferson St, Tipton, IN 46072

Property Information

  • 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

Set in the heart of Tipton, the location offers a classic small-town Indiana setting with a walkable downtown atmosphere and convenient access to local shops, services, dining, and community amenities. Jefferson Street places visitors in the center of an established business district that reflects the character and charm of the county seat. Tipton is known for its welcoming community feel and proximity to local landmarks including the Tipton County Courthouse. Nearby downtown streets support everyday activity and create an approachable environment for guests, visitors, and operators seeking a presence in a recognizable central location. The area’s traditional main street setting makes it especially appealing for hospitality users drawn to an authentic community-centered destination.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.

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

1 Space Available

A

Space Type

Restaurant

Lease Rate

$20.00/SF/YR

Total Space

3,208 SF

Floor

1

Divisible Space

3,208 - 3,208 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

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

Location

Contact Listing Broker
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