# 517 Locust Street, Middletown, IN 47356 > **TL;DR:** commercial, $285,000, built 1900. Est. $1,524/mo. Listed 102 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $285,000 | | Year Built | 1900 | | Lot Size | 2,614 sqft (0.06 acres) | | Property Type | Commercial (Retail) | | Status | Active | | Days on Market | 102 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,441 | | Estimated Insurance | $83 | | **Total** | **$1,524** | ## Nearby Schools - **Elementary:** Shenandoah Elementary School - **Middle:** Shenandoah Middle School - **High:** Shenandoah High School ## Property Highlights - Built in 1900 - 0.06 acre lot ## Description ### Agent Description Three Dog Saloon - Turnkey Bar & Grill Opportunity | Middletown, Indiana Now available is an exceptional opportunity to own Three Dog Saloon, a well-known staple located in the historic heart of Middletown, Indiana. Three Dog Saloon has earned a loyal following by offering great food, affordable drinks, and a welcoming atmosphere that keeps customers coming back. The business operates from 517 Locust Street and has become a popular gathering place for locals, pool leagues, and community events. This is a true turnkey operation offering a 2,356 square foot full-service bar and kitchen with a Restaurant 210 4-way liquor license (Liquor, Beer, Wine AND carryout), included with the sale! Recent updates include a new A/C (2026), a new cooling unit for the walk-in cooler (2025), all new plumbing throughout main floor, updated electrical, new floor joists, decking surface and flooring, remodeled bathrooms, and so much more. Guests consistently praise the friendly service, inviting atmosphere, and standout menu items including wings, tenderloin sandwiches, and signature appetizers. The spacious layout accommodates casual dining, entertainment, and pool leagues three nights a week, making it a destination for both regular patrons and first-time visitors. An additional 2,300 square foot 2nd floor offers huge potential for additional development. Whether you're an experienced business professional or an entrepreneur looking to own a thriving hometown establishment, Three Dog Saloon offers the ideal combination of established clientele, recognizable branding, strong income and an excellent opportunity for continued growth, all in a welcoming small-town setting! Don't miss this rare opportunity to acquire one of Middletown's favorite local establishments and continue its tradition as the community's go-to destination for great food, drinks, and entertainment. ## Location - **Address:** 517 Locust Street, Middletown, IN 47356 - **County:** Henry - **Coordinates:** 40.054093, -85.533857 - **Google Maps:** https://www.google.com/maps?q=40.054093,-85.533857 ## Listing Agent - **Name:** Jonathan Greene - **Brokerage:** RE/MAX Real Estate Solutions - **Broker Phone:** (765) 640-1900 ## Photos ![517 Locust Street - Photo 1](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f331265715r.jpg) ![517 Locust Street - Photo 2](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f1791426015r.jpg) ![517 Locust Street - Photo 3](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f4024724124r.jpg) ![517 Locust Street - Photo 4](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f2585772169r.jpg) ![517 Locust Street - Photo 5](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f3314701771r.jpg) ![517 Locust Street - Photo 6](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f1445196217r.jpg) ![517 Locust Street - Photo 7](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f1700349688r.jpg) ![517 Locust Street - Photo 8](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f188959897r.jpg) ![517 Locust Street - Photo 9](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f3428306371r.jpg) ![517 Locust Street - Photo 10](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f3092829702r.jpg) ![517 Locust Street - Photo 11](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f567753576r.jpg) ![517 Locust Street - Photo 12](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f3492095830r.jpg) ![517 Locust Street - Photo 13](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f3111825124r.jpg) ![517 Locust Street - Photo 14](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f3973209693r.jpg) ![517 Locust Street - Photo 15](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f716527553r.jpg) ![517 Locust Street - Photo 16](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f2911678283r.jpg) ![517 Locust Street - Photo 17](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f3686101467r.jpg) ![517 Locust Street - Photo 18](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f3362321997r.jpg) ![517 Locust Street - Photo 19](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f4174861753r.jpg) ![517 Locust Street - Photo 20](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f3421671933r.jpg) ![517 Locust Street - Photo 21](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f1517768309r.jpg) ![517 Locust Street - Photo 22](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f2888835266r.jpg) ![517 Locust Street - Photo 23](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f2118997831r.jpg) ![517 Locust Street - Photo 24](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f3224218914r.jpg) ![517 Locust Street - Photo 25](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f4095428268r.jpg) ![517 Locust Street - Photo 26](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f3315418509r.jpg) ![517 Locust Street - Photo 27](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f2255405491r.jpg) ![517 Locust Street - Photo 28](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f3843660304r.jpg) ![517 Locust Street - Photo 29](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f2060168020r.jpg) ![517 Locust Street - Photo 30](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f1865703956r.jpg) ![517 Locust Street - Photo 31](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f1783626370r.jpg) ![517 Locust Street - Photo 32](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f3219633580r.jpg) ![517 Locust Street - Photo 33](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f641939877r.jpg) ![517 Locust Street - Photo 34](http://lh.rdcpix.com/bcb901a975b1d04b8f7e01a651a12a10l-f2328563824r.jpg) --- **MLS#:** 22115655 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/517-locust-street-middletown-in-47356-fb4b531ed0e34afca6b554fac9f1c057) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/517-locust-street-middletown-in-47356-fb4b531ed0e34afca6b554fac9f1c057#listing", "url": "https://www.propertysimple.ai/listing/517-locust-street-middletown-in-47356-fb4b531ed0e34afca6b554fac9f1c057", "name": "517 Locust Street, Middletown, IN 47356", "description": "Three Dog Saloon - Turnkey Bar & Grill Opportunity | Middletown, Indiana Now available is an exceptional opportunity to own Three Dog Saloon, a well-known staple located in the historic heart of Middletown, Indiana. Three Dog Saloon has earned a loyal following by offering great food, affordable drinks, and a welcoming atmosphere that keeps customers coming back. The business operates from 517 Locust Street and has become a popular gathering place for locals, pool leagues, and community events. This is a true turnkey operation offering a 2,356 square foot full-service bar and kitchen with a Restaurant 210 4-way liquor license (Liquor, Beer, Wine AND carryout), included with the sale! Recent updates include a new A/C (2026), a new cooling unit for the walk-in cooler (2025), all new plumbing throughout main floor, updated electrical, new floor joists, decking surface and flooring, remodeled bathrooms, and so much more. Guests consistently praise the friendly service, inviting atmosphere, and standout menu items including wings, tenderloin sandwiches, and signature appetizers. 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