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  1. Retail Space
  2. IN
  3. Tipton

Ti-On

For Lease 3,208 SF

126 E Jefferson St, Tipton, IN 46072

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.

Key features

  • 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

Rental Details

  • Number of spaces 1
  • Total square feet available 3,208 SF
  • For Lease $20.00/SF/YR
  • Space Type Restaurant
  • Lease Type NNN
  • Latest Update Oct 25, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand

1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
A Restaurant $20.00/SF/YR 3,208 SF 1 NNN

A

Space Type

Restaurant

Lease Rate

$20.00/SF/YR

Additional Rent

Price on request

Total Space Available

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.

A

Space Type
Restaurant
Lease Rate
$20.00/SF/YR
Total Space
3,208 SF
Floor
1
Lease Type
NNN
Space Type

Restaurant

Lease Rate

$20.00/SF/YR

Additional Rent

Price on request

Total Space Available

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

broker
David Turk

Indiana Realty

Building Details

  • For Lease $20.00/SF/YR
  • Property Type Retail - Restaurant
  • Property Size 10,099 SF
  • Lot Size 0.11 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1900
  • Year Renovated 2026
  • Date Updated Oct 25, 2026

Location

  • City Tipton, IN
  • Zip Code 46072
  • Market Indianapolis
  • Map
  • Street
  • Walk score 72/100 Very Walkable
  • Bike score 62/100 Bikeable
Powered by Walk Score ®

Points of Interest

Mobil

0.14 miles

Speedway

0.20 miles

Casey's General Store

0.41 miles

Love's

4.77 miles

BP

7.90 miles

Horton's Home & Garden

0.08 miles

Needler Fresh Market

0.65 miles

Wilson Farm Market

9.60 miles

Listing Summary

  • Retail Space Costs at 126 E Jefferson St

    The asking rent for retail space in this property starts at $20.00/SF/YR.

  • Property Characteristics

    This retail property is rated Class C based on its characteristics, amenities, and location. Located at 126 E Jefferson St, it was completed in 1900 and last renovated in 2026.

  • Retail Space Available

    The property exclusively contains Restaurant space totaling 3,208 square feet. The leasing opportunity here is available under NNN lease terms.

  • Space Sizes
    • The property houses 1 retail space in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
Contact David Turk
broker
David Turk

Indiana Realty

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