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Cafe Pizzaria property up for sale

By Sophie Kaelble

Posted January 22, 2025

Cafe Pizzaria closed Aug. 28, 2024.

The property includes the former restaurant location, two retail spaces, and two apartments. (Katy Szpak / WTIU News)

Cafe Pizzaria’s property is up for sale, following the restaurant’s closing last year. The asking price is $4.5 million.

F.C. Tucker Realtor Steve Smith said owners Larry and David Webb chose to sell to prioritize family time.

“If you know anything about the hospitality business, it’s one, it's a tough business, and two, it takes a lot of time,” he said.

The property at 100 N. Grant St. includes two business spaces occupied by CPR Cell Phone Repair and Hub Bloomington, as well as two apartments. Smith said new owners must honor all leases.

However, he thinks new owners could redevelop the property.

“Is it possible that someone comes along and sees a redevelopment opportunity, absolutely,” Smith said. “I mean, we're seeing it all over.”

Even so, Smith thinks the restaurant has enough sentimental value to return under new ownership elsewhere, comparing it to when Yogi’s reopened.

Read more: New challenges on tap for craft brewing industry

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