Indianapolis, IN Bars & Pubs for Rent & Lease

Updated: Apr 27

Restaurant Space with Patio

3131 Shelby Street, Indianapolis, IN 46227

$3,500/Mo

0.37 AC lot

More than 3,000 square feet with additional basement storage
Commercial kitchen includes hood, prep stations, grill, fryer, handwashing sink, and 3‑bay sink
Bar area with 3‑drawer cooler
Men’s and women’s restrooms
Small patio and stage for live entertainment

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Updated: Apr 17

Restaurant Space with Bar Infrastructure

5111 E 21st Street, Indianapolis, IN 46218

$2,600/Mo

0.22 AC lot

Restaurant space on a 0.22‑acre parcel
Existing bar setup and related infrastructure remain
Commercial zoning
Positioned just off a major highway exit
Ample parking on site

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Restaurant Space with Bar Infrastructure

5111 E 21st St, Indianapolis, IN 46218

$2,600/Mo

3,170 sqft

Restaurant premises near a major highway exit with parking and existing bar-related improvements.

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Historic Office Building with Elevator Access

409 Massachusetts Ave, Indianapolis, IN 46204

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3,964 sqft

Historic 1900 building with creative interior finishes and direct elevator access for available office floors.

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Downtown Restaurant with Rooftop Patio

42 W South St, Indianapolis, IN 46225

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11,864 sqft

Three-story restaurant space with a built-in kitchen and rooftop patio for indoor/outdoor hospitality flow.

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Renovated Restaurant Space

621 Fort Wayne Ave, Indianapolis, IN 46204

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1,890 sqft

CBD3-zoned corner space with existing furniture, fixtures, and equipment for restaurant operations.

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Restaurant Building with Patio

3131 Shelby St, Indianapolis, IN 46227

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Configured for food service with a bar, kitchen equipment, basement storage, and a stage for live entertainment.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 7 Active listings in Indianapolis, IN, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 10 Properties for Sales.

Bars & Pubs for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Brewery Space with Bar

108 E 6th St, Bloomington, IN 47408

$17 SF/Yr

2,483 sqft

Open commercial layout combines a finished dining area, bar, kitchen, storage, and street-facing glass storefront.

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Two-Story Restaurant Space

405 N Harrison St, Shelbyville, IN 46176

Contact for pricing

1,329 sqft

Two-story restaurant space with an outdoor patio and a flexible layout for dining, bars, or coffee concepts.

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Restaurant Space with Brick Interior

108 E 6th Street, Bloomington, IN 47408

$17 SF/Yr

0.07 AC lot

Open dining and bar layout includes a compact kitchen, restrooms, storage, and abundant natural light.

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Unique Commercial Space in Shelbyville

405 North Harrison Street, Shelbyville, IN 46176

Contact for pricing

3,600 sqft

Two-story commercial space suitable for restaurants, bars, and coffee shops.

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Similar Spaces for Sale in Indianapolis, IN

Consider Similar Space for Sale. We found 10 Spaces matching your search parameters.

Brewery-Pub with Multiple Overhead Doors

1301 Barth Ave, Indianapolis, IN 46203

$1,250,000

11,060 sqft

Leased brewery-pub building with heavy power, gas heat, and eight rear overhead doors plus an adjacent vacant MU1 lot.

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Bar and Grill with Liquor License

2409 English Ave, Indianapolis, IN 46201

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1,600 sqft 0.25 AC lot

Established bar and grill property with licensed beverage, food service, tobacco, gaming, and catering operations.

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Bar and Restaurant with Liquor License

2230 Shelby St, Indianapolis, IN 46203

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5,900 sqft

Over 5,900 sf bar and seating plus three small office suites; grandfathered 3-way liquor license and outdoor seating included.

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Two-Story Restaurant with Rooftop Deck

42 W South St, Indianapolis, IN 46225

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11,864 sqft

Modern two-story restaurant building with rooftop deck, basement office/work areas, and a fully equipped kitchen and bar.

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Renovated Restaurant with Kitchen Equipment

2023 Southeastern Avenue, Indianapolis, IN 46201

$520,000

0.26 AC lot

C1-zoned restaurant includes installed food-service equipment, furnishings, and a 3 way liquor license.

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Established Bar & Pub with Kitchen

7628 Southeastern Avenue, Indianapolis, IN 46239

$675,000

0.65 AC lot

Operating venue with food-service infrastructure, a pool table, and an outdoor seating area.

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Indianapolis Bar For Sale

2023 Southeastern Avenue, Indianapolis, IN 46201

$520,000

Bar for sale at Southeastern and Harlan corner.

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Restaurant and Bar Outlot

5910 W. 86th St, Indianapolis, IN 46278

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Mexican restaurant and bar located on an outlot in front of a large community center anchored by major retailers and an AMC theater.

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Renovated Two-Level Bar Property

2849 Shelby St, Indianapolis, IN 46203

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Includes restaurant improvements, separate speakeasy operations, furnishings, fixtures, inventory, and multiple operating licenses.

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Corner Lot Building For Sale

2502 W Michigan St, Indianapolis, IN

Contact for pricing

0.19 AC lot

Two-story, 6,472 SF building on a .19-acre corner lot.

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Indianapolis, IN Bars & Pubs Lease Rates & Market Statistics

Explore 7 Bars & Pubs for lease in Indianapolis, IN on Realmo, a commercial real estate exchange covering the Indianapolis area. The current inventory totals 20,888 square feet of properties.

Asking lease rates for Bars & Pubs in Indianapolis start at $9.84 SF/Yr, average $9.84 SF/Yr, and reach $9.84 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $9.84 SF/Yr, the local average runs 6% below Indiana's state average of $10.51 SF/Yr.

Indianapolis accounts for 100% of the 7 bars & pubs currently available across Marion County. Bars & Pubs make up 15% of the 46 Restaurants currently for lease in Indianapolis, with asking rates averaging $9.84 SF/Yr — 41% below the citywide Restaurants average of $16.78 SF/Yr. Also worth a look for tenants weighing alternatives: Conventional restaurants (20 listings) and Drive through restaurants (15 listings) elsewhere in the Indianapolis market.