Indianapolis, IN Bars & Pubs for Sale

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Updated: Jul 19, 2025

Historic Victorian Bar Property

1640 Prospect Street, Indianapolis, IN 46203

$699,000

4,379 sqft

Package includes 5 parcels totaling just under 1 acre in Fountain Square, Indianapolis.
Nationally registered historic bar room is included in the main structure package.
Includes a 60x40 metal barn.
On‑site 2‑bed, 2‑bath residence included in the parcel package.
Also includes vacant C4‑zoned lots as part of the 5‑parcel package.

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This listing looks promising.

Here's a quick look at some key insights for

1640 Prospect Street, Indianapolis, IN 46203

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Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$55K
Annual
Price @ 7% Cap

$781K
Above asking
Property Type

Commercial (General)
Built 1885

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Updated: Jun 5, 2024

Renovated Restaurant with Kitchen Equipment

2023 Southeastern Avenue, Indianapolis, IN 46201

$520,000

0.26 AC lot

2,500 SF restaurant renovated in 2023
Real estate and operating business offered together
Kitchen equipment includes hood, fryers, walk‑in cooler, prep station, and grill
3 way liquor license included
15+ on‑site parking spaces plus nearby street parking

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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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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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Net-Leased Restaurant Sports Bar

7040 McFarland Blvd, Indianapolis, IN 46237

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4,000 sqft 2.37 AC lot

Single-tenant net-leased restaurant & sports bar with minimal landlord responsibilities limited to roof and structural components.

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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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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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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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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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Indianapolis Bar For Sale

2023 Southeastern Avenue, Indianapolis, IN 46201

$520,000

Bar for sale at Southeastern and Harlan corner.

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Corner Lot Building For Sale

2502 W Michigan St, Indianapolis, IN

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0.19 AC lot

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

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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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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 12 Active listings in Indianapolis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Three Dog Saloon Bar & Grill

517 Locust St, Middletown, IN 47356

$285,000

4,712 sqft

Full-service bar and kitchen with an included Restaurant 210 4-way liquor license.

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Full-Service Bar and Grill

517 Locust Street, Middletown, IN 47356

$285,000

0.06 AC lot

Operating establishment includes a Restaurant 210 4-way liquor license with liquor, beer, wine, and carryout privileges.

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Sports Bar with Building

3206 South Emerson Avenue, Beech Grove, IN 46107

$450,000

5,280 sqft

Business sale includes the bar operation, real estate, updated systems, and a 210 Liquor License.

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Leased Bar & Pub

410 Main St, Beech Grove, IN 46107

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Operating bar and grill with a stated five-year lease in a retail-oriented Main Street setting.

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Off-Market Properties in Indianapolis, IN

Consider similar Off-Market properties in Indianapolis, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Restaurants

2412 Raymond St, Indianapolis, IN 46203

Value Estimation by Request

4,200 sqft

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Indianapolis, IN Bars & Pubs Market Trends and Statistics

Explore 13 bars & pubs for sale in Indianapolis, IN, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 38,803 square feet of properties for sale, with an estimated market value of $3,664,000.

Sale prices for pubs in Indianapolis, IN start at $520,000, averaging $732,800, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 979K

Population Growth (5Y) +2.8%

Median Household Income $67,417

College Educated 30.4%

High-Yield Neighborhoods for Investment

Identify Indianapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46201	$520K
46239	$675K
46203	$1.3M
46225	$7M

Taxes & Financing

Tax Rate (average for all types) 2.46%

Property Tax per SF $41.61 per SF

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Indianapolis fall within the 100,000+ square foot range.

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