Conventional Restaurant

Anderson, IN Conventional Restaurants for Sale

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Renovated Conventional Restaurant Building
Updated: Jul 9
Renovated Conventional Restaurant Building

500 Broadway, Anderson, IN 46012

$450,000
1.85 AC lot
4,804+- SF conventional restaurant building
1.845+- acre lot at a signaled corner
Renovated in 2012; originally built in 1960
B‑2 zoning allows a range of business uses
Existing restaurant tenant; operating business excluded from sale
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Restaurant Building on Corner Lot
Updated: Jun 19
Restaurant Building on Corner Lot

500 Broadway, Anderson, IN 46012

$450,000
4,804 sqft 1.85 AC lot
4,804+- SF restaurant building built in 1960, in good condition
Renovated in 2012 and includes 3 guest facilities
1.845+- acre lot on a signaled corner with lots of parking
B‑2 zoning allows a variety of business uses including office, retail, medical, and church
Tenant‑occupied restaurant; the restaurant business is not included in the sale
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Freestanding Restaurant Building
Freestanding Restaurant Building

6315 S Scatterfield Rd, Anderson, IN 46013

Contact for pricing

Freestanding former restaurant offers direct visibility and easy access from I-69 for restaurant, retail, or medical uses.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Anderson, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Brand-New Panera Bread Restaurant
Brand-New Panera Bread Restaurant

900 E McGalliard Rd, Muncie, IN 47303

Contact for pricing
4,393 sqft 1.03 AC lot

Newly constructed Panera Bread restaurant on an estimated 1.03-acre parcel with a 15-year NNN sale leaseback.

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Single-Tenant Restaurant NNN
Single-Tenant Restaurant NNN

2820 Main Street, Elwood, IN 46036

Contact for pricing
3,330 sqft

Hardee's restaurant is offered for sale with an absolute triple net lease and zero landlord responsibilities.

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Flex Space With Dock Doors
Flex Space With Dock Doors

216 S 16th Street, Elwood, IN 46036

$39,900
0.16 AC lot

Adaptable commercial building with offices, bathrooms, natural light, and available natural gas service.

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NNN Leased Restaurant Investment Opportunity
NNN Leased Restaurant Investment Opportunity

809 W McGalliard Rd, Muncie, IN 47303

Contact for pricing
5,312 sqft

NNN leased Chili's with corporate guarantee in Muncie, Indiana.

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Anderson, IN Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Anderson, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,804 square feet of properties for sale, with an estimated market value of $900,000.

Sale prices for conventional restaurants in Anderson, IN average $450,000 — 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

Conventional restaurants 3
Bars & Pubs 1
Drive through restaurants 1
Turn key restaurants 1

Demographics Overview

Population 79K
Population Growth (5Y) +0.2%
Median Household Income $56,269
College Educated 16.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46016 $150K
46012 $450K

Taxes & Financing

Tax Rate (average for all types) 2.78%
Property Tax per SF $56.45 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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