Bloomington, IN
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    Bloomington, IN Conventional Restaurants for Sale

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    Ellettsville, IN Unionville, IN Nashville, IN
    Bloomington Restaurant/Bar Opportunity
    $1,570,000
    8,300 SF
    Bloomington Restaurant/Bar Opportunity

    419 N Walnut Street, Bloomington, IN 47404

    Prime downtown location with recent renovations and strong potential.
    • Prime downtown location with high visibility and foot traffic, near Courthouse Square and Indiana University.
    • Extensive renovations including newer rubber roof, updated HVAC, and upgraded electrical/plumbing systems.
    • Flexible, open‑span interior construction with minimal columns.
    • Commercial kitchen infrastructure and multiple walk‑in coolers.
    • Private office space with full bath and laundry area.
    Updated: May 29
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    Renovated Restaurant and Event Building
    $1,570,000
    8,273 SF
    Renovated Restaurant and Event Building

    419 N WALNUT ST, Bloomington, IN 47401

    Extensively renovated mixed-use building with commercial kitchen infrastructure and flexible open-span layout for multiple operating concepts.
    • Approximately 8,300 SF downtown Bloomington commercial building in the MD‑DC (Mixed‑Use Downtown Core) zone
    • Extensive renovations include a newer rubber roof, updated HVAC systems and ductwork, and fire suppression improvements
    • Renovated restrooms plus upgraded electrical and plumbing systems
    • Commercial kitchen infrastructure with multiple walk‑in coolers and overhead garage door access
    • Flexible open‑span interior with minimal columns, plus private office space with full bath and a laundry area
    Updated: May 28
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Bloomington, 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.

    Turn-Key Restaurant/Bar on Highway 37
    $649,900
    5,000 SF
    Turn-Key Restaurant/Bar on Highway 37

    Restaurant/Bar with high visibility and ample parking on Highway 37.

    1414 Bundy Lane, Bedford, IN 47421

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    Turnkey Restaurant/Bar in Bedford
    $449,000
    0.26 Acres
    Turnkey Restaurant/Bar in Bedford

    Restaurant/Bar with equipment and liquor license in downtown Bedford.

    905 15th Street, Bedford, IN 47421

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    Historic Mixed-Use Bank Building
    $225,000
    0.04 Acres
    Historic Mixed-Use Bank Building

    Landmark building with rooftop patio and street-access basement studio, currently operating as a two-unit apartment.

    31 E Main Street, Gosport, IN 47433

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    Restaurant and Storage Units For Sale
    $495,000
    5,933 SF
    Restaurant and Storage Units For Sale

    Restaurant with tap room and storage units for sale.

    18 N Fourth St, Gosport, IN 47433

    View details

    Bloomington, IN Conventional Restaurants Investment Opportunities Market Analysis

    Explore 2 conventional restaurants for sale in Bloomington, IN on our real estate platform. These investment opportunities span a total of 16,573 square feet of properties for sale, with an estimated market value of $3,140,000.

    Sale prices for conventional restaurants in Bloomington, IN start at $1,570,000, averaging $1,570,000, and reaching up to $1,570,000 — 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

    Bars & Pubs 3
    Conventional restaurants 1
    Drive through restaurants 1

    Demographics Overview

    Population 129K
    Population Growth (5Y) +5.6%
    Median Household Income $60,732
    College Educated 52.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    47404 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.09%
    Property Tax per SF $17.52 per SF
    Tax Rate vs County Average 0.08 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monroe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Bloomington fall within the 5,000 to 10,000 square foot range.

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