Conventional Restaurant

Bloomington, IN Conventional Restaurants for Sale

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Renovated Mini-Golf Property
Updated: Mar 2
Renovated Mini-Golf Property

4747 W State Road 46, Bloomington, IN 47404

$1,500,000
2.81 AC lot
8,400 SF three‑level main building with separate Putt Hut support building
2025 Putt Hut addition may support a small take‑out restaurant
Mini‑golf, restaurant, bar, and live entertainment components
Three‑way liquor license included
Digital sign installed in 2025 and identified as income‑producing
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Restaurant Building with Warehouse
Updated: Oct 18, 2024
Restaurant Building with Warehouse

409 S Walnut Street, Bloomington, IN 47401

$3,000,000
0.40 AC lot
Over 7,500 sqft of restaurant, cafe, and bar space
Over 10,000 sqft of parking on a 0.4‑acre site
Rear open garage /warehouse area with its own entry
Kitchen, multiple restrooms, and conference/meeting area
Central Air cooling; concrete, tile, and laminate flooring
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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 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 with Commercial Kitchen
Turn-Key Restaurant with Commercial Kitchen

1414 Bundy Lane, Bedford, IN 47421

$649,900
0.99 AC lot

For sale restaurant property on Hwy 37 with a complete commercial kitchen, party rooms, and ample guest parking.

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Updated Restaurant with Bar
Updated Restaurant with Bar

905 15th Street, Bedford, IN 47421

$449,000
0.26 AC lot

Recently updated restaurant property with included equipment, central air, and off-street parking.

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Restaurant and Storage Units For Sale
Restaurant and Storage Units For Sale

18 N Fourth St, Gosport, IN 47433

Contact for pricing
5,933 sqft

Restaurant with tap room and storage units for sale.

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Restaurant and Tap Room
Restaurant and Tap Room

18 N Fourth Street, Gosport, IN 47433

Contact for pricing
0.23 AC lot

Operating pizza restaurant and tap room with extensive included equipment and an overhead delivery door.

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Bloomington, IN Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Bloomington, IN on our real estate platform.

Sale prices for conventional restaurants in Bloomington, IN start at $1,500,000, averaging $2,250,000, and reaching up to $3,000,000 — 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 5
Bars & Pubs 3
Coffee shops 1
Commercial kitchens 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
47401 $3M

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%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monroe County

Residential Income

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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