Conventional Restaurant

Bloomington, IN Conventional Restaurants for Sale

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Renovated Mini Golf Property
Updated: Jul 16
Renovated Mini Golf Property

4747 W State Road 46, Bloomington, IN 47404

$1,500,000
8,400 sqft
2.82‑acre golf and entertainment property along State Road 46
8,400 SF, three‑level main building constructed in 1994
Mini golf, restaurant and bar operations, outdoor stage, and outdoor bar
2025 Putt Hut addition with potential for a small take‑out restaurant
Updated efficiency apartment with new furnishings and Airbnb‑ready positioning
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Restaurant Building with Warehouse
Updated: Jul 13
Restaurant Building with Warehouse

409 S Walnut St, Bloomington, IN 47401

$3,000,000
7,536 sqft
7,536‑square‑foot building configured for restaurant, cafe, and bar use
More than 10,000 square feet of parking
Kitchen and multiple restrooms included
Conference and meeting area within the building
Open rear garage or warehouse space with its own entry
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See hot listings in Bloomington

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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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.

Downtown Restaurant With Retail Space
Downtown Restaurant With Retail Space

118 E Washington St, Nashville, IN 47448

$850,000
4,044 sqft

Restaurant property combines retail space with indoor and outdoor dining areas.

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Restaurant with Lake Dock
Restaurant with Lake Dock

8939 E Southshore Dr, Unionville, IN 47468

$795,000
2,682 sqft

Operating restaurant with a detached one-bedroom cabin, lake access, included licenses, and on-site parking.

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General Store With Dining Space
General Store With Dining Space

118 E Washington Street, Nashville, IN 47448

$799,000
0.24 AC lot

Retail and dining functions occupy a downtown commercial building with additional outdoor dining.

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Restaurant with Lake Dock
Restaurant with Lake Dock

8939 E Southshore Drive, Unionville, IN 47468

$795,000
0.56 AC lot

Operating dining business with a detached cabin, included equipment, onsite parking, and direct access to Lake Lemon.

View details

Bloomington, IN Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Bloomington, IN on our real estate platform. These investment opportunities span a total of 15,936 square feet of properties for sale, with an estimated market value of $4,500,000.

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 10
Bars & Pubs 5
Commercial kitchens 2
Coffee shops 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 $1.5M
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%

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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