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    Cloverdale, IN
    Conventional Restaurant

    Cloverdale, IN Conventional Restaurants for Sale

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    Greencastle, IN Quincy, IN Spencer, IN Poland, IN Martinsville, IN Gosport, IN Reelsville, IN Stilesville, IN
    Two-Space Mixed-Use Property
    Updated: Oct 1
    Two-Space Mixed-Use Property

    9987 S IN-243, Cloverdale, IN 46120

    $250,000
    1.40 AC lot
    Two separate spaces: former bait and tackle retail area and small restaurant
    1.4‑acre site with commercial zoning
    Located on IN‑243, less than a mile from Interstate 70
    More than 2,000 vehicles pass daily
    Cataract Lake is a few miles away
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    Absolute Net Subway Restaurant
    Updated: May 14
    Absolute Net Subway Restaurant

    1032 N Main St, Cloverdale, IN 46120

    $739,000
    1,620 sqft
    Subway restaurant offered on an absolute net basis
    Located in Cloverdale, Indiana
    6.25% stated in the listing remarks
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    Two-Space Mixed-Use Building
    Two-Space Mixed-Use Building

    9987 S State Road 243, Cloverdale, IN 46120

    $250,000

    Separate retail and food-service areas support distinct or combined commercial operations.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Cloverdale, 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.

    Bar and Event Facility
    Bar and Event Facility

    25 N Commercial St, Worthington, IN 47471

    $249,900
    5,096 sqft

    An existing liquor license accompanies a commercial kitchen and bar, supporting food-and-beverage operations.

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    Equipped Bar & Event Facility
    Equipped Bar & Event Facility

    25 N Commercial Street, Worthington, IN 47471

    $249,900
    0.94 AC lot

    Highway-accessible hospitality property with a commercial kitchen, existing liquor license, and flexible gathering space.

    View details
    Equipped Restaurant With Tap Wall
    Equipped Restaurant With Tap Wall

    18 N Fourth Street, Gosport, IN 47433

    $425,000
    0.23 AC lot

    Operating food-and-beverage venue with commercial kitchen equipment, storage units, and delivery access.

    View details
    Downtown Restaurant With Tap Wall
    Downtown Restaurant With Tap Wall

    18 N Fourth Street, Gosport, IN 47433

    Contact for pricing
    0.23 AC lot

    Food-and-beverage property with commercial kitchen equipment and overhead delivery access.

    View details

    Cloverdale, IN Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Cloverdale, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,620 square feet of properties for sale, with an estimated market value of $1,239,000.

    Sale prices for conventional restaurants in Cloverdale, IN start at $250,000, averaging $413,000, and reaching up to $739,000 — 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

    Demographics Overview

    Population 6,138
    Population Growth (5Y) +20.6%
    Median Household Income $55,192
    College Educated 18.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46120 $739K

    Taxes & Financing

    Tax Rate (average for all types) 2.13%
    Property Tax per SF $45.41 per SF
    Tax Rate vs County Average 0.46 pp below county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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