Conventional Restaurant

Elkhart, IN Conventional Restaurants for Sale

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Restaurant Building with Kitchen
Updated: Dec 2, 2025
Restaurant Building with Kitchen

822 N Michigan St, Elkhart, IN 46514

$145,000
0.11 AC lot
Existing kitchen infrastructure for restaurant use
0.11‑acre parcel at 822 N Michigan St
Central air conditioning
Tile flooring and basement space
Shingle roof
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Leased Restaurant and Mixed-Use Site
Updated: Jun 4
Leased Restaurant and Mixed-Use Site

705 E County Road 6 Rd, Elkhart, IN 46514

$2,495,000
16,150 sqft 3.42 AC lot
Fully leased 16,150 SF restaurant building on a PUD: Planned Unit Development–zoned site
3.42 acres with nearly 400 ft of frontage on heavily traveled CR 6 E (over 18,000 cars daily) just off SR 19 (over 20,000 cars daily)
Year built: 1988
Individually metered gas forced air heating, central A/C, 200‑amp electrical service, handicap accessible restrooms, and storage areas
3‑way liquor license included in the price (used by Margarita's Mexican Restaurant)
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Restaurant Building Near Concord Mall
Restaurant Building Near Concord Mall

3535 S Main St, Elkhart, IN 46517

Contact for pricing
6,872 sqft

Freestanding restaurant near Concord Mall with ample parking.

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See hot listings in Elkhart

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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Elkhart, 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.

Restaurant with Fully Equipped Kitchen
Restaurant with Fully Equipped Kitchen

218 E Vistula St, Bristol, IN 46507

$330,000
1,276 sqft

Downtown Bristol property combines dine-in space, restaurant infrastructure, and an operating business under one ownership opportunity.

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Restaurant with Bar and Stage
Restaurant with Bar and Stage

512 Lincolnway West, Osceola, IN 46561

Contact for pricing
4,522 sqft

Established restaurant business with dining, entertainment, bar, and outdoor seating areas.

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Restaurant Building with Equipped Kitchen
Restaurant Building with Equipped Kitchen

218 E Vistula Street, Bristol, IN 46507

$330,000
0.09 AC lot

Operating restaurant property with dining space, business assets, and customer-facing improvements in downtown Bristol.

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Restaurant with Bar and Entertainment
Restaurant with Bar and Entertainment

512 Lincolnway Highway, Osceola, IN 46561

$595,000
0.67 AC lot

Restaurant sale includes the business, equipment, dedicated parking, and outdoor seating.

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Elkhart, IN Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Elkhart, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 23,022 square feet of properties for sale, with an estimated market value of $2,640,000.

Sale prices for conventional restaurants in Elkhart, IN start at $145,000, averaging $1,320,000, and reaching up to $2,495,000 — 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
Commercial kitchens 1

Demographics Overview

Population 99K
Population Growth (5Y) -0.8%
Median Household Income $57,378
College Educated 17.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46514 $1.3M

Taxes & Financing

Tax Rate (average for all types) 2.57%
Property Tax per SF $42.55 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Elkhart County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Elkhart fall within the 100,000+ square foot range.

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