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    Evansville, IN
    Conventional Restaurant

    Evansville, IN Conventional Restaurants for Sale

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    Henderson, KY Newburgh, IN Chandler, IN Corydon, KY Mount Vernon, IN Darmstadt, IN Harrodsburg, KY Boonville, IN
    Restored Bar and Restaurant Building
    Updated: Jun 22
    Restored Bar and Restaurant Building

    22 NW Sixth Street, Evansville, IN 47708

    $950,000
    0.07 AC lot
    2017 complete structural & MEP upgrades include 3‑phase electric
    Full code kitchen with grease trap and 11' hood
    Second‑floor bar and cocktail lounge with separate street‑front entrance and egress
    Rooftop deck with sunset views
    Year built 1905; rubber roof, concrete and vinyl flooring, and central air
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    Leased Mexican Restaurant Outparcel
    Updated: Apr 24
    Leased Mexican Restaurant Outparcel

    990 S Green River Rd, Evansville, IN 47715

    Contact for pricing
    11,565 sqft 1.47 AC lot
    11,565 SF Mexican restaurant building on ~1.47 acres at the signalized hard‑corner of Washington Ave and S Green River Rd.
    Near 30,000 cars per day exposure along S Green River Rd, with strong frontage and visibility.
    Ground lease: landlord responsibility is stated as zero responsibility per the listing.
    Lease set to expire November 23, 2037, providing more than 15 years remaining.
    Ten‑year lease extension agreed in March 2021, more than six years early, with 5% rent increases every five years (base and renewals).
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Evansville, 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 Opportunity
    Turn-Key Restaurant Opportunity

    7247 Main St, Wadesville, IN 47638

    $649,900
    3,606 sqft

    Established restaurant with loyal clientele in Posey County.

    View details
    Turn-Key Restaurant with Parking
    Turn-Key Restaurant with Parking

    7247 Main Street, Wadesville, IN 47638

    $649,900
    0.74 AC lot

    Turn-key restaurant offering a fully operational kitchen, spacious dining, and ample on-site parking in a high-traffic roadside setting.

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    Princeton Commercial Building with Business
    Princeton Commercial Building with Business

    217 N Main Street, Princeton, IN 47670

    $300,000
    3,000 sqft

    Commercial building with going business and ample parking.

    View details
    Restaurant with Outdoor Event Area
    Restaurant with Outdoor Event Area

    217 N Main Street, Princeton, IN 47670

    $300,000
    0.67 AC lot

    Offer includes a building with bar and dining/arcade space, plus covered outdoor seating and a fenced event area.

    View details

    Evansville, IN Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Evansville, IN on our real estate platform. These investment opportunities span a total of 11,565 square feet of properties for sale, with an estimated market value of $950,000.

    Sale prices for conventional restaurants in Evansville, IN start at $0.00, averaging $475,000, and reaching up to $950,000 — 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 5
    Conventional restaurants 3
    Drive through restaurants 3
    Commercial kitchens 2
    Turn key restaurants 2

    Demographics Overview

    Population 183K
    Population Growth (5Y) +10.0%
    Median Household Income $64,157
    College Educated 10.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    47708 $950K

    Taxes & Financing

    Tax Rate (average for all types) 2.78%
    Property Tax per SF $43.26 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vanderburgh County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

    Property Size Breakdown

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

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    • 47708
    • 47715

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