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    Evansville, IN
    Conventional Restaurant

    Evansville, IN Conventional Restaurants for Sale

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    7 properties
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    Restored Restaurant Building with Rooftop Deck
    Updated: Jun 22
    Restored Restaurant Building with Rooftop Deck

    22 NW Sixth Street, Evansville, IN 47708

    $950,000
    0.07 AC lot
    Structural and MEP upgrades completed in 2017
    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
    Three‑phase electric service
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    Restaurant-Ready Retail or Office
    Updated: Jul 24
    Restaurant-Ready Retail or Office

    4321 N Hwy 41, Evansville, IN 47711

    $350,000
    3,638 sqft
    Former Denny's restaurant building set up for restaurant use
    Could be converted to other retail or office uses
    Located on US Hwy 41 with an estimated 33,000 vehicles per day traffic count
    3638 SF building
    Zoned M‑2
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    Mixed-Use Portfolio With Equipment
    Mixed-Use Portfolio With Equipment

    607 N Main St, Evansville, IN 47711

    $1,500,000
    11,476 sqft

    Four-building commercial portfolio with restaurant improvements, apartments, and a paved parking area.

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    See what stands out in Vanderburgh County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Conventional Restaurant with Drive-Through
    Conventional Restaurant with Drive-Through

    2311 West Virginia Street, Evansville, IN 47712

    Contact for pricing
    1,656 sqft

    Existing furnishings and restaurant equipment remain in place for a ready-to-adapt food-service layout.

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    Taco Bell NNN Property
    Taco Bell NNN Property

    1001 N. Green River Rd, Evansville, IN 47715

    Contact for pricing
    2,349 sqft

    Absolute NNN structure with 1.50% annual rent increases and an established operating history.

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    Former Burger King Restaurant
    Former Burger King Restaurant

    900 920 N Main St, Evansville, IN 47711

    Contact for pricing

    Restaurant building with kitchen equipment and an adjoining paved parking lot.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Single-Tenant Absolute NNN Property
    Single-Tenant Absolute NNN Property

    2100 N Green River Rd, Evansville, IN 47715

    Contact for pricing

    Freestanding casual dining asset supported by a corporate guaranty and landlord-free lease structure.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 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.

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    Restaurant with Full Kitchen
    Restaurant with Full Kitchen

    7247 Main Street, Wadesville, IN 47638

    $649,900
    0.74 AC lot

    Operational dining property with a spacious dining area, on-site parking, and a roadside position in Wadesville.

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    Established Restaurant and Bar Property
    Established Restaurant and Bar Property

    7006 State Route 815, Owensboro, KY 42301

    $325,000
    0.55 AC lot

    Restaurant and bar improvements include seller-provided furniture, fixtures, and equipment.

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    Established Restaurant With Bar
    Established Restaurant With Bar

    7006 Hwy 815, Owensboro, KY 42301

    $325,000
    0.55 AC lot

    Operating food-and-beverage property with included furnishings, equipment, paved parking, and an approximately half-acre site.

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    Evansville, IN Conventional Restaurants Market Trends and Statistics

    Explore 7 conventional restaurants for sale in Evansville, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 19,119 square feet of properties for sale, with an estimated market value of $2,800,000.

    Sale prices for conventional restaurants in Evansville, IN start at $350,000, averaging $933,333, and reaching up to $1,500,000 — 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 12
    Drive through restaurants 10
    Bars & Pubs 7
    Commercial kitchens 1

    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
    47711 $925K
    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)

    Property Size Breakdown

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

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    Popular Searches in Evansville, IN

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    Most Searched ZIP Codes in Evansville, IN

    • 47711
    • 47715
    • 47708
    • 47712

    Featured Evansville Real Estate Agencies

    Realmo connects you with licensed Evansville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Berkshire Hathaway HomeServices Indiana Realty
    4111 Washington Avenue Evansville, IN 47714
    Phone: 18124550370
    www.bhhsinevansville.com/

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