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    Conventional Restaurant

    Indianapolis, IN Conventional Restaurants for Sale

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    Beech Grove, IN Lawrence, IN Carmel, IN Fishers, IN Greenfield, IN Avon, IN Greenwood, IN Plainfield, IN
    7 properties
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    Restaurant/QSR With Drive-Thru Potential
    Updated: May 27
    Restaurant/QSR With Drive-Thru Potential

    5527 N Keystone Avenue, Indianapolis, IN 46220

    $685,000
    0.30 AC lot
    High‑exposure restaurant/QSR site at 5527 N Keystone Avenue on a signalized retail corridor near 56th Street
    Formerly a donut concept; currently configured for restaurant use with existing restaurant infrastructure
    Approximately 1,795 SF restaurant‑ready building with a flexible layout for quick‑service/fast casual concepts
    Dedicated parking and large monument sign; positioned between Subway and Wendy's and across from Meijer Supercenter
    Recent updates: new roof (2023), new parking lot (2023), new RTU (2024), interior buildout (2023), new dumpster enclosure (2025)
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    Two-Building Flex and Restaurant Property
    Updated: Nov 24, 2025
    Two-Building Flex and Restaurant Property

    1915 Southeastern Avenue, Indianapolis, IN 46201

    $750,000
    0.45 AC lot
    Two commercial buildings on one parcel in downtown Indianapolis, less than 1 mile from I‑65 and near Fountain Square and the new Community Justice Campus.
    Seller survey allows the buildings to be sold separately; pricing listed at $550,000 for ~7,200 SF blue building and $275,000 for ~2,500 SF restaurant building.
    Purchase both for a package price of $750,000; restaurant building is leased for $3,500/month with tenant paying utilities.
    Restaurant lease expires July 2026; tenant has expressed interest in renewing.
    Approx. 7,200 SF blue building includes multiple suites (floor plan available) with former daycare space, professional offices (reception, conference room, breakroom) and warehouse/retail/service space.
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    Restaurant-to-Office Conversion Building
    Restaurant-to-Office Conversion Building

    2280 S Meridian Street, Indianapolis, IN 46225

    $180,000
    0.20 AC lot

    Former restaurant/bar building with upstairs restroom area, offering flexible space within a Commercial-zoned setting.

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    Downtown Retail Investment Opportunity
    Downtown Retail Investment Opportunity

    141 S Meridian St, Indianapolis, IN 46225

    $7,000,000
    13,110 sqft

    Two-tenant retail condos in Indianapolis' central business district.

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    Restaurant Ready Commercial Spot
    Restaurant Ready Commercial Spot

    720 E 38th St, Indianapolis, IN 46205

    $199,900
    0.26 AC lot

    High-visibility commercial spot, turnkey-ready with ample parking.

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    Turn-Key Restaurant with Liquor License
    Turn-Key Restaurant with Liquor License

    2023 Southeastern Avenue, Indianapolis, IN 46201

    $520,000
    0.26 AC lot

    Completely renovated 2023 restaurant includes core kitchen equipment and a 3-way liquor license plus on-site parking.

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    Ground-Floor Restaurant & Retail Space
    Ground-Floor Restaurant & Retail Space

    211 North Pennsylvania Street, Indianapolis, IN 46204

    Contact for pricing
    11,712 sqft

    Ground-floor restaurant and retail space with an outdoor dining terrace in a high-rise tower with valet and garage access.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Indianapolis, 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 and Tap Room With Equipment
    Restaurant and Tap Room With Equipment

    18 N Fourth Street, Gosport, IN 47433

    $425,000
    0.23 AC lot

    Turnkey pizza restaurant and tap room setup includes commercial refrigeration, cooking equipment, and tap wall for service.

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    Entertainment Restaurant and Mini Golf
    Entertainment Restaurant and Mini Golf

    4747 W State Road 46, Bloomington, IN 47404

    $1,500,000
    2.81 AC lot

    Fully renovated entertainment property with mini golf, bar/restaurant operations, an outdoor live stage, and a short-term rental apartment.

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    Restaurant and Warehouse Building
    Restaurant and Warehouse Building

    409 S Walnut Street, Bloomington, IN 47401

    $3,000,000
    0.40 AC lot

    Restaurant/cafe/bar building with multiple restrooms, kitchen, and an open rear garage/warehouse area with its own entry.

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    Restaurant and Storage Units For Sale
    Restaurant and Storage Units For Sale

    18 N Fourth St, Gosport, IN 47433

    $425,000
    5,933 sqft

    Restaurant with tap room and storage units for sale.

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    Indianapolis, IN Conventional Restaurants Market Trends and Statistics

    Explore 7 conventional restaurants for sale in Indianapolis, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 2,506 square feet of properties for sale, with an estimated market value of $520,000.

    Sale prices for conventional restaurants in Indianapolis, IN start at $520,000, averaging $520,000, and reaching up to $520,000 — 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

    Drive through restaurants 14
    Conventional restaurants 11
    Bars & Pubs 9
    Coffee shops 8
    Turn key restaurants 2

    Demographics Overview

    Population 979K
    Population Growth (5Y) +2.8%
    Median Household Income $67,417
    College Educated 30.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46225 $180K
    46205 $199.9K
    46201 $596.7K
    46220 $685K

    Taxes & Financing

    Tax Rate (average for all types) 2.46%
    Property Tax per SF $41.61 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Indianapolis, IN

    • 46201
    • 46225
    • 46204
    • 46205
    • 46220

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