Indianapolis, IN Conventional Restaurants for Sale

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Updated: Oct 11, 2025

Multi-Tenant Mixed-Use Buildings

1915 Southeastern Avenue, Indianapolis, IN 46201

$750,000

9,720 sqft

Two income‑producing buildings on one parcel (sold together; owner will not divide).
Restaurant building leased for $3,500/month; tenant pays all utilities; lease up July 2026.
Second building includes multiple leasable areas, including a former $3,500/month daycare configuration.
Additional space includes 4 private offices, reception/front desk, a large conference room, and breakroom (previously leased for $3,500/month).
Warehouse/auto supply area previously leased for $2,500/month; tenants would pay utilities (per current/past setups).

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This listing looks promising.

Here's a quick look at some key insights for

1915 Southeastern Avenue, Indianapolis, IN 46201

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Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$59K
Annual
Mortgage

$185K
Dec 2023
Property Type

Commercial Office (General)
Built 1905

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Updated: Aug 15

Commercial Shopping Center

2915 N German Church Road, Indianapolis, IN 46229

$1,850,000

3.48 AC lot

3.48‑acre commercial property
DP zoning
Built in 2005
2915 N German Church Road, Indianapolis, IN 46229
Located in the Far Eastside retail corridor

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Restaurant Building with Monument Sign

5527 N Keystone Avenue, Indianapolis, IN 46220

$685,000

0.30 AC lot

Restaurant-configured property with signalized access, dedicated parking, and a prominent roadside sign.

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Two-Building Mixed-Use Property

1915 Southeastern Avenue, Indianapolis, IN 46201

$750,000

0.45 AC lot

C-3-zoned commercial asset with multi-suite space, warehouse capability, and a leased restaurant component.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Renovated Restaurant with Kitchen Equipment

2023 Southeastern Avenue, Indianapolis, IN 46201

$520,000

0.26 AC lot

C1-zoned restaurant includes installed food-service equipment, furnishings, and a 3 way liquor license.

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Established Bar & Pub with Kitchen

7628 Southeastern Avenue, Indianapolis, IN 46239

$675,000

0.65 AC lot

Operating venue with food-service infrastructure, a pool table, and an outdoor seating area.

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Ground-Floor Restaurant & Retail Space

211 North Pennsylvania Street, Indianapolis, IN 46204

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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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Freestanding Restaurant Building

6243 W Washington St, Indianapolis, IN 46241

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3,138 sqft 0.81 AC lot

Former restaurant property along W Washington St with proximity to Indianapolis International Airport.

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Net-Leased Restaurant Sports Bar

7040 McFarland Blvd, Indianapolis, IN 46237

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4,000 sqft 2.37 AC lot

Single-tenant net-leased restaurant & sports bar with minimal landlord responsibilities limited to roof and structural components.

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Drive-Through Restaurant Building

6010 W 86 St, Indianapolis, IN 46278

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3,314 sqft 1.17 AC lot

Restaurant property with an existing drive-through and patio.

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Creative Office & Restaurant Building

409 Massachusetts Ave, Indianapolis, IN 46204

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16,095 sqft

Four-story building with mezzanine, featuring available office floors and first-floor restaurant/lounges.

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Mixed-Use Building with Patio

6406 Cornell Ave, Indianapolis, IN 46220

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6,977 sqft

Architecturally distinctive mixed-use building with above-grade space on two floors plus a full basement.

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Single-Tenant Absolute NNN Restaurant

7345 E Washington St, Indianapolis, IN 46219

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5,230 sqft

Absolute NNN-leased Applebee99s single-tenant restaurant in Indianapolis, operated by Flynn Group and guaranteed by Apple American Group LLC.

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Freestanding Restaurant with Drive-Thru

3530 Mann Rd, Indianapolis, IN 46221

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2,520 sqft

Freestanding restaurant building with a drive-thru window and room for both dine-in and drive-thru service.

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Two-Story Restaurant with Rooftop Deck

42 W South St, Indianapolis, IN 46225

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11,864 sqft

Modern two-story restaurant building with rooftop deck, basement office/work areas, and a fully equipped kitchen and bar.

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Dairy Queen Quick-Service Restaurant

2935 W 71st St, Indianapolis, IN 46268

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For sale quick-service Dairy Queen restaurant located at 2935 W 71st St in Indianapolis, Indiana.

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Ground-Lease Restaurant with Double Drive-Thru

9020 Rockville Rd, Indianapolis, IN 46234

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Absolute NNN ground lease secured by Texas Roadhouse, featuring a double drive-thru lane and new 2022 construction.

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Burger King NNN Restaurant

7801 South Meridian, Indianapolis, IN 46217

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Newer built Burger King offered for sale with an absolute NNN lease and 13 years remaining.

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Historic Restaurant Building

634 Virginia Ave, Indianapolis, IN 46203

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Sale includes a fully rehabbed historic restaurant building with FF&E and a 3-way 210 liquor license.

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Restaurant and Bar Outlot

5910 W. 86th St, Indianapolis, IN 46278

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Mexican restaurant and bar located on an outlot in front of a large community center anchored by major retailers and an AMC theater.

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Lighted Marquee Restaurant Building

5170 W Washington St, Indianapolis, IN 46241

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Closed Church's Chicken site offers lighted marquee signage, parking for 20+, and C-5 zoning for retail or restaurant use.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Indianapolis, IN

Indianapolis, IN Conventional Restaurants Market Trends and Statistics

Explore 21 conventional restaurants for sale in Indianapolis, IN, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 74,570 square feet of properties for sale, with an estimated market value of $5,230,000.

Sale prices for conventional restaurants in Indianapolis, IN start at $520,000, averaging $871,666, and reaching up to $1,850,000 — 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

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
46205	$199.9K
46221	$605K
46241	$659K
46201	$667.5K
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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Indianapolis, IN Conventional Restaurants for Sale

1915 Southeastern Avenue, Indianapolis, IN 46201

2915 N German Church Road, Indianapolis, IN 46229

5527 N Keystone Avenue, Indianapolis, IN 46220

1915 Southeastern Avenue, Indianapolis, IN 46201

2023 Southeastern Avenue, Indianapolis, IN 46201

7628 Southeastern Avenue, Indianapolis, IN 46239

211 North Pennsylvania Street, Indianapolis, IN 46204

6243 W Washington St, Indianapolis, IN 46241

7040 McFarland Blvd, Indianapolis, IN 46237