Conventional Restaurant

Lafayette, IN Conventional Restaurants for Sale

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Chuy’s Freestanding Restaurant
Updated: Aug 21
Chuy’s Freestanding Restaurant

110 South Creasy Lane, Lafayette, IN 47905

$2,420,000
5,100 sqft
5,100‑square‑foot freestanding restaurant
Built in 2020
Chuy’s restaurant in Lafayette, IN
8.3‑year NNN ground lease
100% simple interest offered
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Single-Tenant Restaurant Property
Updated: Aug 13
Single-Tenant Restaurant Property

91 North 36th Street, Lafayette, IN 47905

Contact for pricing
8,868 sqft
8,868‑square‑foot single‑tenant restaurant property
Occupied by Cheddar’s Scratch Kitchen
Absolute NNN lease structure
Approximately 9.3 years of primary lease term remaining
1.50% annual rent escalations
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Turnkey Restaurant and Event Space
Turnkey Restaurant and Event Space

622 Main St, Lafayette, IN 47901

Contact for pricing
21,000 sqft

Turnkey restaurant/bar within a three-story brick building featuring a dedicated banquet facility on the second floor.

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See what stands out in Tippecanoe 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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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Lafayette, 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.

Corner Former Restaurant Property
Corner Former Restaurant Property

5024 Norway Rd, Monticello, IN 47960

$139,900
5,487 sqft

Corner-site restaurant property with asphalt parking and a city water tap already in place.

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Turnkey Restaurant and Bar
Turnkey Restaurant and Bar

234 N Main St, Monticello, IN 47960

Contact for pricing
4,895 sqft

Turnkey restaurant and bar property with a full commercial kitchen and included dining, bar, and equipment package.

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Mixed-Use Property with Food Service Buildout
Mixed-Use Property with Food Service Buildout

300 North Jackson Street, Frankfort, IN 46041

$249,000
7,841 sqft

Two commercial uses share a brick-and-metal building near downtown and across from Prairie Creek Park.

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Historic Restaurant and Sports Bar
Historic Restaurant and Sports Bar

56 N Main St, Frankfort, IN 46041

Contact for pricing

Historic restaurant and sports bar with banquet rooms, veranda seating, updated interiors, and an upstairs leased condominium.

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Lafayette, IN Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Lafayette, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 34,968 square feet of properties for sale, with an estimated market value of $2,420,000.

Sale prices for conventional restaurants in Lafayette, IN average $2,420,000 — 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 3
Bars & Pubs 1
Coffee shops 1

Demographics Overview

Population 180K
Population Growth (5Y) +2.3%
Median Household Income $57,549
College Educated 32.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47905 $2.4M

Taxes & Financing

Tax Rate (average for all types) 2.08%
Property Tax per SF $27.86 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tippecanoe County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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