Conventional Restaurant

Muncie, IN Conventional Restaurants for Sale

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Turn-Key Restaurant and Bar
Updated: Feb 6
Turn-Key Restaurant and Bar

3823 N Broadway Avenue, Muncie, IN 47303

$359,900
0.35 AC lot
Includes the real estate, business name, and established operations for Cheers
Sale includes kitchen equipment and business personal property/furnishings
Valuable 3‑way liquor license included with the sale
Kitchen and bar property with central air and off‑street parking
Built in 1960 with asphalt shingle roofing
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NNN Leased Restaurant Investment Opportunity
Updated: Jul 11, 2023
NNN Leased Restaurant Investment Opportunity

809 W McGalliard Rd, Muncie, IN 47303

$3,349,000
5,312 sqft
NNN lease with Brinker International, Inc. (NYSE: EAT) as the tenant.
2.5+ years remaining on the initial lease term with 1.5% annual increases and four 5‑year options.
Located on a high‑traffic commercial road (29,755 VPD) in Muncie, Indiana.
Strong tenant confidence indicated by Brinker retaining ownership of this location after acquiring the unit operator.
Close proximity to Ball State University and IU Health Ball Memorial Hospital.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Muncie, 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.

Turnkey Restaurant, Bar & Event Venue
Turnkey Restaurant, Bar & Event Venue

1001 N WASHINGTON Street, Marion, IN 46952

$379,900
0.57 AC lot

Multi-story hospitality property offered with furnishings, fixtures, equipment, inventory, and liquor license included.

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Restaurant Building with Commercial Kitchen
Restaurant Building with Commercial Kitchen

2222 N Plate Street, Kokomo, IN 46901

$128,277
0.17 AC lot

Restaurant building with commercial hood filter and Ansul fire suppression plus 2 public bathrooms.

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Restaurant Ready Near Battery Plant
Restaurant Ready Near Battery Plant

2222 N Plate Street, Kokomo, IN 46901

$128,277

Zoned for business, ideal for restaurant or retail.

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Freestanding Restaurant Space in Marion
Freestanding Restaurant Space in Marion

1510 W Braewick Dr, Marion, IN 46952

Contact for pricing
6,705 sqft

6,705 sq ft restaurant space in Marion, Indiana.

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Muncie, IN Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Muncie, IN on our real estate platform. These investment opportunities span a total of 5,312 square feet of properties for sale, with an estimated market value of $3,349,000.

Sale prices for conventional restaurants in Muncie, IN start at $3,349,000, averaging $3,349,000, and reaching up to $3,349,000 — 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 4
Drive through restaurants 4
Bars & Pubs 2
Commercial kitchens 1

Demographics Overview

Population 88K
Population Growth (5Y) -2.7%
Median Household Income $52,923
College Educated 37.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47303 $3.4M

Taxes & Financing

Tax Rate (average for all types) 2.15%
Property Tax per SF $47.73 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Delaware County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Muncie fall within the 50,000 to 100,000 square foot range.

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