Conventional Restaurant

North Vernon, IN Conventional Restaurants for Sale

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Vernon, IN Butlerville, IN Scipio, IN Seymour, IN Elizabethtown, IN Westport, IN Jonesville, IN Columbus, IN
Established Fish Shop Restaurant
Updated: Aug 19
Established Fish Shop Restaurant

910 S State St, North Vernon, IN 47265

$179,900
Established Fish Shop business location
Conventional restaurant property offered for sale
Located at 910 S State St, North Vernon, IN
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Absolute NNN Restaurant Property
Updated: Jan 20
Absolute NNN Restaurant Property

971 N State St, North Vernon, IN 47265

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2,936 sqft
2,936‑square‑foot restaurant property at 971 N State St, North Vernon, IN 47265
Absolute NNN lease with over 11 years remaining on the initial 15‑year term
10% rent escalations scheduled every 5 years
Personally guaranteed lease backed by MJB Management Group, LLC
YE 2024 rent‑to‑sales ratio of 4.12%
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in North Vernon, 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 with Entertainment Space
Restaurant with Entertainment Space

151 Batesville Shopping Village, Batesville, IN 47006

$750,000
5,548 sqft

Includes a full kitchen, dishwashing room, coolers, and an outdoor courtyard.

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Two-Story Brick Restaurant Building
Two-Story Brick Restaurant Building

200 S Chestnut St, Seymour, IN 47274

$499,000
4,400 sqft

Operating diner property with additional commercial space and a second-floor apartment at a US Highway 50 corner.

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Restaurant Property with Covered Dining
Restaurant Property with Covered Dining

2200 N Ewing St, Seymour, IN 47274

$279,000
645 sqft 1.79 AC lot

Standalone restaurant property with extensive covered outdoor seating, an ancillary garage, and circular dual-driveway access.

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Freestanding NNN Restaurant Property
Freestanding NNN Restaurant Property

912 State Road 229, Batesville, IN 47006

$1,800,000

Church’s Chicken operates the freestanding quick-service restaurant under a new long-term lease structure.

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North Vernon, IN Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in North Vernon, IN on our real estate platform. These investment opportunities span a total of 2,936 square feet of properties for sale, with an estimated market value of $179,900.

Sale prices for conventional restaurants in North Vernon, IN average $179,900 — 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 2

Demographics Overview

Population 21K
Population Growth (5Y) +2.5%
Median Household Income $65,877
College Educated 19.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47265 $179.9K

Taxes & Financing

Tax Rate (average for all types) 2.67%
Property Tax per SF $53.60 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in North Vernon fall within the 10,000 to 25,000 square foot range.

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