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    3835 E 96Th St Indianapolis, IN 46240

    For Sale
    Contact for pricing

    Former restaurant with frontage on 96th Street in Indianapolis.

    Property size:
    8,545 SF

    Property Features for 3835 E 96Th St

    General Information

    Size
    8,545 SF

    Building Details

    Year built
    2003

    Source: Steve Madura Agent Steve Madura

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant/Retail Opportunity in Keystone Crossing

    This former restaurant building is located in the Keystone at the Crossing area and offers frontage on 96th Street. The property is situated in a retail corridor with proximity to Carmel and Fishers. Adjacent to a new 180-room Marriott International hotel, it is near restaurants such as Cooper’s Hawk Winery & Restaurant and other national chains. The sale includes all furniture, fixtures, and equipment. The property features a front terrace and an expansive wrap-around patio with a fireplace for additional seating. The location benefits from strong traffic counts, with over 30,000 vehicles per day. The surrounding area has a population of 176,000 within a 5-mile radius. Market co-tenants include Acura, Cooper’s Hawk Winery & Restaurant, Marriott International, and Mercedes-Benz. Carmel, Indiana, is recognized for its urban planning and has received awards for its park systems. The city's infrastructure, development, arts, entertainment, and culture attract businesses. The Meridian Street Corridor hosts over 125 corporate headquarters and is the second-largest concentration of office workers in Indiana. This property presents a turnkey opportunity for a restaurant or retail user.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wawa Convenience Store

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.100437
    Latitude
    39.925654

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant with frontage on 96th Street in Indianapolis.
    Where is this restaurant located?
    The property is located at 3835 E 96Th St Indianapolis, IN.
    What are key features of this property?
    This property features: - Turnkey restaurant/retail opportunity with all furniture, fixtures, and equipment (FF&E) included.; - Prime frontage on highly traveled 96th Street in a popular retail corridor.; - Located in the desirable Keystone at the Crossing area with strong demographics.
    (847) 504-2478
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    3835 E 96Th St Indianapolis, IN 46240
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    Indianapolis, IN 46240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3835 E 96Th St Indianapolis, IN 46240
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