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Donut Shop Restaurant Sale
For Sale
$670,500

1550 W Washington St, Crawfordsville, IN 47933

Family-owned donut shop offering fresh morning donuts, catering, and community events.

Property Size5,364 SF
Price / SF$125
Days on Market66

Property Features for 1550 W Washington St

General Information

Standard status Active
Size 5,364 SF
Property subtype Shopping Strip

Amenities

Value-Add Bite Sized Price Point Strip Center
77 Percent Occupied Four-Tenant Strip | Anchored by Jack's Donuts (Nine Locations in Indiana)
Embedded Rent Growth Scheduled for 2027 | 13.04 Percent Rent Growth in Base Lease Terms by September 2027
Located Down the Street from Home Depot, Walmart and the New $38 Million Kroger Marketplace Development
Minimal Near-Term Lease Rollover Risk with 55 Percent of the GLA Leased until at least August 2029

Building Details

Building Size 5,364 SF
Year Built 1998
Listing Agency: Marcus & Millichap - Indianapolis
Listed By: Luke Marsh · License #License(s): IN: RB25000950
Source: Marcusmillichap
Added: Jun 22 Changed: Aug 24 Last Checked: Aug 26 at 5:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Indianapolis

Investment Insights

Based on property information with market context.

This for-sale restaurant opportunity is centered on a family-owned donut shop known for selling fresh donuts every morning. The business is Jack’s Donuts, founded in 1961 in New Castle, Indiana, and it has grown to nine locations across Indiana. In addition to day-to-day sales, the operation supports catering and community events, and the brand also offers franchising opportunities.

The property is located at 1550 S Washington St in Crawfordsville, Indiana. The offering includes the established concept and brand recognition associated with Jack’s Donuts as described in the remarks.

For buyers or operators seeking a turnkey restaurant brand with an established footprint, this presents a focused food-service use built around fresh daily production, plus revenue channels tied to catering and community events. The stated franchising component may also appeal to an owner interested in expanding the brand model beyond the property.

Key Highlights

  • Family‑owned donut shop with fresh donuts sold every morning
  • Year built: 1998
  • Founded in 1961 in New Castle, Indiana and operated for 65 years

Property Analytics

Current Use

Jack's donuts Bakery

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply HVAC Service Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

288
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47933, IN

28,092
Population
12,254
Households
2.3
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
235.7 sq mi
ZIP Area
119
Density / Sq Mi
$61,968
Median Household Income
$39,343
Median Earnings
$822
Median Rent
$176,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Breakfast & diner - Family-owned donut shop offering fresh morning donuts, catering, and community events.
Where is this breakfast & diner located?
The property is located at 1550 W Washington St Crawfordsville, IN.
What is the asking price?
The asking price for this property is $670,500.
What are key features of this property?
This property features: Family‑owned donut shop with fresh donuts sold every morning; Year built: 1998; Founded in 1961 in New Castle, Indiana and operated for 65 years
More about this property
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