Restaurant-Leased Income
For Sale
Contact for pricing
2708- 2724 Highway Avenue, Highland, IN 46322
Mixed-use income property with a restaurant under NNN lease plus attached residential units and a paved parking lot.
Property Size9,757 SF
Days on Market122
Property Features for 2708- 2724 Highway Avenue
General Information
Standard status
Active
Size
9,757 SF
Total Parking Spaces
22
Property subtype
Retail
Listing Agency:
Baker commercial real estate
Listed By:
Kimberly Baker CCIM SIOR · License #IN 14024278
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 3:23PM
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 Baker commercial real estate
Investment Insights
Based on property information with market context.
Located downtown Highland at 2708–2724 Highway Avenue, this multi-building income property includes a restaurant building and residential improvements across three parcel numbers. One building is identified as approximately 2,600 square feet, and a second building is identified as approximately 5,033 square feet, which includes a restaurant operating under an NNN lease.
Also included is a 2-bedroom house with approximately 1,162 square feet on the main level, a full basement, and an additional 1-bedroom apartment with approximately 962 square feet on the second floor of the house. The property includes a 2-car garage and an on-site parking lot of approximately 5,600 square feet with approximately 22 parking spaces, supporting both tenants and visitors.
Parcel identifiers for the offering are (1) 45-07-21-380-002.000-026, (2) 45-07-21-380-003.000-026, and (3) 45-07-21-380-004.000-026.
Also included is a 2-bedroom house with approximately 1,162 square feet on the main level, a full basement, and an additional 1-bedroom apartment with approximately 962 square feet on the second floor of the house. The property includes a 2-car garage and an on-site parking lot of approximately 5,600 square feet with approximately 22 parking spaces, supporting both tenants and visitors.
Parcel identifiers for the offering are (1) 45-07-21-380-002.000-026, (2) 45-07-21-380-003.000-026, and (3) 45-07-21-380-004.000-026.
Key Highlights
- Mixed‑use income property with a restaurant under NNN lease and attached residential units
- Restaurant building: 5,033 SF
- Additional building: 2,600 SF
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46322, IN
23,984
Population
10,791
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,476
Density / Sq Mi
$76,219
Median Household Income
$47,458
Median Earnings
$1,202
Median Rent
$219,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Mixed-use income property with a restaurant under NNN lease plus attached residential units and a paved parking lot.
Where is this conventional restaurant located?
The property is located at 2708- 2724 Highway Avenue Highland, IN.
What are key features of this property?
This property features: Mixed‑use income property with a restaurant under NNN lease and attached residential units; Restaurant building: 5,033 SF; Additional building: 2,600 SF
