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Corner Bar Building
New
For Sale
$150,000

2848 Maywood Road, Indianapolis, IN 46241

The current bar operation is expected to continue until a purchase offer is accepted.

Property Size2,601 SF
Lot Size0.13 Acres
Price / SF$57.67
Days on Market5

Property Features for 2848 Maywood Road

General Information

Standard status Active
Size 2,601 SF
Lot size 0.13 Acres
Property subtype SCR-REST
Zoning D5

Additional Details

Furnished No
Asking Price $150,000
Road Access Yes
Equipment Included No

Building Details

Building Size 2,601 SF
Year Built 1920
Buildings 1
Stories 1
Listing Agency: Keller Williams Indy South
Listed By: Teresa Harwood · License #RB14039040
Source: Realnex
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 2:32PM

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 Keller Williams Indy South

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Investment Insights

Based on property information with market context.

This single-story bar building contains 2,601 square feet on an approximately 0.129-acre parcel. Constructed in 1920, the property is offered in its current as-is condition. The bar’s contents are excluded from the sale, although they may be negotiated separately. The business is expected to remain open until a purchase offer is accepted.

At 2848 Maywood Road in Indianapolis, the building occupies a corner parcel with frontage on Maywood Road and S. Tibbs Avenue. D5 zoning is identified in the listing agreement; prospective buyers should verify permitted uses and suitability for their plans.

Key Highlights

  • 2,601 SF single‑story bar building built in 1920
  • Approximately 0.129 acres
  • Corner location with frontage on Maywood Road and S. Tibbs Avenue

Property Analytics

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Current Use

Maywood Tavern Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office Parking Lot & Garage

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46241, IN

33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025

Similar Off Market Nearby

  • Maywood Tavern — 2848 Maywood Rd, Indianapolis, IN 46241

Frequently Asked Questions

What type of property is this?
Bar & Pub - The current bar operation is expected to continue until a purchase offer is accepted.
Where is this bar & pub located?
The property is located at 2848 Maywood Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 2,601 SF single‑story bar building built in 1920; Approximately 0.129 acres; Corner location with frontage on Maywood Road and S. Tibbs Avenue
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