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Conventional Restaurant with Commercial Kitchen
For Sale
Contact for pricing
Pending

312 East 4th Street, Greensburg, IN 47240

Steel-and-brick restaurant facility with accessible entry, dining space, extensive food-service areas, and dedicated employee amenities.

Property Size5,663 SF
Lot Size1.51 Acres
Days on Market141

Property Features for 312 East 4th Street

General Information

Standard status Pending
Size 5,663 SF
Total Parking Spaces 100
Lot size 1.51 Acres
Property subtype Retail

Restaurant

Seating Capacity 188
Commercial Hood Yes

Amenities

Handicap accessible
Tiled entry and waiting area
Office
Employee break room

Building Details

Construction steel & brick
Listing Agency: RE/MAX Tower
Listed By: Donna Tewmey · License #IN AB20600119
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 10:02AM

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 RE/MAX Tower

Investment Insights

Based on property information with market context.

This conventional restaurant property combines steel-and-brick construction with 5663 square feet of operating space. The facility includes a tiled entry and waiting area, dining capacity for 188, separate men's and women's three-stall restrooms, an office, employee break room, and employee restroom. Food-service improvements include a 42x15 broiler/cook area, 21x9 dish room, 18x7 walk-in freezer, 23x7 walk-in cooler, and 34x7 dry goods area. Two vent hood systems and several 220 outlets support commercial kitchen operations, while four gas heating and cooling units serve the building. The entry is handicap accessible.

The property consists of two lots totaling approximately 1.51 acres and includes a 100-car parking lot. The owners will also sell one lot separately. Its configuration supports continued restaurant use and includes substantial dedicated kitchen, storage, dining, and support areas.

Key Highlights

  • 5663 square feet on 2 lots totaling approximately 1.51 acres
  • Restaurant seating for 188 with a 100‑car parking lot
  • 42x15 broiler/cook area, 21x9 dish room, and two vent hood systems

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Dental Office Parking Lot & Garage Catering Service Barber Shop

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
Commercial hood

Location Intelligence

Trade Area within ½ mile

485
Businesses Nearby
151k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 68% Shops & Services 23% Groceries 9%
McDonald's Dining
27,379 visits/mo 0.5 miles
Wendy's Dining
20,343 visits/mo 0.5 miles
Culver's Dining
19,357 visits/mo 0.5 miles
Speedway Shops & Services
17,545 visits/mo 0.4 miles
Aldi Groceries
13,768 visits/mo 0.4 miles

Demographics for 47240, IN

21,940
Population
9,565
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
91%
High-School Grad
303.5 sq mi
ZIP Area
72
Density / Sq Mi
$74,373
Median Household Income
$46,430
Median Earnings
$830
Median Rent
$201,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Steel-and-brick restaurant facility with accessible entry, dining space, extensive food-service areas, and dedicated employee amenities.
Where is this conventional restaurant located?
The property is located at 312 East 4th Street Greensburg, IN.
What are key features of this property?
This property features: 5663 square feet on 2 lots totaling approximately 1.51 acres; Restaurant seating for 188 with a 100‑car parking lot; 42x15 broiler/cook area, 21x9 dish room, and two vent hood systems
More about this property
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