Restaurant Space with
For Lease
$3,500/Mo
3131 Shelby Street, Indianapolis, IN 46227
The kitchen includes a hood, grill, fryer, prep stations, and sinks.
Space SizeContact for details
Property Size3,732 SF
Days on Market184
Property Features for 3131 Shelby Street
General Information
Standard status
Active
Size
3,732 SF
Property subtype
Retail
Zoning
MU1
Site & Location
Neighborhood
University Heights
Restaurant
Commercial Hood
Yes
Patio
Yes
Equipment Included
Yes
Second-Generation Restaurant
Yes
Amenities
stage
Building Details
Building Size
3,732 SF
Listing Agency:
Talk to Tucker
Listed By:
Annie Scott Realty Group
(317) 902-8622
Source:
Anniescottrealty
Added: Apr 27
Changed: Oct 26
Last Checked: Oct 26 at 2:35PM
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 Talk to Tucker
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Investment Insights
Based on property information with market context.
Configured for restaurant use, the space includes a bar area, a full kitchen, and separate men’s and women’s restrooms. Kitchen equipment includes a hood, prep stations, a grill, a fryer, a handwashing sink, and a three-bay sink; the bar area has a three-drawer cooler. Basement space provides additional storage.
A small patio and an outdoor stage are also part of the property. The site is zoned MU1.
A small patio and an outdoor stage are also part of the property. The site is zoned MU1.
Key Highlights
- Full kitchen with hood, prep stations, grill, fryer, handwashing sink, and 3‑bay sink
- Bar area equipped with a 3‑drawer cooler
- Basement storage
Property Analytics
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Current Use
Lease Details
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$1.69 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46227, IN
62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value
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Market
Vacancy Rate% for Retail in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The kitchen includes a hood, grill, fryer, prep stations, and sinks.
Where is this conventional restaurant located?
The property is located at 3131 Shelby Street Indianapolis, IN.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Full kitchen with hood, prep stations, grill, fryer, handwashing sink, and 3‑bay sink; Bar area equipped with a 3‑drawer cooler; Basement storage
