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Restaurant Property with Outbuilding
For Lease
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4390 N Western Ave, Connersville, IN 47331

Established commercial space includes food-service improvements, storage capacity, and an adjoining industrial-zoned parcel.

Space Size4,835 SF
Lot Size1.80 Acres
Days on Market51

Property Features for 4390 N Western Ave

General Information

Standard status Active
Size 4,835 SF
Lot size 1.80 Acres
Property subtype Retail
Zoning Industrial

Space & Availability

Available Land 1.80 Acres
Furnished Yes

Additional Details

Road Access Yes
Land Use commercial, industrial
Equipment Included Yes

Amenities

kitchen
refrigeration
tables and chairs
partial basement
outbuilding

Building Details

Building Size 4,835 SF
Year Built 1930
Buildings 2
Tenancy Single

Spaces For Lease

at 4390 N Western Ave
Whole Building Active
Size 4,835 SF
Contact us
Listing Agency: White Realty
Listed By: Liz Hughey · License #RB20001372
Source: Crexi
Added: Aug 27 Changed: Oct 12 Last Checked: Oct 14 at 11:41PM

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 White Realty

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Investment Insights

Based on property information with market context.

This conventional restaurant property includes a building constructed in 1930 with a kitchen, refrigeration equipment, and tables and chairs. A partial basement provides additional storage, while a separate outbuilding offers space for equipment or inventory. The improvements are accompanied by adjoining vacant land, creating a combined commercial property with both an operating structure and additional ground area.

The property consists of three parcels totaling approximately 1.8 acres. The vacant parcel is zoned Industrial, adding a separate land component to the existing restaurant improvements. The configuration supports continued food-service use while retaining additional space for business expansion or future development, subject to applicable approvals.

Key Highlights

  • Three parcels totaling approximately 1.8 acres
  • Kitchen and refrigeration equipment included
  • Tables and chairs included with the restaurant improvements

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Garden Center Locksmith Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

79
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47331, IN

22,782
Population
10,625
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
86%
High-School Grad
191.6 sq mi
ZIP Area
119
Density / Sq Mi
$56,530
Median Household Income
$38,494
Median Earnings
$777
Median Rent
$115,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established commercial space includes food-service improvements, storage capacity, and an adjoining industrial-zoned parcel.
Where is this conventional restaurant located?
The property is located at 4390 N Western Ave Connersville, IN.
What are key features of this property?
This property features: Three parcels totaling approximately 1.8 acres; Kitchen and refrigeration equipment included; Tables and chairs included with the restaurant improvements
More about this property
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