Restaurant with Commercial
New
For Sale
$750,000
500 Commerce Road, Richmond, IN 47374
The sale includes a bar, seating, a prep area, and a fully equipped commercial kitchen.
Property SizeContact for details
Days on Market5
Property Features for 500 Commerce Road
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Furnished
Yes
Highway Access
Yes
Equipment Included
Yes
Building Details
Year Built
2006
Buildings
1
Stories
1
Listing Agency:
Shawver Auctioneering & Real Estate
Listed By:
Nathaniel Scalf · License #RB15000145
(317) 374-2881
Source:
Castleonerealty
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 6:11PM
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 Shawver Auctioneering & Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant property includes a bar, customer seating, a food-preparation area, and a full commercial kitchen. Built in 2006, the facility is configured for restaurant use, with key service and dining components included in the sale.
The property is at 500 Commerce Road in Richmond, Indiana, near I-70 and National Road. Highway commercial zoning is in place.
The property is at 500 Commerce Road in Richmond, Indiana, near I-70 and National Road. Highway commercial zoning is in place.
Key Highlights
- Full commercial kitchen included
- Bar and dining seating in place
- Dedicated food‑preparation area
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
160k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Home Improvements & Furnishings 15%
Hotels & Casinos 10%
Shops & Services 8%
Culver's
Dining
33,971 visits/mo
0.2 miles
McDonald's
Dining
27,700 visits/mo
0.1 miles
Lowe's
Home Improvements & Furnishings
24,127 visits/mo
0.4 miles
Cracker Barrel Old Country Store
Dining
22,540 visits/mo
0.3 miles
IHOP
Dining
11,513 visits/mo
0.3 miles
Demographics for 47374, IN
45,304
Population
21,553
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
119.8 sq mi
ZIP Area
378
Density / Sq Mi
$52,566
Median Household Income
$34,168
Median Earnings
$816
Median Rent
$121,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The sale includes a bar, seating, a prep area, and a fully equipped commercial kitchen.
Where is this conventional restaurant located?
The property is located at 500 Commerce Road Richmond, IN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Full commercial kitchen included; Bar and dining seating in place; Dedicated food‑preparation area
