Drive-Through Restaurant
For Sale
$90,000
508 N Us Highway 421, Medaryville, IN 47957
Drive-in compatible building with a large covered awning, updated electrical systems, and strong frontage on State Road 421.
Property Size1,552 SF
Price / SF$57.99
Days on Market83
Property Features for 508 N Us Highway 421
General Information
Standard status
Active
Size
1,552 SF
Taxes and HOA fees
Annual Taxes
$1,274
Listing Agency:
Banga Realty, LLC
(219) 661-7528
Listed By:
Emily Sutton
(219) 746-3476
Source:
Exprealty
Added: Jun 16
Changed: Sep 4
Last Checked: Sep 5 at 12:59PM
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 Banga Realty, LLC
Investment Insights
Based on property information with market context.
This commercial property includes a building suited to a drive-in or drive-through restaurant concept, highlighted by a large covered awning. The electrical systems have been updated, the roof is in good condition with zero leaks, and excess windows have been replaced with insulated drywall for colder months.
Located at 508 N US Highway 421 in Medaryville, Indiana, the property offers approximately 300 feet of road frontage and is described as having visibility to approximately 3 million vehicles per year, based on DOT traffic counts.
The building is presented as flexible for a range of commercial uses, including restaurant, office, retail storefront, and service-based business operations, depending on a buyer’s plans.
Located at 508 N US Highway 421 in Medaryville, Indiana, the property offers approximately 300 feet of road frontage and is described as having visibility to approximately 3 million vehicles per year, based on DOT traffic counts.
The building is presented as flexible for a range of commercial uses, including restaurant, office, retail storefront, and service-based business operations, depending on a buyer’s plans.
Key Highlights
- Approximately 3 million vehicles per year pass by on State Road 421, per DOT traffic counts
- 300 feet of road frontage on State Road 421 for strong access and exposure
- Drive‑in compatible building with a large covered awning for drive‑in/drive‑thru concepts
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 41%
Family Express
Shops & Services
4,705 visits/mo
0.2 miles
SUBWAY
Dining
3,317 visits/mo
0.1 miles
Demographics for 47957, IN
1,759
Population
925
Households
1.9
Avg Household Size
42
Median Age
6%
College-Educated
79%
High-School Grad
60.2 sq mi
ZIP Area
29
Density / Sq Mi
$58,412
Median Household Income
$35,602
Median Earnings
$753
Median Rent
$131,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Drive-in compatible building with a large covered awning, updated electrical systems, and strong frontage on State Road 421.
Where is this drive through restaurant located?
The property is located at 508 N Us Highway 421 Medaryville, IN.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Approximately 3 million vehicles per year pass by on State Road 421, per DOT traffic counts; 300 feet of road frontage on State Road 421 for strong access and exposure; Drive‑in compatible building with a large covered awning for drive‑in/drive‑thru concepts
