Turnkey Restaurant
For Sale
$4,800,000
Pending
555 S Indiana Street, Mooresville, IN 46158
Former restaurant space with a fully equipped kitchen and dining area, offered for sale on S Indiana Street.
Property SizeContact for details
Days on Market71
Property Features for 555 S Indiana Street
General Information
Standard status
Pending
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$19,292
Building Details
Year Built
1979
Buildings
2
Stories
1
Listed By:
Christine Thayer
(574) 870-1354
Source:
Homes-by-network.idxbroker
Added: Jun 28
Changed: Aug 14
Last Checked: Sep 6 at 3:57AM
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 Christine Thayer
Investment Insights
Based on property information with market context.
This property is a former restaurant site with infrastructure already in place for continued food service use. The space includes a fully equipped kitchen and a dining area, offering a turnkey setup for an operator looking to open or rebrand with minimal buildout, or for a buyer planning redevelopment.
The property is located at 555 S Indiana Street in Mooresville, Indiana. The current improvements support either continued restaurant use or a transition to retail, office, or mixed-use development, depending on the buyer’s plans and permitting.
Offered for sale as a development-ready restaurant building, the asset provides existing interior improvements and the fundamental restaurant layout, including kitchen and dining spaces.
The property is located at 555 S Indiana Street in Mooresville, Indiana. The current improvements support either continued restaurant use or a transition to retail, office, or mixed-use development, depending on the buyer’s plans and permitting.
Offered for sale as a development-ready restaurant building, the asset provides existing interior improvements and the fundamental restaurant layout, including kitchen and dining spaces.
Key Highlights
- Former Gray’s Restaurant on S Indiana Street
- Year built: 1979
- Former restaurant space includes a fully equipped kitchen
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
181k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 31%
Groceries 20%
Beauty & Spa 1%
Kroger
Groceries
35,739 visits/mo
0.1 miles
McDonald's
Dining
28,651 visits/mo
0.3 miles
Speedway
Shops & Services
15,897 visits/mo
0.1 miles
Taco Bell
Dining
15,563 visits/mo
0.3 miles
Pet Supplies Plus
Shops & Services
13,014 visits/mo
0.1 miles
Demographics for 46158, IN
23,895
Population
10,051
Households
2.4
Avg Household Size
44
Median Age
23%
College-Educated
91%
High-School Grad
76.7 sq mi
ZIP Area
312
Density / Sq Mi
$79,877
Median Household Income
$46,317
Median Earnings
$1,024
Median Rent
$241,500
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?
Conventional restaurant - Former restaurant space with a fully equipped kitchen and dining area, offered for sale on S Indiana Street.
Where is this conventional restaurant located?
The property is located at 555 S Indiana Street Mooresville, IN.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Former Gray’s Restaurant on S Indiana Street; Year built: 1979; Former restaurant space includes a fully equipped kitchen
