Search
Freestanding Drive-Through Restaurant
New
For Sale
Contact for pricing

5749 N Michigan Rd, Indianapolis, IN 46228

Former quick-service restaurant with dedicated drive-through access, on-site parking, and frontage along a high-traffic retail corridor.

Property Size1,451 SF
Lot Size0.42 Acres
Price / SF$68.92
Days on Market7

Property Features for 5749 N Michigan Rd

General Information

Standard status Active
Size 1,451 SF
Total Parking Spaces 14
Lot size 0.42 Acres
Property subtype Retail

Site & Location

Drive-Thru Yes
Traffic Count 23,000 vehicles/day
Listed By: David Nash · License #RB15001117
Source: Crexi
Added: Sep 5 Changed: Sep 9 Last Checked: Sep 11 at 4:11AM

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 David Nash

Investment Insights

Based on property information with market context.

This freestanding former quick-service restaurant contains approximately 1,451 SF on an approximately 0.42-acre site. The property retains a drive-through configuration, 14 on-site parking spaces, and frontage along Michigan Road, providing a layout suited to continued restaurant use or repositioning by an operator.

The site is in an established Indianapolis retail and residential trade area. Michigan Road carries more than 23,000 vehicles per day, while nearby Kessler Boulevard records 13,739 VPD. Walmart Neighborhood Market is nearby, along with a mix of national and local retailers. The surrounding area reports an average household income of $130,900 within 1 mile and a daytime population of 196,240 within 5 miles.

Key Highlights

  • Approximately 1,451 SF freestanding former quick‑service restaurant
  • Approximately 0.42‑acre site with drive‑through configuration
  • 14 on‑site parking spaces

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Pizza Hut Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Spa & Massage Center HVAC Service

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

23,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby

Demographics for 46228, IN

15,824
Population
6,242
Households
2.5
Avg Household Size
40
Median Age
48%
College-Educated
93%
High-School Grad
7.9 sq mi
ZIP Area
2,003
Density / Sq Mi
$95,574
Median Household Income
$40,571
Median Earnings
$1,234
Median Rent
$241,400
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 Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Former quick-service restaurant with dedicated drive-through access, on-site parking, and frontage along a high-traffic retail corridor.
Where is this drive through restaurant located?
The property is located at 5749 N Michigan Rd Indianapolis, IN.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Approximately 1,451 SF freestanding former quick‑service restaurant; Approximately 0.42‑acre site with drive‑through configuration; 14 on‑site parking spaces
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message