634 Virginia Ave Indianapolis, IN 46203

Listing agency RE/MAX Advanced Realty t***@gmail.com Show Phone

Listed by Keith Turnbill · License #IN

Source Crexi

Added: Apr 11 Updated: Jul 22 at 12:00AM Checked: Jul 22 at 6:59AM

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Investment Insights

Based on property information with market context.

This sale includes the real estate and an existing, profitable restaurant business, along with furniture, fixtures, and equipment, plus a 3-way 210 liquor license. The property also includes an existing lease on additional space within the building and two apartments.

Built in 1924 and previously the Virginia Avenue State Bank, the building sits directly on Virginia Avenue in Fletcher Place and is part of the Fletcher Place Historic District. The structure was completely rehabbed in 2013, including new 3-phase electrical, plumbing, floors, walls, HVAC, new bathrooms, a new concrete basement, and a new water supply.

The improvements and configuration support continued restaurant operations as well as the included leased space and residential units.

Key Highlights

• Historic 1924 restaurant building directly on Virginia Avenue in Fletcher Place (Fletcher Place Historic District).
• Completely rehabbed in 2013 with new 3‑phase electrical, plumbing, floors, walls, HVAC, bathrooms, and a new concrete basement.
• Includes furniture, fixtures, and equipment (FF&E) for the existing profitable restaurant.

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FAQs

What type of property is this?

Conventional restaurant - Sale includes a fully rehabbed historic restaurant building with FF&E and a 3-way 210 liquor license.

Where is this conventional restaurant located?

The property is located at 634 Virginia Ave Indianapolis, IN.

What are key features of this property?

This property features: Historic 1924 restaurant building directly on Virginia Avenue in Fletcher Place (Fletcher Place Historic District).; Completely rehabbed in 2013 with new 3‑phase electrical, plumbing, floors, walls, HVAC, bathrooms, and a new concrete basement.; Includes furniture, fixtures, and equipment (FF&E) for the existing profitable restaurant.