Listing Agency: CENTURY 21 Elite

Listed By: Peg Carney Finzel · License #IN Show Phone

Source: Crexi

Added: Feb 10, 2025 Changed: Sep 10 Last Checked: Sep 14 at 5:40AM

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Investment Insights

Based on property information with market context.

This property, formerly the Old Riley Food Mart Grocery Store, is available for sale in Riley Township. The main floor presents the opportunity to revert to a grocery store or be transformed into a restaurant. The upstairs space is currently a blank canvas, offering possibilities for development. This property offers potential for a remarkable venture.

Key Highlights

• Prime location in the heart of Riley Township.
• Main floor suitable for grocery store or restaurant.
• Upstairs space offers limitless possibilities for development.

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Pharmacy Real Estate Agency Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

69

Businesses Nearby

22k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Casey's Shops & Services

14,880 visits/mo 0.5 miles

Dollar General Shops & Services

6,639 visits/mo 0.5 miles

Demographics for 47871, IN

235

Population

191

Households

1.2

Avg Household Size

36

Median Age

15%

College-Educated

95%

High-School Grad

0.1 sq mi

ZIP Area

2,350

Density / Sq Mi

$72,813

Median Household Income

$29,702

Median Earnings

$921

Median Rent

$92,700

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Grocery store or restaurant opportunity in Riley Township.

Where is this grocery and convenience store located?

The property is located at 7694 E First St Riley, IN.

What is the asking price?

The asking price for this property is $74,999.

What are key features of this property?

This property features: Prime location in the heart of Riley Township.; Main floor suitable for grocery store or restaurant.; Upstairs space offers limitless possibilities for development.