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Former Restaurant With Drive-Through
For Sale
Contact for pricing
Pending

8456 Michigan Rd., Indianapolis, IN 46268

Restaurant improvements occupy a lighted intersection beside Lowe’s and near the 86th & Michigan Road retail hub.

Property Size2,812 SF
Days on Market142

Property Features for 8456 Michigan Rd.

General Information

Standard status Pending
Size 2,812 SF
Property subtype Retail, Land, Special Purpose

Additional Details

Drive-Thru Yes
Listing Agency: Niessink Commercial
Listed By: Shannon Hunt · License #RB16001560
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:14PM

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 Niessink Commercial

Investment Insights

Based on property information with market context.

Located at 8456 Michigan Rd., this 2,812-square-foot former restaurant includes a drive-through component and is positioned for continued restaurant or related commercial use. The property sits on the northwest side of the Indianapolis MSA, providing an established setting for a freestanding food-service building.

The site fronts a lighted intersection with traffic counts above 24,000. Lowe’s is adjacent, while the 86th & Michigan Road retail hub is nearby, placing the property within an active retail context. These surrounding commercial anchors and the existing drive-through configuration define the property’s primary operational characteristics.

Key Highlights

  • 2,812 SF former restaurant building
  • Drive‑through component supports food‑service operations
  • Traffic counts above 24,000 in front of the property

Property Analytics

Current Use

KFC Restaurant Bike Parking Bicycle Rack

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Parking Lot & Garage Electrical Service 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

1,166
Businesses Nearby

Demographics for 46268, IN

26,353
Population
11,904
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
2,075
Density / Sq Mi
$63,322
Median Household Income
$41,596
Median Earnings
$1,171
Median Rent
$208,500
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Restaurant improvements occupy a lighted intersection beside Lowe’s and near the 86th & Michigan Road retail hub.
Where is this drive through restaurant located?
The property is located at 8456 Michigan Rd. Indianapolis, IN.
What are key features of this property?
This property features: 2,812 SF former restaurant building; Drive‑through component supports food‑service operations; Traffic counts above 24,000 in front of the property
More about this property
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