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    2023 Southeastern Ave Indianapolis, IN 46201

    For Sale
    $520,000

    Retail - Indianapolis, IN

    Type:Retail
    Property size:
    2,506 SF
    Lot size:
    0.26 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 2023 Southeastern Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    C1
    APN
    491007205204000101
    Size
    2,506 SF
    Lot size
    0.26 Acres

    Utilities

    Cooling system
    Separate Meters

    Building Details

    Year built
    1920
    Architectural style
    Other

    Keller Williams Indy South (317) 882-5900 [email protected]

    Listing agent Shelly Johnson (317) 882-5900 License #RB14043056

    Listing date Nov 4, 2025

    MLS# 21983422 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant in Indianapolis

    This is an investment opportunity located in downtown Indianapolis, less than 1 mile from the new Justice center. The property is a 2,500 square foot turn-key restaurant that was completely renovated in 2023. It includes the business, a hood, fryers, walk-in cooler, prep station, grill, tables, chairs, a 3-way liquor license, and the real estate. The property has 15+ parking spaces on site, with additional street parking nearby. A pylon sign is available. The lot size is 0.26 acres. The property is zoned C1 and is located in Marion County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sport's Bench Tavern Bar The Good Spot American Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.126669
    Latitude
    39.762588

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    FAQs

    What type of property is this?
    Turn key restaurant - Renovated restaurant with liquor license and real estate for sale.
    Where is this turn key restaurant located?
    The property is located at 2023 Southeastern Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: - Turn-key restaurant business and real estate included in sale.; - Prime downtown Indianapolis location, less than 1 mile from the new Justice Center.; - Includes a 3-way liquor license.
    (317) 882-5900
    Request Owner's contact information
    2023 Southeastern Ave Indianapolis, IN 46201
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    Indianapolis, IN 46201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2023 Southeastern Ave Indianapolis, IN 46201
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