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    Grayville, IL
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    Grayville, IL Restaurants for Sale

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    Griffin, IN Albion, IL Crossville, IL Browns, IL Mount Carmel, IL New Harmony, IN Carmi, IL Poseyville, IN
    Restaurant Equipment Buildings
    Updated: Nov 11, 2025
    Restaurant Equipment Buildings

    416 E North St., Grayville, IL 62844

    $72,000
    Two buildings plus equipment included
    First building includes large freezers, sinks, concrete floor with drains, and a half bath
    Second building was used as the fish house restaurant with cooking equipment and cafe area
    Heating: natural gas with forced air
    Public water; roof is metal
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Grayville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Restaurant with Parking
    Turn-Key Restaurant with Parking

    7247 Main Street, Wadesville, IN 47638

    $649,900
    0.74 AC lot

    Turn-key restaurant offering a fully operational kitchen, spacious dining, and ample on-site parking in a high-traffic roadside setting.

    View details
    Turn-Key Restaurant Opportunity
    Turn-Key Restaurant Opportunity

    7247 Main St, Wadesville, IN 47638

    Contact for pricing
    3,606 sqft

    Established restaurant with loyal clientele in Posey County.

    View details
    Restaurant with Drive-Up
    Restaurant with Drive-Up

    318 W 9th Street, Mount Carmel, IL 62863

    $94,900
    0.66 AC lot

    Restaurant built-out with drive-up service and included walk-in freezer and cooler on a high-traffic site.

    View details
    Renovated Event Hall with Kitchen
    Renovated Event Hall with Kitchen

    726 N Market Street, Mount Carmel, IL 62863

    $175,000
    0.28 AC lot

    Renovated building with commercial kitchen and multiple levels, including rear-access basement, suited for receptions or community events.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Princeton Commercial Land Opportunity
    Princeton Commercial Land Opportunity

    3221 W Broadway Street, Princeton, IN 47670

    $109,900
    1.70 AC lot

    Three site-ready lots available for retail, office, or restaurant.

    View details
    Site-Ready Commercial Building Lot
    Site-Ready Commercial Building Lot

    3221 W Broadway Street, Princeton, IN 47670

    $109,900
    1.70 AC lot

    Site-ready commercial lot with utilities available, positioned for retail, office, or restaurant development near Goodwill.

    View details
    Site-Ready Building Lots
    Site-Ready Building Lots

    3217 W Broadway Street, Princeton, IN 47670

    $99,900
    1.27 AC lot

    Three site-ready lots with utilities available, positioned for retail, office, or restaurant development with seller approval.

    View details
    Site-Ready Building Lots
    Site-Ready Building Lots

    3219 W Broadway Street, Princeton, IN 47670

    $99,900
    1.04 AC lot

    Three site-ready lots with utilities available near Goodwill for retail, office, or restaurant development.

    View details

    Grayville, IL Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Grayville, IL on our real estate platform.

    Sale prices for restaurant properties in Grayville, IL average $72,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 1,904
    Population Growth (5Y) -12.9%
    Median Household Income $49,659
    College Educated 17.1%

    High-Yield Neighborhoods for Investment

    Identify Grayville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62844 $72K

    Taxes & Financing

    Tax Rate (average for all types) 9.24%
    Tax Rate vs County Average 1.53 pp above county avg
    Average Loan-to-Value 65.0%

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