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    Mount Carmel, IL
    Restaurants

    Restaurants for Sale in Mount Carmel, IL

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    Princeton, IN Patoka, IN Hazleton, IN Owensville, IN Browns, IL Fort Branch, IN Bone Gap, IL Griffin, IN
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. While there is a shortage of Active listings in Mount Carmel, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

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    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
    Princeton Commercial Building with Business
    Princeton Commercial Building with Business

    217 N Main Street, Princeton, IN 47670

    $300,000
    3,000 sqft

    Commercial building with going business and ample parking.

    View details
    Restaurant with Outdoor Event Area
    Restaurant with Outdoor Event Area

    217 N Main Street, Princeton, IN 47670

    $300,000
    0.67 AC lot

    Offer includes a building with bar and dining/arcade space, plus covered outdoor seating and a fenced event area.

    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.

    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 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
    Commercial Land with Utilities
    Commercial Land with Utilities

    3221 W Broadway Street, Princeton, IN 47670

    $109,900
    1.70 AC lot

    Three site-ready building lots offer flexible commercial development options west of Princeton.

    View details
    Commercial Land with Utilities
    Commercial Land with Utilities

    3217 W Broadway Street, Princeton, IN 47670

    $99,900
    1.27 AC lot

    Three building lots sit north of the Goodwill Industries retail store along West Broadway Street.

    View details

    Mount Carmel, IL Restaurants Market Trends and Statistics

    Explore 0 restaurants for sale in Mount Carmel, IL on our real estate platform.

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial kitchens 1
    Drive through restaurants 1

    Demographics Overview

    Population 9,438
    Population Growth (5Y) -3.9%
    Median Household Income $52,073
    College Educated 25.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62863 $90K

    Taxes & Financing

    Tax Rate (average for all types) 7.07%
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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