Anderson, IN Restaurants for Sale

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Updated: Jun 24, 2025

Bar/Restaurant with Expansion Potential

1610 Arrow Ave, Anderson, IN

$685,000

3,000 sqft 0.25 AC lot

Highly visible corner location.
Includes a 3‑way liquor license.
3,000 SF bar/restaurant building.
Open floor plan with built‑in stage (ideal for live music or events).
Outdoor deck and pergola for al fresco dining.

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This listing looks promising.

Here's a quick look at some key insights for

1610 Arrow Ave, Anderson, IN

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Est. Cap Rate

6.1%
Above avg (5.9%)
Est. NOI

$42K
Annual
Price @ 7% Cap

$599K
Suggested
Property Type

Commercial (General)
Built 1965

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Updated: Jul 9

Restaurant Building on Signalized Corner

500 Broadway, Anderson, IN 46012

$450,000

1.85 AC lot

4,804+- SF Frisch’s Big Boy building built in 1960 in good condition
Last renovated in 2012; asphalt roof
1.845+- acre lot on a signaled corner with lots of parking
B‑2 zoning allows for a variety of business uses, including office, retail, medical, and church
Restaurant tenant in place; the tenant business is not included in the sale

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Anderson Neighborhood Shopping Center For Sale

2401-2409 Broadway Street, Anderson, IN 46012

$375,000

0.64 AC lot

North Anderson shopping center with laundry mat and rental income.

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Standalone Drive-Through Bank Building

525 E Hartman Road, Anderson, IN 46012

$270,000

1.35 AC lot

Standalone bank building with a drive-through canopy and ample parking on a large corner lot, zoned for B-1 uses.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Anderson, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, 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.

Commercial Building with Drive-Thru

4801 N Wheeling Avenue, Muncie, IN 47304

$395,000

0.55 AC lot

Drive-thru commercial building with prominent signage, ample parking, and a flexible interior suited to retail, office, or food service.

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Westfield Restaurant Opportunity

222 E 175th St, Westfield, IN 46074

$4,725,200

3,200 sqft

Restaurant property for sale in Westfield, Indiana.

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NNN Leased Restaurant Investment Opportunity

809 W McGalliard Rd, Muncie, IN 47303

$3,349,000

5,312 sqft

NNN leased Chili's with corporate guarantee in Muncie, Indiana.

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Westfield Land Parcel For Sale

306 Park Street, Westfield, IN 46074

$2,450,000

Large lot suitable for restaurants, office, or medical use.

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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.

Zoned Neighborhood Shopping Center Parcels

241 N Scatterfield Road, Anderson, IN 46012

$2,700,000

21.55 AC lot

Four B-3 commercial land parcels offer flexible development options near established retail and banking tenants.

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B-3 Zoned Commercial Land Parcel

University Boulevard, Anderson, IN 46012

$812,000

8.12 AC lot

8.12+-acre B-3 commercial parcel with University Blvd frontage and direct access from Scatterfield Road.

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General Business Lot Zoned B-4

18th Street, Anderson, IN 46016

$50,000

0.45 AC lot

Commercial 0.45-acre lot, split across three parcels, zoned B-4 General Business for flexible development use.

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Noblesville Land Parcel For Sale

4844 Conner Street, Noblesville, IN 46060

$1,799,000

2.20 AC lot

2.2-acre parcel zoned PB in high-visibility Noblesville corridor.

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Off-Market Properties in Anderson, IN

Consider similar Off-Market properties in Anderson, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

1916 Mounds Rd, Anderson, IN 46016-5708

Value Estimation by Request

3,810 sqft 0.45 AC lot

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RESTAURANT

4545 Madison Ave, Anderson, IN 46013-1441

Value Estimation by Request

2,450 sqft 13.41 AC lot

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RESTAURANT

1106 Main St, Anderson, IN 46016-1764

Value Estimation by Request

0.24 AC lot

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RESTAURANT

1925 60th St, Anderson, IN 46013-3045

$670,000

Estimated value

8,158 sqft 2.12 AC lot

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RESTAURANT

1024 53rd St, Anderson, IN 46013-2814

Value Estimation by Request

2,860 sqft 0.75 AC lot

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RESTAURANT

2630 Broadway St, Anderson, IN 46012-1335

Value Estimation by Request

894 sqft 0.59 AC lot

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RESTAURANT

1834 18th St, Anderson, IN 46016-2127

Value Estimation by Request

2,239 sqft 0.15 AC lot

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RESTAURANT

915 Scatterfield Rd, Anderson, IN 46012-4232

Value Estimation by Request

1,756 sqft 0.67 AC lot

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RESTAURANT

730 53rd St, Anderson, IN 46013-1514

Value Estimation by Request

1,840 sqft 0.71 AC lot

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RESTAURANT

3100 Main St, Anderson, IN 46016-5252

Value Estimation by Request

5,096 sqft 0.16 AC lot

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RESTAURANT

3315 Cherry Rd, Anderson, IN 46011-2201

Value Estimation by Request

2,790 sqft 0.31 AC lot

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RESTAURANT

1320 23rd St, Anderson, IN 46016-4620

Value Estimation by Request

4,721 sqft 0.14 AC lot

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RESTAURANT

9830 280th N, Anderson, IN 46011-9150

Value Estimation by Request

2,928 sqft 0.20 AC lot

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RESTAURANT

1701 Mounds Rd, Anderson, IN 46016-5704

Value Estimation by Request

712 sqft 0.28 AC lot

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RESTAURANT

2724 Nichol Ave, Anderson, IN 46011-3140

Value Estimation by Request

3,674 sqft 1.43 AC lot

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RESTAURANT

2607 Nichol Ave, Anderson, IN 46011-3263

Value Estimation by Request

2,816 sqft 0.38 AC lot

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RESTAURANT

2332 Columbus Ave, Anderson, IN 46016-4538

Value Estimation by Request

0.12 AC lot

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RESTAURANT

2332 Columbus Ave, Anderson, IN 46016-4538

Value Estimation by Request

0.12 AC lot

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RESTAURANT

2332 Columbus Ave, Anderson, IN 46016-4538

Value Estimation by Request

4,900 sqft 0.12 AC lot

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RESTAURANT

28 13th St, Anderson, IN 46016-1706

Value Estimation by Request

3,782 sqft 0.18 AC lot

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Anderson, IN Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Anderson, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $685,000.

Sale prices for restaurant properties in Anderson, IN start at $685,000, averaging $685,000, and reaching up to $685,000 — 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

Demographics Overview

Population 79K

Population Growth (5Y) +0.2%

Median Household Income $56,269

College Educated 16.1%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
46012	$322.5K

Taxes & Financing

Tax Rate (average for all types) 2.78%

Property Tax per SF $56.45 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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Anderson, IN Restaurants for Sale

1610 Arrow Ave, Anderson, IN

500 Broadway, Anderson, IN 46012

2401-2409 Broadway Street, Anderson, IN 46012

525 E Hartman Road, Anderson, IN 46012

Opportunities in Nearby Cities

4801 N Wheeling Avenue, Muncie, IN 47304

222 E 175th St, Westfield, IN 46074

809 W McGalliard Rd, Muncie, IN 47303

306 Park Street, Westfield, IN 46074

Potential Development Sites for Consideration

241 N Scatterfield Road, Anderson, IN 46012

University Boulevard, Anderson, IN 46012

18th Street, Anderson, IN 46016

4844 Conner Street, Noblesville, IN 46060

Off-Market Properties in Anderson, IN

1916 Mounds Rd, Anderson, IN 46016-5708

4545 Madison Ave, Anderson, IN 46013-1441

1106 Main St, Anderson, IN 46016-1764

1925 60th St, Anderson, IN 46013-3045

1024 53rd St, Anderson, IN 46013-2814

2630 Broadway St, Anderson, IN 46012-1335

1834 18th St, Anderson, IN 46016-2127

915 Scatterfield Rd, Anderson, IN 46012-4232

730 53rd St, Anderson, IN 46013-1514

3100 Main St, Anderson, IN 46016-5252

3315 Cherry Rd, Anderson, IN 46011-2201

1320 23rd St, Anderson, IN 46016-4620

9830 280th N, Anderson, IN 46011-9150

1701 Mounds Rd, Anderson, IN 46016-5704

2724 Nichol Ave, Anderson, IN 46011-3140

2607 Nichol Ave, Anderson, IN 46011-3263

2332 Columbus Ave, Anderson, IN 46016-4538

2332 Columbus Ave, Anderson, IN 46016-4538

2332 Columbus Ave, Anderson, IN 46016-4538

28 13th St, Anderson, IN 46016-1706

Anderson, IN Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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