Restaurants

Bloomington, IN Restaurants for Sale

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Bloomington Commercial Building with Parking
Updated: Mar 9, 2024
Bloomington Commercial Building with Parking

409 S Walnut Street, Bloomington, IN 47401

$3,000,000
7,500 sqft
Over 10,000 sqft of parking in the heart of Bloomington.
Over 7,500 sqft of Restaurant/Cafe/Bar space.
Open garage/warehouse space with its own entry.
Conference/meeting area available.
Multiple restrooms.
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This listing looks promising.

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409 S Walnut Street, Bloomington, IN 47401

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Entertainment Restaurant and Mini Golf
Updated: Mar 2
Entertainment Restaurant and Mini Golf

4747 W State Road 46, Bloomington, IN 47404

$1,500,000
2.81 AC lot
2.82‑acre multi‑revenue entertainment property on the State Road 46 corridor in Bloomington, IN
8,400 SF three‑level main building plus dedicated mini golf support building (“Putt Hut”)
Income‑producing digital billboard/sign installed in 2025
2025 Putt Hut addition includes potential for a small take‑out restaurant
Updated efficiency apartment with new furnishings (short‑term rental use described in remarks)
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Restaurant and Warehouse Building
Restaurant and Warehouse Building

409 S Walnut Street, Bloomington, IN 47401

$3,000,000
0.40 AC lot

Restaurant/cafe/bar building with multiple restrooms, kitchen, and an open rear garage/warehouse area with its own entry.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Bloomington, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

Turn-Key Restaurant with Commercial Kitchen
Turn-Key Restaurant with Commercial Kitchen

1414 Bundy Lane, Bedford, IN 47421

$649,900
0.99 AC lot

For sale restaurant property on Hwy 37 with a complete commercial kitchen, party rooms, and ample guest parking.

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Restaurant and Tap Room With Equipment
Restaurant and Tap Room With Equipment

18 N Fourth Street, Gosport, IN 47433

$425,000
0.23 AC lot

Turnkey pizza restaurant and tap room setup includes commercial refrigeration, cooking equipment, and tap wall for service.

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Updated Multi-Use Commercial Building
Updated Multi-Use Commercial Building

3116 W 5th Street, Bedford, IN 47421

$459,900
0.89 AC lot

Updated exterior and sealed asphalt parking on a flexible building previously used as restaurant and fitness space.

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Restaurant and Storage Units For Sale
Restaurant and Storage Units For Sale

18 N Fourth St, Gosport, IN 47433

$425,000
5,933 sqft

Restaurant with tap room and storage units for sale.

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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.

MC Zoned Vacant Development Land
MC Zoned Vacant Development Land

1906 W 3rd Street, Bloomington, IN 47403

$275,000
0.98 AC lot

Vacant .98-acre lot with MC zoning permitting retail, including drive-thru restaurant and office uses.

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Commercial Development Land Site
Commercial Development Land Site

3480 W Runkle Way, Bloomington, IN 47404

$595,000
2.39 AC lot

Commercial land parcel on the west side with convenient access to major state roads and I-69.

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Commercial Land Ready for Building
Commercial Land Ready for Building

4125 W State Road 46, Bloomington, IN 47404

$899,900
1.22 AC lot

Clear, build-ready commercial lot with utilities available and visibility along State Road 46.

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Ready-to-Build Commercial Lot
Ready-to-Build Commercial Lot

3655 W State Road 46, Bloomington, IN 47404

$899,900
0.84 AC lot

Clear commercial lot with utilities available and strong visibility for businesses seeking a straightforward development site.

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Off-Market Properties in Bloomington, IN

Consider similar Off-Market properties in Bloomington, 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.

2522 10th St
RESTAURANT

2522 10th St, Bloomington, IN 47408-3974

$575,000
Estimated value
2,400 sqft 0.25 AC lot
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519 10th St
RESTAURANT

519 10th St, Bloomington, IN 47408-3606

$505,000
Estimated value
10,140 sqft 0.41 AC lot
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3900 3rd St
RESTAURANT

3900 3rd St, Bloomington, IN 47401-5543

Value Estimation by Request
3,648 sqft 0.55 AC lot
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204 Walnut St
RESTAURANT

204 Walnut St, Bloomington, IN 47404-4908

Value Estimation by Request
7,440 sqft 0.07 AC lot
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250 Pete Ellis Dr
RESTAURANT

250 Pete Ellis Dr, Bloomington, IN 47408-6313

Value Estimation by Request
3,013 sqft 0.54 AC lot
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212 Kirkwood Ave
RESTAURANT

212 Kirkwood Ave, Bloomington, IN 47404-5144

Value Estimation by Request
4,888 sqft 0.08 AC lot
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5690 State Rd 46
RESTAURANT

5690 State Rd 46, Bloomington, IN 47404

Value Estimation by Request
0.85 AC lot
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320 Walnut St
RESTAURANT

320 Walnut St, Bloomington, IN 47404-3802

$505,000
Estimated value
9,102 sqft 0.20 AC lot
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3300 3rd St
RESTAURANT

3300 3rd St, Bloomington, IN 47404-4846

Value Estimation by Request
2,790 sqft 1.29 AC lot
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1919 College Ave
RESTAURANT

1919 College Ave, Bloomington, IN 47404-2401

Value Estimation by Request
3,306 sqft 0.61 AC lot
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3233 3rd St
RESTAURANT

3233 3rd St, Bloomington, IN 47404-4833

Value Estimation by Request
5,028 sqft 0.98 AC lot
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3301 3rd St
RESTAURANT

3301 3rd St, Bloomington, IN 47404-4848

Value Estimation by Request
3,512 sqft 1.03 AC lot
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5621 State Rd 46
RESTAURANT

5621 State Rd 46, Bloomington, IN 47404-9721

Value Estimation by Request
3,416 sqft 0.57 AC lot
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420 Kirkwood Ave
RESTAURANT

420 Kirkwood Ave, Bloomington, IN 47408-4016

Value Estimation by Request
2,569 sqft 0.20 AC lot
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531 Walnut St
RESTAURANT

531 Walnut St, Bloomington, IN 47404-3844

Value Estimation by Request
3,539 sqft 0.19 AC lot
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2101 Liberty Dr
RESTAURANT

2101 Liberty Dr, Bloomington, IN 47403-5147

Value Estimation by Request
3,668 sqft 1.15 AC lot
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2038 Walnut St
RESTAURANT

2038 Walnut St, Bloomington, IN 47404-2430

Value Estimation by Request
8,327 sqft 1.64 AC lot
View details
2423 Walnut St
RESTAURANT

2423 Walnut St, Bloomington, IN 47401-6564

Value Estimation by Request
860 sqft 0.84 AC lot
View details
620 Kirkwood Ave
RESTAURANT

620 Kirkwood Ave, Bloomington, IN 47404-5154

Value Estimation by Request
2,570 sqft 0.20 AC lot
View details
2500 3rd St
RESTAURANT

2500 3rd St, Bloomington, IN 47404-5225

Value Estimation by Request
2,430 sqft 0.50 AC lot
View details
3750 3rd St
RESTAURANT

3750 3rd St, Bloomington, IN 47404-4862

Value Estimation by Request
2,896 sqft 1.10 AC lot
View details

Bloomington, IN Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Bloomington, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,500 square feet of properties for sale, with an estimated market value of $3,000,000.

Sale prices for restaurant properties in Bloomington, IN start at $3,000,000, averaging $3,000,000, and reaching up to $3,000,000 — 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

Conventional restaurants 5
Bars & Pubs 3
Commercial kitchens 1

Demographics Overview

Population 129K
Population Growth (5Y) +5.6%
Median Household Income $60,732
College Educated 52.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47404 $1.5M
47401 $2.3M
47408 $3M

Taxes & Financing

Tax Rate (average for all types) 1.09%
Property Tax per SF $17.52 per SF
Tax Rate vs County Average 0.08 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monroe County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Bloomington fall within the 5,000 to 10,000 square foot range.

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