Restaurants

Elwood, IN Restaurants for Sale

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Single-Tenant Restaurant NNN
Updated: Apr 11
Single-Tenant Restaurant NNN

2820 Main Street, Elwood, IN 46036

Contact for pricing
3,330 sqft
3,330 SF Hardee's restaurant building at 2820 Main Street in Elwood, IN
Absolute triple net (NNN) lease in place
Zero landlord responsibilities under the lease terms
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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 23 Potential Opportunities for your consideration. Besides 1 Active listings in Elwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 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.

Restaurant Building on Corner Lot
Restaurant Building on Corner Lot

500 Broadway, Anderson, IN 46012

$450,000
4,804 sqft 1.85 AC lot

Good-condition restaurant building renovated in 2012 with lots of parking on a signaled corner; B-2 zoning.

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Freestanding Restaurant Building
Freestanding Restaurant Building

287 South 00ew, Kokomo, IN 46902

Contact for pricing
10,435 sqft 2.44 AC lot

Freestanding former restaurant building on a 2.44-acre site with parking and included built-in restaurant fixtures.

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Standalone Bank Building with Drive-Thru
Standalone Bank Building with Drive-Thru

525 E Hartman Road, Anderson, IN 46012

$270,000
2,604 sqft

Standalone former bank on a large corner lot with a drive-thru canopy and ample parking.

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Kokomo Retail/Restaurant Opportunity For Sale
Kokomo Retail/Restaurant Opportunity For Sale

408 E Center Rd, Kokomo, IN

Contact for pricing
4,184 sqft 0.66 AC lot

Retail or restaurant property for sale in Kokomo, Indiana.

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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
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
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
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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C-3 Zoned Development Land
C-3 Zoned Development Land

8440 E 216th Street, Cicero, IN 46034

$700,000
4.53 AC lot

4.53-acre Hamilton County site zoned C-3, including a residence plus horse barn and pasture.

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Off-Market Properties in Elwood, IN

Consider similar Off-Market properties in Elwood, 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.

405 Anderson St
RESTAURANT

405 Anderson St, Elwood, IN 46036-1526

$235,000
Estimated value
0.16 AC lot
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405 Anderson St
RESTAURANT

405 Anderson St, Elwood, IN 46036-1526

$255,000
Estimated value
0.18 AC lot
View details
7634 State Rd 28
RESTAURANT

7634 State Rd 28, Elwood, IN 46036-8967

$240,000
Estimated value
1,264 sqft 1.92 AC lot
View details
1535 A St
RESTAURANT

1535 A St, Elwood, IN 46036-2008

$230,000
Estimated value
1,728 sqft 0.06 AC lot
View details
1920 Anderson St
RESTAURANT

1920 Anderson St, Elwood, IN 46036-3324

$245,000
Estimated value
1,824 sqft 0.32 AC lot
View details
2233 J St
RESTAURANT

2233 J St, Elwood, IN 46036-2507

$290,000
Estimated value
9,376 sqft 0.12 AC lot
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7925 State Rd 28
RESTAURANT

7925 State Rd 28, Elwood, IN 46036-9205

$275,000
Estimated value
3,882 sqft 0.44 AC lot
View details
2000 Main St
RESTAURANT

2000 Main St, Elwood, IN 46036-2101

$265,000
Estimated value
2,275 sqft 0.20 AC lot
View details
1514 State Rd 37
RESTAURANT

1514 State Rd 37, Elwood, IN 46036-3117

$225,000
Estimated value
29.10 AC lot
View details
7340 State Rd 28
RESTAURANT

7340 State Rd 28, Elwood, IN 46036-8964

$360,000
Estimated value
1.20 AC lot
View details
1700 Anderson St
RESTAURANT

1700 Anderson St, Elwood, IN 46036-3319

$250,000
Estimated value
12,751 sqft 3.13 AC lot
View details
1904 Anderson St
RESTAURANT

1904 Anderson St, Elwood, IN 46036-3324

$240,000
Estimated value
2,170 sqft 0.58 AC lot
View details
317 18th St
RESTAURANT

317 18th St, Elwood, IN 46036-2052

$280,000
Estimated value
9,600 sqft 0.84 AC lot
View details
9273 1050th N
RESTAURANT

9273 1050th N, Elwood, IN 46036-8811

$245,000
Estimated value
10,149 sqft 1.61 AC lot
View details

Elwood, IN Restaurants Market Trends and Statistics

Explore 15 restaurants for sale in Elwood, IN on our real estate platform. These investment opportunities span a total of 3,330 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 1

Demographics Overview

Population 11K
Population Growth (5Y) -5.4%
Median Household Income $59,082
College Educated 14.2%

Taxes & Financing

Tax Rate (average for all types) 2.82%
Property Tax per SF $43.44 per SF
Tax Rate vs County Average 0.09 pp above county avg
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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