Restaurants

Indianapolis, IN Restaurants for Sale

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Restaurant Property with Monument Sign
Updated: May 27
Restaurant Property with Monument Sign

5527 N Keystone Avenue, Indianapolis, IN 46220

$685,000
0.30 AC lot
1,795‑square‑foot restaurant building on a 0.3‑acre parcel
Current tenant has a 10‑year lease
Interior build‑out, roof, and parking lot completed in 2023
RTU installed in 2024; dumpster enclosure added in 2025
Signalized access, dedicated parking, and a monument sign
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Two-Building Mixed-Use Property
Updated: Nov 24, 2025
Two-Building Mixed-Use Property

1915 Southeastern Avenue, Indianapolis, IN 46201

$750,000
0.45 AC lot
Two commercial buildings on a 0.45‑acre parcel
Approximately 7,200‑square‑foot building with multiple suites and office, warehouse, retail, or service areas
Approximately 2,500‑square‑foot restaurant building is leased through July 2026
C‑3 zoning
Less than one mile from I‑65 and approximately 1.5 miles from downtown Indianapolis
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Established Bar & Pub with Kitchen
Established Bar & Pub with Kitchen

7628 Southeastern Avenue, Indianapolis, IN 46239

$675,000
0.65 AC lot

Operating venue with food-service infrastructure, a pool table, and an outdoor seating area.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Two-Building Mixed-Use Property
Two-Building Mixed-Use Property

1915 Southeastern Ave, Indianapolis, IN 46201

$750,000
9,720 sqft

Includes a leased restaurant building and a larger multi-suite commercial building.

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Restaurant with Commercial Kitchen
Restaurant with Commercial Kitchen

2023 Southeastern Avenue, Indianapolis, IN 46201

$450,000
0.26 AC lot

The offering combines the real estate with the restaurant business, kitchen equipment, furnishings and a three-way liquor license.

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Brewery-Pub with Multiple Overhead Doors
Brewery-Pub with Multiple Overhead Doors

1301 Barth Ave, Indianapolis, IN 46203

$1,250,000
11,060 sqft

Leased brewery-pub building with heavy power, gas heat, and eight rear overhead doors plus an adjacent vacant MU1 lot.

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Drive-Through Restaurant with Corporate Lease
Drive-Through Restaurant with Corporate Lease

8616 U.S. 31 South, Indianapolis, IN 46227

Contact for pricing
3,875 sqft 1.10 AC lot

The newly built restaurant operates under a long-term corporate lease with renewal options.

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Commercial Land on Rockville Road
Commercial Land on Rockville Road

9057 Rockville Rd, Indianapolis, IN 46234

$1,000,000
33,324 sqft

Land available for sale or lease on Rockville Road.

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Ground-Floor Restaurant & Retail Space
Ground-Floor Restaurant & Retail Space

211 North Pennsylvania Street, Indianapolis, IN 46204

Contact for pricing
11,712 sqft

Ground-floor restaurant and retail space with an outdoor dining terrace in a high-rise tower with valet and garage access.

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Freestanding Restaurant Building
Freestanding Restaurant Building

6243 W Washington St, Indianapolis, IN 46241

Contact for pricing
3,138 sqft 0.81 AC lot

Former restaurant property along W Washington St with proximity to Indianapolis International Airport.

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Drive-Through Restaurant Building
Drive-Through Restaurant Building

6010 W 86 St, Indianapolis, IN 46278

Contact for pricing
3,314 sqft 1.17 AC lot

Restaurant property with an existing drive-through and patio.

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Wendy’s NNN Ground Lease Property
Wendy’s NNN Ground Lease Property

5055 West Washington Street, Indianapolis, IN 46241

Contact for pricing
2,995 sqft

Absolute NNN ground lease property associated with Wendy’s and positioned within a Kroger shadow setting.

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Freestanding Drive-Through Restaurant
Freestanding Drive-Through Restaurant

5749 N Michigan Rd, Indianapolis, IN 46228

Contact for pricing
1,451 sqft 0.42 AC lot

Former quick-service restaurant with dedicated drive-through access, on-site parking, and frontage along a high-traffic retail corridor.

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7 Brew Double Drive-Thru NNN Property
7 Brew Double Drive-Thru NNN Property

8650 Michigan Road, Indianapolis, IN 46268

Contact for pricing
760 sqft

Brand-new ground lease asset with a long-term net lease and no landlord responsibilities.

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Mixed-Use Building with Patio
Mixed-Use Building with Patio

6406 Cornell Ave, Indianapolis, IN 46220

Contact for pricing
6,977 sqft

Architecturally distinctive mixed-use building with above-grade space on two floors plus a full basement.

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Dutch Bros Drive-Thru NNN Investment
Dutch Bros Drive-Thru NNN Investment

8525 S Emerson Avenue, Indianapolis, IN 46237

Contact for pricing
950 sqft

Newly constructed Dutch Bros drive-thru on an absolute NNN lease with zero landlord responsibilities and contractual rental increases.

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Taco Bell NNN Property
Taco Bell NNN Property

444 E. Thompson Rd, Indianapolis, IN 46227

Contact for pricing
2,349 sqft

Absolute NNN lease with 1.50% annual increases.

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Downtown Indianapolis Restaurant Opportunity
Downtown Indianapolis Restaurant Opportunity

42 W South St, Indianapolis, IN 46225

Contact for pricing
11,864 sqft

Turnkey restaurant for sale near Lucas Oil Stadium.

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Mixed-Use Property with Office
Mixed-Use Property with Office

6516 Ferguson St, Indianapolis, IN 46220

Contact for pricing
1,924 sqft

Commercial conversion combining front-office space with a restaurant operation in a character-rich building.

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Taco Bell NNN Property
Taco Bell NNN Property

951 INDIANA AVE, Indianapolis, IN 46202

Contact for pricing
2,398 sqft

Absolute NNN structure with scheduled 1.50% annual increases in downtown Indianapolis.

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Single-Tenant Absolute NNN Restaurant
Single-Tenant Absolute NNN Restaurant

7345 E Washington St, Indianapolis, IN 46219

Contact for pricing
5,230 sqft

Absolute NNN-leased Applebee99s single-tenant restaurant in Indianapolis, operated by Flynn Group and guaranteed by Apple American Group LLC.

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Hotel with On-Site Restaurant
Hotel with On-Site Restaurant

7304 E 21st St, Indianapolis, IN 46219

$7,250,000

Established hospitality property with guest services, meeting space, fitness amenities, and on-site laundry.

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Drive-Through Restaurant
Drive-Through Restaurant

2903 Kentucky Avenue, Indianapolis, IN 46221

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The property is accessible from both Kentucky Avenue and Mooresville Road.

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Drive-Through Restaurant with Kitchen
Drive-Through Restaurant with Kitchen

4789 Kentucky Ave, Indianapolis, IN 46221

Contact for pricing

An operational drive-through, commercial kitchen footprint, and on-site parking support quick-service restaurant operations.

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Indianapolis, IN Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Indianapolis, IN, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 115,041 square feet of properties for sale, with an estimated market value of $13,260,000.

Sale prices for restaurant properties in Indianapolis, IN start at $450,000, averaging $1,473,333, and reaching up to $7,250,000 — 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 29
Drive through restaurants 18
Bars & Pubs 8
Coffee shops 4
Commercial kitchens 3

Demographics Overview

Population 979K
Population Growth (5Y) +2.8%
Median Household Income $67,417
College Educated 30.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46201 $635K
46239 $675K
46220 $685K
46234 $1M
46203 $1.3M

Taxes & Financing

Tax Rate (average for all types) 2.46%
Property Tax per SF $41.61 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Indianapolis fall within the 100,000+ square foot range.

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