Restaurants

Leesburg, IN Restaurants for Sale

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Warsaw, IN North Webster, IN Syracuse, IN Winona Lake, IN New Paris, IN Pierceton, IN Nappanee, IN Cromwell, IN
Historic Mixed-Use Property
Updated: May 21
Historic Mixed-Use Property

100 S Old State Road 15, Leesburg, IN 46538

$599,000
3.77 AC lot
Main building contains approximately 4,780 SF
Built in 1900 as the Leesburg Mill
Commercial and residential zoning
Secondary building includes apartment or living space
Brewery and dining improvements with gathering areas and storage
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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 11 Potential Opportunities for your consideration. Besides 1 Active listings in Leesburg, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

417 S Huntington St, Syracuse, IN 46567

$275,000
4,500 sqft 0.47 AC lot

Restaurant improvements, living quarters, and commercial expansion space occupy a prominent downtown parcel.

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NNN Leased Restaurant Investment
NNN Leased Restaurant Investment

2401 E Center St, Warsaw, IN 46580

$2,190,000
3,200 sqft

Long-term NNN lease with zero landlord responsibilities.

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Historic Downtown Restaurant Building
Historic Downtown Restaurant Building

108 & 110 E Market Street, Warsaw, IN 46580

$615,000
0.07 AC lot

Leased restaurant property with a renovated main level, second-floor expansion potential, and full basement storage.

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Mixed-Use Restaurant Property
Mixed-Use Restaurant Property

201 W Main Street, Syracuse, IN 46567

$550,000
0.06 AC lot

Includes a full-service bar, open kitchen, and renovated apartment above the dining space.

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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.

C-3 Commercial Corner Lot
C-3 Commercial Corner Lot

Sheldon Road, Warsaw, IN 46582

$725,000
1.50 AC lot

Commercial land with C-3 zoning in Warsaw’s newer retail and commercial district.

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Corner Commercial Land With Retail Building
Corner Commercial Land With Retail Building

504 & 518 S Main Street, North Webster, IN 46555

$198,000
1.79 AC lot

Corner commercial land includes an existing small retail building and additional vacant ground for development.

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Elkhart Commercial Land For Sale
Elkhart Commercial Land For Sale

920 Parkway Avenue, Elkhart, IN 46516

$115,000
0.53 AC lot

Commercial land available within the Parkway development, Elkhart, Indiana.

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Elkhart Commercial Land For Sale
Elkhart Commercial Land For Sale

924 Parkway Avenue, Elkhart, IN 46516

$115,000
0.56 AC lot

Commercial land available in Elkhart, Indiana, zoned B-3.

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Off-Market Properties in Leesburg, IN

Consider similar Off-Market properties in Leesburg, 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.

309 Main St
RESTAURANT

309 Main St, Leesburg, IN 46538

$255,000
Estimated value
3,753 sqft 0.55 AC lot
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7262 Kalorama Rd
RESTAURANT

7262 Kalorama Rd, Leesburg, IN 46538

$735,000
Estimated value
22,494 sqft 83.46 AC lot
View details

Leesburg, IN Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Leesburg, IN on our real estate platform.

Sale prices for restaurant properties in Leesburg, IN average $599,000 — 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 1

Demographics Overview

Population 4,369
Population Growth (5Y) +13.4%
Median Household Income $86,923
College Educated 40.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46538 $599K

Taxes & Financing

Tax Rate (average for all types) 1.16%
Property Tax per SF $30.73 per SF
Tax Rate vs County Average 0.76 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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