Madison County, IN Restaurants for Sale

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Updated: Oct 15, 2025

Standalone Bank Building with Drive-Thru

525 E Hartman Road, Anderson, IN 46012

$270,000

2,604 sqft

Former bank building at 525 E Hartman Rd in Anderson, IN 46012
Stand‑alone property with drive‑thru canopy
Large corner lot with ample parking
Zoned B‑1 for office, medical, retail service, or QSR use
Year built: 1980

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This listing looks promising.

Here's a quick look at some key insights for

525 E Hartman Road, Anderson, IN 46012

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$25K
Annual
Price @ 7% Cap

$352K
Above asking
Property Type

Commercial (General)
Built 1980

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Updated: Jul 9

Renovated Conventional Restaurant Building

500 Broadway, Anderson, IN 46012

$450,000

1.85 AC lot

4,804+- SF conventional restaurant building
1.845+- acre lot at a signaled corner
Renovated in 2012; originally built in 1960
B‑2 zoning allows a range of business uses
Existing restaurant tenant; operating business excluded from sale

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Flex Space With Dock Doors

216 S 16th Street, Elwood, IN 46036

$39,900

0.16 AC lot

Adaptable commercial building with offices, bathrooms, natural light, and available natural gas service.

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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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Built-Out Neighborhood Tavern

518 N HARRISON ST, Alexandria, IN 46001

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2,072 sqft

Established hospitality property with bar infrastructure, commercial kitchen facilities, and a fenced outdoor patio.

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Single-Tenant Restaurant NNN

2820 Main Street, Elwood, IN 46036

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3,330 sqft

Hardee's restaurant is offered for sale with an absolute triple net lease and zero landlord responsibilities.

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Breakfast & Diner Near Apartments

1535 S A Street, Elwood, IN 46036

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Established food-service property positioned near local offices, public safety facilities, and a 70-unit apartment development.

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Freestanding Restaurant Building

6315 S Scatterfield Rd, Anderson, IN 46013

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Freestanding former restaurant offers direct visibility and easy access from I-69 for restaurant, retail, or medical uses.

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Mixed-Use Building with Separate Entrances

810 East 8th Street, Anderson, IN 46012

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Multiple levels support commercial, residential, or combined occupancy with distinct access points for each area.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Madison County, IN, we suggest exploring several alternatives: similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

B-3 Commercial Land Assemblage

241 N Scatterfield Road, Anderson, IN 46012

$2,700,000

21.55 AC lot

Four parcels offer separate acquisition options with natural gas availability and public sewer service.

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Commercial Land for Development

University Boulevard, Anderson, IN 46012

$812,000

8.12 AC lot

B-3 zoning supports a planned neighborhood shopping center, with public sewer available.

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B-4 Commercial Land

18th Street, Anderson, IN 46016

$50,000

0.45 AC lot

Three-parcel commercial site with B-4 General Business zoning and public sewer.

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Planned Business Commercial Land

4844 Conner Street, Noblesville, IN 46060

$1,799,000

2.20 AC lot

$240,000

Estimated value

1,756 sqft 0.67 AC lot

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Madison County, IN Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Madison County, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 12,810 square feet of properties for sale, with an estimated market value of $1,209,900.

Sale prices for restaurant properties in Madison County, IN start at $39,900, averaging $302,475, and reaching up to $450,000 — 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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