Mitchell, IN Restaurants for Sale

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Updated: May 27

Versatile Retail and Office Building

206 S 6th Street, Mitchell, IN 47446

$80,000

0.45 AC lot

344+/- SF building with laminate flooring and a metal roof
Zoned for flexible commercial or residential use
Wall unit cooling
Large gravel parking area plus green space with room to expand
Just steps from the Monon South Trail

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Updated: Apr 1

Drive-Thru Restaurant Building

3827 State Road 37, Mitchell, IN 47446

$850,000

2,771 sqft 0.50 AC lot

2,771 SF former quick‑service restaurant on a 0.5‑acre lot
Fully functional drive‑thru in place for high‑volume customer flow
Renovated in 2018 with updated interior and improved building systems
Ample parking and strong frontage along State Road 37 in Mitchell, Indiana

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 2 Active listings in Mitchell, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 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 & Bar

905 15th Street, Bedford, IN 47421

$449,000

0.26 AC lot

Updated within two years and sold with equipment, Ansul system, and grease pit for immediate restaurant/bar operations.

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Multi-Revenue Entertainment Venue

4747 W State Road 46, Bloomington, IN 47404

$1,500,000

2.81 AC lot

Fully renovated entertainment property with mini golf, restaurant/bar operations, live entertainment space, and short-term rental income potential.

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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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Zoned B-2 Restaurant Bar Building

1313 J Street, Bedford, IN 47421

Contact for pricing

A 13,000-square-foot B-2 building with bar, two kitchens, multiple restrooms, and two main entrances with paved parking.

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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

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

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

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

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 Mitchell, IN

Consider similar Off-Market properties in Mitchell, 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.

RESTAURANT

279 State Rd 60th E, Mitchell, IN 47446

Value Estimation by Request

672 sqft 0.38 AC lot

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RESTAURANT

3221 State Rd 37, Mitchell, IN 47446-6054

Value Estimation by Request

3,348 sqft 1.04 AC lot

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RESTAURANT

3159 State Rd 37, Mitchell, IN 47446

Value Estimation by Request

2,796 sqft 1.11 AC lot

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RESTAURANT

2285 Bono Rd, Mitchell, IN 47446-6058

Value Estimation by Request

2,592 sqft 120.55 AC lot

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RESTAURANT

643 Main St, Mitchell, IN 47446-1412

Value Estimation by Request

2,904 sqft 0.08 AC lot

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RESTAURANT

2449 Vfw Rd, Mitchell, IN 47446

Value Estimation by Request

4,947 sqft 1.06 AC lot

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RESTAURANT

101 Tom Grn Dr, Mitchell, IN 47446-8031

$1,040,000

Estimated value

10,342 sqft 2.87 AC lot

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RESTAURANT

State Rd 60th E, Mitchell, IN 47446

Value Estimation by Request

1,200 sqft 2.00 AC lot

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RESTAURANT

2860 State Rd 37, Mitchell, IN 47446-6017

Value Estimation by Request

1.24 AC lot

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RESTAURANT

2918 State Rd 37, Mitchell, IN 47446

Value Estimation by Request

View details

RESTAURANT

3593 State Rd 37, Mitchell, IN 47446-6059

Value Estimation by Request

1.26 AC lot

View details

RESTAURANT

3827 State Rd 37, Mitchell, IN 47446-6060

Value Estimation by Request

0.50 AC lot

View details

RESTAURANT

Sportsman Clb Rd, Mitchell, IN 47446

Value Estimation by Request

1,800 sqft 40.00 AC lot

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RESTAURANT

404 Sheeks Dr, Mitchell, IN 47446-1184

$535,000

Estimated value

9,970 sqft 4.00 AC lot

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RESTAURANT

641 Main St, Mitchell, IN 47446-1412

Value Estimation by Request

2,420 sqft 0.06 AC lot

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RESTAURANT

915 Main St, Mitchell, IN 47446-1330

Value Estimation by Request

1,094 sqft 0.33 AC lot

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RESTAURANT

505 Main St, Mitchell, IN 47446-1410

Value Estimation by Request

1,440 sqft 0.08 AC lot

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RESTAURANT

505 Main St, Mitchell, IN 47446-1410

Value Estimation by Request

4,008 sqft 0.13 AC lot

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RESTAURANT

196 Gun Clb Rd, Mitchell, IN 47446

Value Estimation by Request

1,938 sqft 1.00 AC lot

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RESTAURANT

1111 Brk St, Mitchell, IN 47446

Value Estimation by Request

1,540 sqft 0.23 AC lot

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RESTAURANT

111 7th St, Mitchell, IN 47446-1406

Value Estimation by Request

1,050 sqft 0.03 AC lot

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Mitchell, IN Restaurants Market Trends and Statistics

Explore 23 restaurants for sale in Mitchell, IN on our real estate platform. These investment opportunities span a total of 2,771 square feet of properties for sale, with an estimated market value of $930,000.

Sale prices for restaurant properties in Mitchell, IN start at $80,000, averaging $465,000, and reaching up to $850,000 — 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

Demographics Overview

Population 9,259

Population Growth (5Y) -12.4%

Median Household Income $53,182

College Educated 28.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
47446	$687.5K

Taxes & Financing

Tax Rate (average for all types) 1.75%

Property Tax per SF $41.11 per SF

Tax Rate vs County Average 0.65 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lawrence County

New Delisted

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Mitchell, IN Restaurants for Sale

206 S 6th Street, Mitchell, IN 47446

3827 State Road 37, Mitchell, IN 47446

Opportunities in Nearby Cities

905 15th Street, Bedford, IN 47421

4747 W State Road 46, Bloomington, IN 47404

409 S Walnut Street, Bloomington, IN 47401

1313 J Street, Bedford, IN 47421

Potential Development Sites for Consideration

1906 W 3rd Street, Bloomington, IN 47403

3480 W Runkle Way, Bloomington, IN 47404

4125 W State Road 46, Bloomington, IN 47404

3655 W State Road 46, Bloomington, IN 47404

Off-Market Properties in Mitchell, IN

279 State Rd 60th E, Mitchell, IN 47446

3221 State Rd 37, Mitchell, IN 47446-6054

3159 State Rd 37, Mitchell, IN 47446

2285 Bono Rd, Mitchell, IN 47446-6058

643 Main St, Mitchell, IN 47446-1412

2449 Vfw Rd, Mitchell, IN 47446

101 Tom Grn Dr, Mitchell, IN 47446-8031

State Rd 60th E, Mitchell, IN 47446

2860 State Rd 37, Mitchell, IN 47446-6017

2918 State Rd 37, Mitchell, IN 47446

3593 State Rd 37, Mitchell, IN 47446-6059

3827 State Rd 37, Mitchell, IN 47446-6060

Sportsman Clb Rd, Mitchell, IN 47446

404 Sheeks Dr, Mitchell, IN 47446-1184

641 Main St, Mitchell, IN 47446-1412

915 Main St, Mitchell, IN 47446-1330

505 Main St, Mitchell, IN 47446-1410

505 Main St, Mitchell, IN 47446-1410

196 Gun Clb Rd, Mitchell, IN 47446

1111 Brk St, Mitchell, IN 47446

111 7th St, Mitchell, IN 47446-1406

Mitchell, IN Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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