Restaurants

Mitchell, IN Restaurants for Sale

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Drive-Thru Restaurant Building
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 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 28 Potential Opportunities for your consideration. Besides 1 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 2 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.

Downtown Restaurant with Equipment
Downtown Restaurant with Equipment

905 15th St, Bedford, IN 47421

$449,000
1,728 sqft 0.26 AC lot

Updated restaurant space includes operating infrastructure and a three-way liquor license.

View details
Turnkey Restaurant with Pizza Oven
Turnkey Restaurant with Pizza Oven

120 W Jefferson Street, Orleans, IN 47452

$300,000
1,425 sqft

Turnkey restaurant with dining area, fully functional kitchen, restroom, large display windows, and an included pizza oven.

View details
Multi-Purpose Building with Highway Access
Multi-Purpose Building with Highway Access

686 S Maple St, Orleans, IN 47452

$169,900
3,450 sqft

3450 SF multi-purpose building suitable for various businesses.

View details
Updated Restaurant with Bar
Updated Restaurant with Bar

905 15th Street, Bedford, IN 47421

$449,000
0.26 AC lot

Recently updated restaurant property with included equipment, central air, and off-street parking.

View details

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 Commercial Land
MC-Zoned Commercial Land

1906 W 3rd Street, Bloomington, IN 47403

$275,000
0.98 AC lot

Vacant parcel with MC zoning for retail, office, and contractor-service uses, including drive-through restaurant development.

View details
Commercial Land Near Retail Anchors
Commercial Land Near Retail Anchors

3480 W Runkle Way, Bloomington, IN 47404

$595,000
2.39 AC lot

Commercial parcel near retail, hospitality, and restaurant properties with access to Gates Drive.

View details

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.

279 State Rd 60th E
RESTAURANT

279 State Rd 60th E, Mitchell, IN 47446

Estimated value:
$250,000
672 sqft 0.38 AC lot
View details
3221 State Rd 37
RESTAURANT

3221 State Rd 37, Mitchell, IN 47446-6054

Estimated value:
$300,000
3,348 sqft 1.04 AC lot
View details
3159 State Rd 37
RESTAURANT

3159 State Rd 37, Mitchell, IN 47446

Estimated value:
$265,000
2,796 sqft 1.11 AC lot
View details
2285 Bono Rd
RESTAURANT

2285 Bono Rd, Mitchell, IN 47446-6058

Estimated value:
$220,000
2,592 sqft 120.55 AC lot
View details
643 Main St
RESTAURANT

643 Main St, Mitchell, IN 47446-1412

Estimated value:
$260,000
2,904 sqft 0.08 AC lot
View details
2449 Vfw Rd
RESTAURANT

2449 Vfw Rd, Mitchell, IN 47446

Estimated value:
$275,000
4,947 sqft 1.06 AC lot
View details
101 Tom Grn Dr
RESTAURANT

101 Tom Grn Dr, Mitchell, IN 47446-8031

Estimated value:
$1,040,000
10,342 sqft 2.87 AC lot
View details
State Rd 60th E
RESTAURANT

State Rd 60th E, Mitchell, IN 47446

Estimated value:
$155,000
1,200 sqft 2.00 AC lot
View details
2860 State Rd 37
RESTAURANT

2860 State Rd 37, Mitchell, IN 47446-6017

Estimated value:
$325,000
1.24 AC lot
View details
2918 State Rd 37
RESTAURANT

2918 State Rd 37, Mitchell, IN 47446

Estimated value:
$470,000
View details
3593 State Rd 37
RESTAURANT

3593 State Rd 37, Mitchell, IN 47446-6059

Estimated value:
$260,000
1.26 AC lot
View details
3827 State Rd 37
RESTAURANT

3827 State Rd 37, Mitchell, IN 47446-6060

Estimated value:
$295,000
0.50 AC lot
View details
Sportsman Clb Rd
RESTAURANT

Sportsman Clb Rd, Mitchell, IN 47446

Estimated value:
$150,000
1,800 sqft 40.00 AC lot
View details
404 Sheeks Dr
RESTAURANT

404 Sheeks Dr, Mitchell, IN 47446-1184

Estimated value:
$290,000
9,970 sqft 4.00 AC lot
View details
641 Main St
RESTAURANT

641 Main St, Mitchell, IN 47446-1412

Estimated value:
$260,000
2,420 sqft 0.06 AC lot
View details
915 Main St
RESTAURANT

915 Main St, Mitchell, IN 47446-1330

Estimated value:
$235,000
1,094 sqft 0.33 AC lot
View details
505 Main St
RESTAURANT

505 Main St, Mitchell, IN 47446-1410

Estimated value:
$250,000
1,440 sqft 0.08 AC lot
View details
505 Main St
RESTAURANT

505 Main St, Mitchell, IN 47446-1410

Estimated value:
$260,000
4,008 sqft 0.13 AC lot
View details
196 Gun Clb Rd
RESTAURANT

196 Gun Clb Rd, Mitchell, IN 47446

Estimated value:
$225,000
1,938 sqft 1.00 AC lot
View details
1111 Brk St
RESTAURANT

1111 Brk St, Mitchell, IN 47446

Estimated value:
$170,000
1,540 sqft 0.23 AC lot
View details
111 7th St
RESTAURANT

111 7th St, Mitchell, IN 47446-1406

Estimated value:
$160,000
1,050 sqft 0.03 AC lot
View details

Mitchell, IN Restaurants Market Trends and Statistics

Explore 22 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 $850,000.

Sale prices for restaurant properties in Mitchell, IN average $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

Drive through restaurants 1

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 $850K

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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