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    Paragon, IN Restaurants for Sale

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    Retail Building with Drive-Through
    Updated: Jun 25
    Retail Building with Drive-Through

    2300 S State Road 67, Paragon, IN 46166

    $129,900
    0.21 AC lot
    Commercial property built in 1945
    Convenient access from Indiana State Road 67 for high daily traffic visibility
    Large paved parking area to support customer and business needs
    Drive‑thru window already in place for food service, retail, or other customer‑focused uses
    Existing building offers options to renovate for business use or redevelop the site
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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 11 Potential Opportunities for your consideration. Besides 1 Active listings in Paragon, 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.

    Restaurant and Tap Room Opportunity
    Restaurant and Tap Room Opportunity

    18 N Fourth Street, Gosport, IN 47433

    $425,000
    0.23 AC lot

    Downtown restaurant and tap room sale includes major kitchen and tap equipment, plus walk-in refrigeration and storage units.

    View details
    Restaurant with Dock Access
    Restaurant with Dock Access

    8939 E Southshore Drive, Unionville, IN 47468

    $795,000
    0.56 AC lot

    Freestanding restaurant and detached cabin with direct lake dock access and included operating licenses and equipment.

    View details
    Restaurant and Tap Room
    Restaurant and Tap Room

    18 N Fourth Street, Gosport, IN 47433

    Contact for pricing
    0.23 AC lot

    Operating pizza restaurant and tap room with extensive included equipment and an overhead delivery door.

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    Lakefront Bar & Grill Property
    Lakefront Bar & Grill Property

    8939 E Southshore Dr, Unionville, IN 47468

    Contact for pricing
    2,682 sqft

    Restaurant building with bar, commercial kitchen, indoor and outdoor seating, plus a dock with annual lease.

    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.

    Commercial Land Tract
    Commercial Land Tract

    905 Plaza Drive, Martinsville, IN 46151

    $1,200,000
    2.06 AC lot

    B2-zoned land offering development flexibility with strong regional visibility from I-69.

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    Commercial Land with State Road Frontage
    Commercial Land with State Road Frontage

    4295 W State Road 46, Bloomington, IN 47404

    $799,900
    4.29 AC lot

    Zoned Commercial C-2 and offers substantial State Road 46 frontage for retail, restaurant, or multifamily development.

    View details
    Ready-to-Build Commercial Lot
    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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    Commercial Land Ready for Building
    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.

    View details

    Off-Market Properties in Paragon, IN

    Consider similar Off-Market properties in Paragon, 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.

    100 Un St
    RESTAURANT

    100 Un St, Paragon, IN 46166

    Value Estimation by Request
    1,316 sqft 0.14 AC lot
    View details
    2285 State Rd 67
    RESTAURANT

    2285 State Rd 67, Paragon, IN 46166

    Value Estimation by Request
    4,800 sqft 0.32 AC lot
    View details

    Paragon, IN Restaurants Market Trends and Statistics

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

    Sale prices for restaurant properties in Paragon, IN average $129,900 — 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 2,819
    Population Growth (5Y) +34.2%
    Median Household Income $82,528
    College Educated 14.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46166 $364.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.16%
    Property Tax per SF $17.23 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morgan County

    New Delisted

    Total CRE Inventory on Market (SF)

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