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Spencer, IN Restaurants for Sale

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Commercial Space Near Downtown Spencer
$294,900
0.10 Acres

Commercial Space Near Downtown Spencer

127 S Main St, Spencer, IN 47460

4,600 SF commercial space ideal for food production/retail.

  • ±4,600 SF commercial space ideal for food production, commissary, or specialty retail.
  • Located a short walk from Spencer’s historic downtown square.
  • Features a 12‑foot garage door and 10‑foot clear ceiling height.
  • Flexible open space supports various production and retail layouts.
  • Low annual real estate taxes of $2,792.
Updated: Oct 31, 2025
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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Versatile Mixed-Use Investment Property
$795,900
0.10 Acres

Versatile Mixed-Use Investment Property

Three-unit investment property with restaurant, office, and apartment.

402 W 6Th St, Bloomington, IN 47404
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Restaurant/Bar Opportunity in Bloomington, IN
$3,000,000
0.40 Acres

Restaurant/Bar Opportunity in Bloomington, IN

Restaurant/Bar with parking and open garage/warehouse space in Bloomington.

409 S Walnut St, Bloomington, IN 47401
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Turnkey Restaurant/Bar Opportunity
$374,999
0.23 Acres

Turnkey Restaurant/Bar Opportunity

Established restaurant with drive-through, fully equipped and renovated in 2021.

58 SE 1St St, Linton, IN 47441
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Restaurant/Bar in Linton, Indiana
$125,000
0.22 Acres

Restaurant/Bar in Linton, Indiana

Restaurant/bar property for sale in Linton, Indiana.

90 W Vincennes St, Linton, IN 47441
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Explore Off-Market Properties in Spencer, IN

Consider similar Off-Market properties in Spencer, 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.

14 Washington St

14 Washington St

RESTAURANT • 3,816 SF
Value Estimation by Request
14 Washington St, Spencer, IN 47460-1447
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6 Market St

6 Market St

RESTAURANT • 4,416 SF
Value Estimation by Request
6 Market St, Spencer, IN 47460-1734
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3 Franklin St

3 Franklin St

RESTAURANT • 3,776 SF
Value Estimation by Request
3 Franklin St, Spencer, IN 47460-1723
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2434 Us Hwy 231

2434 Us Hwy 231

RESTAURANT • 4,404 SF
Value Estimation by Request
2434 Us Hwy 231, Spencer, IN 47460-6652
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154 Main St

154 Main St

RESTAURANT • 6,016 SF
Value Estimation by Request
154 Main St, Spencer, IN 47460-1732
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404 Morgan St

404 Morgan St

RESTAURANT • 2,088 SF
Value Estimation by Request
404 Morgan St, Spencer, IN 47460-1542
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5 Franklin 1st N Main St

5 Franklin 1st N Main St

RESTAURANT • 4,398 SF
Value Estimation by Request
5 Franklin 1st N Main St, Spencer, IN 47460
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405 Franklin St

405 Franklin St

RESTAURANT • 4,077 SF
Value Estimation by Request
405 Franklin St, Spencer, IN 47460-1823
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2411 Riv Rd

2411 Riv Rd

RESTAURANT • 352 SF
Value Estimation by Request
2411 Riv Rd, Spencer, IN 47460-6716
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72 Market St

72 Market St

RESTAURANT • 7,114 SF
Value Estimation by Request
72 Market St, Spencer, IN 47460-1736
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Spencer, IN Restaurants Investment Opportunities Market Analysis

Explore 11 restaurants for sale in Spencer, IN on our real estate platform. These investment opportunities span a total of 584,795 square feet of properties for sale, with an estimated market value of $2,599,900.

Prices for restaurant properties in Spencer, IN start at $245,000, averaging $259,990, and reaching up to $294,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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