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Spencer, IN

Restaurants

Spencer, IN Restaurants for Sale

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Gosport, IN Freedom, IN Ellettsville, IN Bloomington, IN Solsberry, IN Bloomfield, IN Quincy, IN Coal City, IN

Taco Bell Drive-Through Restaurant

Updated: Apr 12

Taco Bell Drive-Through Restaurant

234 E Morgan St, Spencer, IN 47460

Contact for pricing

2,969 sqft 0.39 AC lot

2,969‑square‑foot Taco Bell restaurant on 0.39 acres
Remodeled to Taco Bell’s latest prototype
New 15‑year absolute NNN lease planned at closing
7.5% rent increases every 5 years during the initial term and renewal options
Four 5‑year renewal options

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 19 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, 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.

Renovated Mini-Golf Property

Renovated Mini-Golf Property

4747 W State Road 46, Bloomington, IN 47404

$1,500,000

2.81 AC lot

Multi-use entertainment venue with restaurant, bar, live music, parking, and an updated efficiency apartment.

Restaurant and Storage Units For Sale

Restaurant and Storage Units For Sale

18 N 4th St, Gosport, IN 47433

Contact for pricing

5,933 sqft

Restaurant with tap room and storage units for sale.

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.

Retail Space with Commercial Kitchen

Retail Space with Commercial Kitchen

3116 Canterbury Ct, Bloomington, IN 47404

Contact for pricing

Northside retail property with a commercial kitchen, three offices, and a showroom under an existing lease.

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 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.

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.

Commercial Land Parcel

Commercial Land Parcel

905 Plaza Drive, Martinsville, IN 46151

$1,200,000

2.06 AC lot

B2-zoned tract with visibility from I69 and cable availability.

White River Commercial Land

White River Commercial Land

4440 State Road 37 N, Martinsville, IN 46151

$6,800,000

29.87 AC lot

Multiple zoning designations and on-site electrical utilities support a range of commercial land uses.

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.

404 Morgan St

RESTAURANT

404 Morgan St, Spencer, IN 47460-1542

$250,000

Estimated value

2,088 sqft 0.48 AC lot

2434 Us Hwy 231

RESTAURANT

2434 Us Hwy 231, Spencer, IN 47460-6652

$255,000

Estimated value

4,404 sqft 10.11 AC lot

405 Franklin St

RESTAURANT

405 Franklin St, Spencer, IN 47460-1823

$255,000

Estimated value

4,077 sqft 0.33 AC lot

6 Market St

RESTAURANT

6 Market St, Spencer, IN 47460-1734

$260,000

Estimated value

4,416 sqft 0.08 AC lot

72 Market St

RESTAURANT

72 Market St, Spencer, IN 47460-1736

$265,000

Estimated value

7,114 sqft 0.29 AC lot

2411 Riv Rd

RESTAURANT

2411 Riv Rd, Spencer, IN 47460-6716

$245,000

Estimated value

352 sqft 1.72 AC lot

14 Washington St

RESTAURANT

14 Washington St, Spencer, IN 47460-1447

$255,000

Estimated value

3,816 sqft 0.23 AC lot

154 Main St

RESTAURANT

154 Main St, Spencer, IN 47460-1732

$285,000

Estimated value

6,016 sqft 0.20 AC lot

5 Franklin 1st N Main St

RESTAURANT

5 Franklin 1st N Main St, Spencer, IN 47460

$260,000

Estimated value

4,398 sqft 0.05 AC lot

3 Franklin St

RESTAURANT

3 Franklin St, Spencer, IN 47460-1723

$260,000

Estimated value

3,776 sqft 0.04 AC lot

Spencer, IN Restaurants Market Trends and Statistics

Explore 11 restaurants for sale in Spencer, IN on our real estate platform. These investment opportunities span a total of 2,969 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 11K

Population Growth (5Y) +4.4%

Median Household Income $67,688

College Educated 29.5%

Taxes & Financing

Tax Rate (average for all types) 1.89%

Property Tax per SF $34.39 per SF

Tax Rate vs County Average 0.09 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Owen County

New Delisted

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