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    Evansville, IN
    Restaurants

    Evansville, IN Restaurants for Sale

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    Bar and Restaurant Building with Rooftop Deck
    Updated: Jun 22
    Bar and Restaurant Building with Rooftop Deck

    22 NW Sixth Street, Evansville, IN 47708

    $950,000
    0.07 AC lot
    2017 structural and MEP upgrades incl 3‑phase electric and full code kitchen
    Full code kitchen includes grease trap and an 11' hood
    Second‑floor bar and cocktail lounge with separate street front entrance and egress
    Rooftop deck at the building
    State submitted IDHS occupancy documents available
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    Freestanding QSR Drive-Thru
    Updated: Apr 3
    Freestanding QSR Drive-Thru

    4650 University Dr, Evansville, IN 47712

    $2,087,723
    3,263 sqft
    Freestanding QSR with drive‑thru and a corporately guaranteed absolute NNN lease
    Arby’s Restaurant Group (Inspire Brands) lease includes 7.5 years remaining plus three, 5‑year renewal options
    8% rental increases every five years and in the renewal options
    Located on West Evansville’s main retail corridor along Lloyd Expressway with exposure to 28,664 vehicles per day
    Nearby draw includes University of Southern Indiana (1,400‑acre campus, 9,286 student enrollment) about 2.5 miles away
    View details
    Restaurant-Ready Retail or Office
    Restaurant-Ready Retail or Office

    4321 N Hwy 41, Evansville, IN 47711

    $350,000
    3,638 sqft

    Restaurant facility on a major highway corridor with M-2 zoning and approximately 33,000 vehicles per day.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Leased Mexican Restaurant Outparcel
    Leased Mexican Restaurant Outparcel

    990 S Green River Rd, Evansville, IN 47715

    Contact for pricing
    11,565 sqft 1.47 AC lot

    Mexican restaurant building on a signalized hard-corner with strong visibility along South Green River Road.

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    Freestanding Drive-Thru Restaurant
    Freestanding Drive-Thru Restaurant

    3910 E Morgan Ave, Evansville, IN 47715

    Contact for pricing
    3,371 sqft

    Freestanding restaurant building with a drive-thru lane and full basement, available for NNN lease in Evansville.

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    Drive-Through Restaurant NNN Leasehold
    Drive-Through Restaurant NNN Leasehold

    2411 Stringtown Rd, Evansville, IN 47711

    Contact for pricing
    2,400 sqft 0.68 AC lot

    Little Caesars drive-through restaurant on a corner lot with an existing NNN lease structure and renewal options.

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    Promenade Retail Center For Sale
    Promenade Retail Center For Sale

    1223 Hirschland Rd, Evansville, IN 47715

    Contact for pricing
    12,316 sqft

    Highly visible shopping center in Evansville's strongest retail corridor.

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    Freestanding Restaurant with Equipment
    Freestanding Restaurant with Equipment

    5232 Weston Rd, Evansville, IN 47712

    Contact for pricing
    3,337 sqft

    Freestanding, fully built-out restaurant with furniture, fixtures, and restaurant equipment in place along a major retail corridor.

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    Restaurant and Bar with Liquor License
    Restaurant and Bar with Liquor License

    315 N Main St, Evansville, IN 47711

    Contact for pricing
    4,398 sqft

    For-sale restaurant/bar on a 0.23-acre lot with business assets and liquor license included.

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    Corner Restaurant with Upstairs Event Space
    Corner Restaurant with Upstairs Event Space

    501 N Green River Rd, Evansville, IN 47715

    Contact for pricing
    9,987 sqft

    Corner restaurant on an outlot with a perpetual easement for 73 parking spaces and included equipment.

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    Versatile Event Venue For Sale
    Versatile Event Venue For Sale

    8335 Eagle Lake Drive, Evansville, IN

    Contact for pricing
    7,233 sqft 1.31 AC lot

    Turnkey event center suitable for retail, restaurant, or office.

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    Renovated Restaurant with Commercial Kitchen
    Renovated Restaurant with Commercial Kitchen

    966 Washington Ave, Evansville, IN 47713

    Contact for pricing
    939 sqft

    Renovated in 2021 with replacement roof, HVAC, and kitchen equipment including refrigeration and dough mixer.

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    Historic Mixed-Use Building with Loft
    Historic Mixed-Use Building with Loft

    18-20 Northwest 6th Street, Evansville, IN 47708

    Contact for pricing
    8,230 sqft

    Two-story mixed-use building with a renovated second-floor short-term rental plus ground-floor commercial space in shell condition.

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    Drive-Through Restaurant Building
    Drive-Through Restaurant Building

    2519 N First Ave, Evansville, IN 47710

    Contact for pricing

    Former Long John Silvers restaurant with a drive-thru window, dining rooms, and substantial remaining kitchen equipment.

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    Evansville Bar and Restaurant Opportunity
    Evansville Bar and Restaurant Opportunity

    907 N Fares Ave, Evansville, IN

    Contact for pricing
    2,499 sqft 0.19 AC lot

    Bar and restaurant property for sale with liquor license.

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    Restaurant with Walk-In Cooler
    Restaurant with Walk-In Cooler

    606 N Main Street, Evansville, IN 47711

    Contact for pricing

    Restaurant property includes a dining area with seven four-top tables and a large walk-in cooler for weekly storage.

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    Single-Tenant KFC NNN Restaurant
    Single-Tenant KFC NNN Restaurant

    900 S Green River Rd, Evansville, IN 47715

    Contact for pricing

    Single-tenant KFC operated since 1995 with NNN structure and tenant responsibility for building repairs.

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    Multi-Unit Restaurant Portfolio
    Multi-Unit Restaurant Portfolio

    605-617 N Main St, Evansville, IN 47711

    Contact for pricing

    Four-property portfolio includes restaurant real estate, equipment, and a liquor license with additional rental income.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Evansville, IN, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    Off-Market Properties in Evansville, IN

    Consider similar Off-Market properties in Evansville, 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.

    4515 Washington Ave
    RESTAURANT

    4515 Washington Ave, Evansville, IN 47714

    $255,000
    Estimated value
    1,728 sqft 0.56 AC lot
    View details
    3901 Hwy 41st N
    RESTAURANT

    3901 Hwy 41st N, Evansville, IN 47711-3583

    $265,000
    Estimated value
    5,450 sqft 1.01 AC lot
    View details
    1401 Covert Ave
    RESTAURANT

    1401 Covert Ave, Evansville, IN 47714-3525

    $250,000
    Estimated value
    1,598 sqft 0.23 AC lot
    View details
    11200 Uppr Mt Vernon Rd
    RESTAURANT

    11200 Uppr Mt Vernon Rd, Evansville, IN 47712-9585

    $265,000
    Estimated value
    4,808 sqft 1.06 AC lot
    View details
    5125 Pearl Dr
    RESTAURANT

    5125 Pearl Dr, Evansville, IN 47712-8109

    $505,000
    Estimated value
    6,735 sqft 1.61 AC lot
    View details
    3433 Grn Riv Rd
    RESTAURANT

    3433 Grn Riv Rd, Evansville, IN 47715-1349

    $265,000
    Estimated value
    1,512 sqft 0.95 AC lot
    View details

    Evansville, IN Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Evansville, IN, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 73,176 square feet of properties for sale, with an estimated market value of $3,387,723.

    Sale prices for restaurant properties in Evansville, IN start at $350,000, averaging $1,129,241, and reaching up to $2,087,723 — 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

    Conventional restaurants 11
    Drive through restaurants 11
    Bars & Pubs 6
    Commercial kitchens 5
    Turn key restaurants 1

    Demographics Overview

    Population 183K
    Population Growth (5Y) +10.0%
    Median Household Income $64,157
    College Educated 10.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    47711 $350K
    47714 $674.5K
    47708 $950K
    47712 $2.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.78%
    Property Tax per SF $43.26 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vanderburgh County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Evansville fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Evansville, IN

    • 47711
    • 47715
    • 47708
    • 47712
    • 47710
    • 47713

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