Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Sale Price: $2,100,000
  • Flexible Layout Supporting Dining, Event, or Office Space
  • Indoor/ Outdoor Hospitality Flow including Patio and Rooftop Areas
  • 11,864 SF Across 3 Stories Plus a 720 SF Rooftop Patio
  • Fully Built Commercial Kitchen and Bar Infrastructure in Place
  • Walkable Access to Hotels, Dining, Nightlife, and Downtown Amenities

Executive Summary

Rare Turnkey Restaurant Opportunity for Sale in Downtown Indianpolis Steps Away From
Lucas Oil Stadium

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,864 SF
Building Class
B
Year Built
1900
Tenancy
Single
Building Height
2 Stories
Building FAR
1.60
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
C4 RC & CBD 2 R4
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
The Old Spaghetti Factory
Hooters
Steak ‘n Shake
P.F. Chang's
Ruth's Chris Steak House
Yard House
The Oceanaire Seafood Room
Centier Bank
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
49-11-11-166-006.000-101
Land Assessment
$242,000
Improvements Assessment
$820,400
Total Assessment
$1,062,400
  • Listing ID: 39672438

  • Date on Market: 3/5/2026

  • Last Updated:

  • Address: 42 W South St, Indianapolis, IN 46225

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}