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621 N Fort Wayne Ave 1,890 SF Retail Building Indianapolis, IN 46204 $675,000 ($357.14/SF)
EXECUTIVE SUMMARY
This 1,890 square foot restaurant space is ideally located in the heart of downtown Indianapolis. This property features excellent visibility, strong foot traffic, and proximity to nearby offices, residences, and entertainment venues. The space is fully equipped with range, hood, stove and fryers and also includes all furniture, fixtures, and equipment, allowing a new operator to open quickly with minimal upfront investment. This is a rare, turnkey restaurant opportunity in a highly sought-after downtown location and will not last long.
This property is also available to lease with an asking rate of $35 PSF MG ($5,512.50 per month) net of utilities and janitorial.
Owner has a 3-way liquor license and tobacco license that could be purchased separately.
This property is also available to lease with an asking rate of $35 PSF MG ($5,512.50 per month) net of utilities and janitorial.
Owner has a 3-way liquor license and tobacco license that could be purchased separately.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,890 SF
Building Class
C
Year Built/Renovated
1939/2025
Price
$675,000
Price Per SF
$357.14
Tenancy
Single
Building Height
1 Story
Building FAR
0.84
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
CBD-3
Parking
2 Spaces (1.06 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Restaurant
- Security System
- Air Conditioning
Walk Score®
Walker's Paradise (95)
Bike Score®
Biker's Paradise (98)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-11-01-190-003.000-101 | Improvements Assessment | $68,400 (2024) |
| Land Assessment | $49,600 (2024) | Total Assessment | $118,000 (2024) |
PROPERTY TAXES
Parcel Number
49-11-01-190-003.000-101
Land Assessment
$49,600 (2024)
Improvements Assessment
$68,400 (2024)
Total Assessment
$118,000 (2024)
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