31 E Main St - Storefront Retail/Office FOR SALE


Carmel, IN 46032- Downtown Carmel
$1,687,500 USD
765-293-2933
31 E Main St, Carmel, IN for Sale
$1,687,500 USD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

31 E Main St
Carmel, IN 46032
Downtown Carmel


HIGHLIGHTS

  • Rare mixed use offering in Downtown Carmel’s vibrant Arts & Design District along Main Street
  • Fully built-out restaurant and bar on floors 1 and 2
  • Unmatched outdoor patio seating for 64 guests directly across from the “1st on Main” mixed-use development
  • Includes three-way liquor license
  • Third-floor office space leased through June 2026
  • Excellent visibility just off the corner of Main St & Range Line Rd (20,000+ VPD)

OVERVIEW

Bellagio Real Estate Partners, LLC is pleased to present a rare opportunity to acquire a mixed-use property featuring a fully built-out, second-generation restaurant and bar space at 31 E Main Street, centrally located in the highly desirable Downtown Carmel, IN. Constructed in 2006, the three-story building spans approximately 3,925 square feet and offers an exceptional blend of indoor and outdoor dining environments. The first floor features a dining area, bar, and full kitchen, while the second floor has an additional bar and is ideal for private events or expanded restaurant seating. The third floor includes storage for the restaurant and 1,000 sf of office space, currently leased through June 2026. Additional highlights include a spacious outdoor patio with seating for up to 64 guests and an included three-way liquor license. The restaurant and bar are currently occupied, with the tenant on a month-to-month lease - offering an attractive second-generation space for a new operator to move in.

FOR SALE DETAILS

PRICE

$1,687,500 USD

PRICE/SF

$425 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Opportunity in Arts District

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

-

APN/PARCEL ID

29-10-30-301-003.101-018

ASK ABOUT THIS PROPERTY

Connor OkeBellagio Real Estate Partners LLCMore Info
765-293-2933

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Connor OkeBellagio Real Estate Partners LLCMore Info
765-293-2933

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.