5527 N Keystone Ave - Restaurant FOR SALE


Indianapolis, IN 46220- Millersville
$685,000 USD
317-590-7757
5527 N Keystone Ave, Indianapolis, IN for Sale
$685,000 USD
Restaurant - FOR SALE
1/20
null | Request Cap Rate

5527 N Keystone Ave
Indianapolis, IN 46220
Millersville


HIGHLIGHTS

  • High-exposure restaurant/QSR opportunity
  • Heavy traffic northside retail corridor location

OVERVIEW

Position your brand at one of Indianapolis' most visible northside retail corridors with this high-exposure restaurant/QSR opportunity at 5527 N Keystone Avenue. Formerly home to a long-standing local donut concept and currently configured for restaurant use, this highly recognizable site offers the exact characteristics national and regional QSR operators seek: signalized access, exceptional visibility, prominent signage, strong vehicle counts, dedicated parking, and potential drive-thru adaptability. Strategically located along the heavily traveled Keystone Avenue corridor near 56th Street, this site benefits from significant daily traffic flow and strong surrounding retail synergy, placing your brand in front of thousands of consumers every day. Positioned between Subway and Wendy's and across from Meijer Super center, this location offers built-in customer awareness and proven food-service viability. The building offers approximately 1,795 square feet of restaurant-ready space, ideal for quick-service, fast casual, coffee, dessert, beverage, sandwich, chicken, burger, taco, or specialty concepts. Existing restaurant infrastructure, combined with a flexible layout, can significantly reduce time-to-opening and buildout costs for the right operator. Fantastic location and condition. New roof 2023, New parking lot 2023, New RTU 2024, new build out 2023 on inside, New dumpster enclosure 2025. High traffic count and visibility with large monument sign. The current tenant has a 10-year lease.

FOR SALE DETAILS

PRICE

$685,000 USD

PRICE/SF

$371 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,902 SF

ZONING

-

APN/PARCEL ID

49-07-08-103-006.000-801

ASK ABOUT THIS PROPERTY

Glenn BilleXp Realty, LLCMore Info
317-590-7757

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Glenn BilleXp Realty, LLCMore Info
317-590-7757

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