$4,800,000

555 S Indiana Street, Mooresville, IN 46158

  • 22,647 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $212/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

Rare Opportunity - Former Gray's Restaurant | Turnkey or Redevelopment Site - Price Drop! Motivated! just reduced the price on this iconic former restaurant space, creating an exceptional opportunity for investors, developers, or restaurateurs! Located in a high-visibility, well-traveled area, this property is ideal for a turnkey restaurant setup-with existing kitchen infrastructure, dining space, and layout ready to go-or perfect for redevelopment into a retail, mixed-use, or commercial concept. The building offers flexible zoning, ample parking, and strong traffic counts, making it a strategic site for a variety of business models. Whether you're launching your next dining concept or reimagining the site entirely, this is a property with strong bones and endless potential. Priced to sell - bring offers!

Listing Status:
Pending
Listing Office:
Your Home Team : 317-281-7996
Listing Agent:
Corina Jones : 317-281-7996
MLS ID:
22021733
  • A/C: Central Air
  • Heating: Natural Gas
  • Parking: AsphaltStorageWorkshop in Garage
  • Roofing: Shingle
  • Road/Access: State Road
  • Originating MLS: mibor
  • School District: Mooresville Con School Corp
  • County: Morgan
  • Zoning: CommercialS36 T14 R1e Pt E Sw 3 A.550136380006000005
  • Current Use: Restaurant
  • Utilities: Natural Gas ConnectedSewer ConnectedWater Connected
  • Source: mibor

This listing courtesy of Corina Jones, Your Home Team

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Neil Armstrong Elementary School

1000 Rd 144, Mooresville, IN, 46158

Grades KG-6

0.83 miles away

P

Paul Hadley Middle School

200 W Carlisle St, Mooresville, IN, 46158

Grades 7-8

1.08 miles away

M

Mooresville High School

550 N Indiana St, Mooresville, IN, 46158

Grades 9-12

1.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.