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Tim Haber

tim@teamhaber.com +1(260) 403-1940

Listed by Tarter Realty Auction and Appraisal Company

$ 1,195,000

Est. payment | -/mo

2 Baths

4,791 Sqft Lot

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$ 1,195,000

Est. payment | -/mo

Save Virtual Tour

2 Baths

4,791 Sqft Lot

Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

MLS Listing ID IRM202623364

HOA Y/N No

Year Built 1989

Annual Tax Amount $21,306

Tax Year 2026

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 0.11 acres

Property Sub-Type Restaurant

Property Description

Strategically positioned on the Interstate 70 corridor at one of Richmond's highest-traffic commercial nodes, this freestanding former Fazoli's presents a compelling multi-use opportunity for investors, franchise operators, and developers alike.? The building conveys fully equipped with commercial kitchen infrastructure and a functional drive-thru lane, providing a rare, immediate-occupancy advantage that dramatically compresses time-to-open and reduces build-out capital requirements for the right operator.? Richmond serves as the urban and economic hub of Wayne County and anchors a seven-county trade region with over 209,000 residents and a regional income base exceeding $10.4 billion.? The E.? National Road corridor has evolved into one of Indiana's strongest retail concentrations east of Indianapolis - anchored by Walmart, Lowe's, Kohl's, AMC Theatres, Cracker Barrel, Bob Evans, Taco Bell, and Walgreens, establishing consistent consumer traffic that supports virtually every QSR, fast-casual, and service retail format.? The property's location near the Indiana-Ohio state line adds a meaningful transient traffic component.? With I-70 terminating at the Ohio border just miles east, this site captures both inbound and outbound interstate travelers - a dual demand driver that distinguishes it from comparable Richmond retail pads.? Additional institutional traffic generators within five miles include Reid Health, Indiana University East, Ivy Tech Community College, and Earlham College.? Three deal structures are available to accommodate the full range of ownership, franchise, and developer requirements: purchase the land and building outright, lease the existing space as-is on a NNN basis, or pursue a land lease for ground-up build-to-suit development.?

Location

State IN

Rooms

Basement Slab

Interior

Heating Gas, Forced Air

Inclusions Building, Inventory

Fireplace N

Exterior

Parking Features Parking Lot

View Y/N true

Building

Sewer Public Sewer

Water City

New Construction No

Others

Pets Allowed No

Tax ID 89-16-35-440-206.003-030

Acceptable Financing IRM202623364

Listing Terms IRM202623364

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202623364

Nearby Locations

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Tim Haber

Broker-Associate Lic# RB14046378

tim@teamhaber.com

+1(260) 403-1940

8101 Coldwater Rd, Fort Wayne, IN 46825

4711 E National RD Richmond, IN 47374

Tim Haber

Key Details

Location

Rooms

Interior

Exterior

Building

Others

4711 E National RD