For Sale
$675,000

3605 Kentucky AveIndianapolis, IN 46221

Former Rally's, Double Drive-Thru, 789 SF

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 789-square-foot retail property, formerly a Rally's Hamburgers, presents a unique investment opportunity in Indianapolis, Indiana. Located at 3605 Kentucky Avenue, in Marion County, zip code 46221, this property sits on a sizable 20,910-square-foot lot. Built in 1994, the building is ideally suited for a quick-service restaurant, ghost kitchen, or similar concept. The asking price is $675,000, translating to $855.51 per square foot. A significant advantage is the existing double drive-thru, a highly desirable feature for fast-food operations. The property's existing kitchen infrastructure remains intact, including a functional hood system and walk-in coolers. This presents a cost-saving opportunity for potential buyers or lessees, minimizing initial build-out expenses. The location is situated within a neighborhood experiencing redevelopment, suggesting strong potential for future growth and increased property value. This is an owner/user investment opportunity with significant upside potential in a dynamic Indianapolis market. The property's size and features make it an attractive option for a variety of food service businesses seeking a turnkey operation or a strategic location for expansion.

Property Details for 3605 Kentucky Ave

Property type
Retail properties, Restaurants
Square Feet
789 SF
Year Built
1994

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.713627374687
Longitude
-86.239499281666
3605 Kentucky Ave, Indianapolis, Indiana

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3605 Kentucky Ave
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