For Lease
$34/SF/YR

247 Meridian StIndianapolis, IN 46225

Turnkey Restaurant, 8750 SF, CBD Location

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional turnkey restaurant opportunity encompasses 8,750 square feet of street-level space within the historic Rusch Building, constructed in 1867 and extensively renovated in 2022. Located in the vibrant Wholesale District, this property offers a unique blend of historical charm and modern amenities. The building boasts four stories and sits on a 0.25-acre lot. The space is zoned CBD2 and features a single suite within the building. The lease includes essential restaurant equipment such as a grease trap, hood system, and walk-in cooler. Significant upgrades include a new HVAC system, electrical work, and plumbing. Parking is available via street parking. The building is equipped with elevators for convenient access to all four floors. Multiple tenant options exist, making this property suitable for a variety of uses including a restaurant, bar, nightclub, speakeasy, concert venue, or retail establishment. Its prime downtown location offers unparalleled access to high foot traffic, placing it within close proximity to the Convention Center, Lucas Oil Stadium, Indianapolis Zoo, White River State Park (Miles Square), Victory Field, and a dense concentration of hotels and hospitality businesses. This location is situated in a high-traffic walking district brimming with shopping, entertainment, and dining options. The APN is 1090352.

Highlights

  • 8,750 SF turnkey restaurant space on the street level.
  • Historic building (1867, renovated 2020) with a 0.25-acre lot.
  • Includes grease trap, hood system, and walk-in cooler; new HVAC, electrical, and plumbing.
  • Multiple tenant options: restaurant, bar, nightclub, speakeasy, concert venue, or retail.
  • Located in the historic Wholesale District, near the Convention Center, Lucas Oil Stadium, and other major attractions.

Property Details for 247 Meridian St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
8,750 SF
Year Built/Renovated
1867/2020
Buildings
1
Stories
4

Unit(s) available at that property

Space
1st Floor - Street Level
Size
8,750 SF
Rate per SF
$34

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.763039778921
Longitude
-86.158276921262
247 Meridian St, Indianapolis, Indiana

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Contacts

Stephanie Gilezan
Stephanie Gilezan
Sam Griffin, CBI
Sam Griffin, CBI
Visit Broker Website

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247 Meridian St, Indianapolis, Indiana, 46225

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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247 Meridian St
  • Stephanie Gilezan
    Stephanie Gilezan
  • Sam Griffin, CBI
    Sam Griffin, CBI
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