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555 S Indiana Street

Mooresville, IN 46158
  • $4,800,000
  • STATUS: Pending
  • ON SITE: 303 Days
  • MLS #: 22021733
Under Contract
$4,800,000
  • 0
    BEDS
  • 5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1979
County:

School Information

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!

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© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Vision One Real Estate.

Based on information submitted to the MLS GRID as of 2025-12-16T00:25:01.303. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.visiononerealestate.com/homes/160580163
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555 S Indiana Street Mooresville, IN 46158

  • Price: $4,800,000
  • Status: Pending
  • On Site: 303 Days
  • MLS #: 22021733
0
Beds
0
Baths
0
½ Baths
5
Acres
1979
Built
Neighborhood:
5503 - Morgan - Brown
County:
Morgan
Area:
5503 - Morgan - Brown
Middle School:
Paul Hadley Middle School
High School:
Mooresville High School
School District:
Mooresville Con School Corp
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!
Exterior Features

Parking Features AsphaltStorageWorkshop in Garage Road Frontage Type State Road Road Surface Type Asphalt Roof Shingle Waterfront YN No

Interior Features

Building Area Total 22647 Cooling Central Air Heating Natural Gas

Property Features

Acres 5-10 Acres Current Financing Conventional Current Use Restaurant Divisible Yes Dpr YN No New Construction YN No Possession Negotiable Property Sub Type Retail Retail Type Free Stand Semi Annual Property Tax Amt 9646 Space Available 22647 Tax Year 2023 Township Brown Transaction Type Sale Utilities Natural Gas ConnectedSewer ConnectedWater Connected Zoning Commercial

Listing provided courtesy of Your Home Team: . © 2025 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Vision One Real Estate.

Based on information submitted to the MLS GRID as of 2025-12-16T00:25:01.303. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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