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Listed by Corina Jones • Your Home Team
$ 4,800,000
Est. payment /mo
Pending
555 S Indiana ST Mooresville, IN 46158
22,647 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 22,647 sqft
Price per Sqft $211
MLS Listing ID 22021733
Year Built 1979
Tax Year 2023
Lot Size 5.000 Acres
Acres 5.0
Property Sub-Type Retail
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!
Location
State IN
County Morgan
Zoning Commercial
Interior
Heating Natural Gas
Cooling Central Air
Fireplace N
Exterior
Utilities Available Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Shingle
Building
Story 1
New Construction false
Schools
Middle Schools Paul Hadley Middle School
High Schools Mooresville High School
School District Mooresville Con School Corp
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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