4711 E National Road, Richmond, IN 47374
4711 E National Road, Richmond, IN 47374
4711 E National Road, Richmond, IN 47374
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4,791 Sqft Lot
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4711 E National Road Richmond, IN 47374

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Timothy Vicsik

Timothy Vicsik

+1(574) 329-9587

UPDATED:

Key Details

Property Type Commercial

Sub Type Restaurant/Bar

Listing Status Active

Purchase Type For Rent

MLS Listing ID 202623415

Year Built 1989

Annual Tax Amount $21,306

Tax Year 2026

Lot Size 4,791 Sqft

Property Sub-Type Restaurant/Bar

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

County Wayne County

Area Wayne County

Zoning GC General Commercial

Direction Take I-70 to Richmond. Take exit 156A for US-40W. Property is on your left.

Interior

Flooring Carpet, Tile

Exterior

Roof Type Asphalt,Shingle

Building

Story 1

Structure Type Stucco

New Construction No

Others

Financing Other

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202623415

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Paul Faddis • Tarter Realty Auction and Appraisal Company

NEARBY SCHOOL & BUSINESS

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Timothy Vicsik

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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