About This Home

This 0-bedroom, 0-bathroom commercial at 4711 E National Road in Richmond, IN is listed for $1,195,000. Built in 1989, on a 0.11 acres lot.

Key Features

  • Built in 1989
  • 0.11 acre lot

Property Details

1989

Amenities

A/C
Listing 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.?

Monthly Cost Estimate

$6,391/mo

20% down · 6.5% · 30 years

Principal$864
Interest$5,178
Insurance$349

Estimates only. Actual payments may vary.

Location

4711 E National Road

Richmond, IN 47374

Property Details

Flooring

TileCarpet

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 4711 E National Road is listed at $1,195,000. The estimated monthly payment is $6,392 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1989, 0.11 acre lot.

This property is listed by Paul Faddis and can be reached at 7659948533.

PF

Paul Faddis

Agent at David M Tarter

(765) 994-8533

Listed by David M Tarter · Broker phone: (765) 595-8155 · View on Broker Site

MLS# 202623364· Source: Mid-Eastern Indiana Association of Realtor MLS· 30 days on PropertySimple

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4711 E National Road, Richmond, IN 47374

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