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this Former Fazoli's sits in one of Richmond's busiest commercial areas along the Interstate 70 corridor. The site already benefits from steady traffic generated by surrounding national brands, I-70 travelers, and local residents, making it a strong opportunity for redevelopment, a new retail user, or an investor. For a QSR or fast-casual operator, the existing 4,056 SF building conveys with a fully equipped commercial kitchen and functional drive-thru, reducing build-out time and cost. Richmond is the economic hub of Wayne County, home to more than 66,000 residents. The E. National Road corridor is a well-established retail destination, with surrounding national brands including Walmart, Lowe's, Kohl's, AMC Theatres, Cracker Barrel, Jimmy John's, Taco Bell, and Walgreens drawing consistent customer traffic to the area. Located minutes from I-70 Exit 156A and less than two miles from the Indiana-Ohio state line, the property captures both inbound and outbound interstate travelers. Additional traffic comes from Reid Health, Indiana University East, Ivy Tech Community College, and Earlham College, all within five miles. The property is zoned General Commercial, and negotiable terms are available: purchase the land and building, lease the existing building as-is on a NNN basis at $25.00/SF, or pursue a land lease.

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Listed by Paul Faddis of Tarter Realty Auction and Appraisal Company,

IDX information provided by the Indiana Regional MLS. Data was last updated on this website at October 28, 2026 8:55 PM EDT. 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. Data is deemed reliable but is not guaranteed accurate by the MLS

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