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!
Date Added: 2/15/25 at 6:00 am
Last Update: 5/13/26 at 3:34 pm
Location
- Road/AccessState Road
- Originating MLSmibor
- School DistrictMooresville Con School Corp
- CountyMorgan
- HOA Amenities500.0, Annually
Lot
- TopographyHilly, Level, Pasture, Pond, Sloping, Stream, Varied, Wooded
- ZoningCommercial, S36 T14 R1e Pt E Sw 3 A., 550136380006000005
- Current UseRestaurant
- ViewForest, Pasture, Rural, Skyline, Trees/ Woods, Valley, View
- FencingChain Link, Partial, Gate
Utilities
- WaterMunicipal Water on Site, Well on Site
- SewerSeptic Tank
- UtilitiesNatural Gas Connected, Sewer Connected, Water Connected
Financial
- Sourcemibor
Exterior
- GeneralBarn(s), Tenant House
- StyleColonial
- Other StructuresBreeze Way, Deck, Covered
- ParkingAsphalt, Storage, Workshop in Garage
- PoolHeated, Outdoor Pool, Pool Cover
Interior
- GeneralBuilt-in Features, High Ceilings, Kitchen Island, Hardwood Floors, Smart Thermostat, Wood Work Stain/ Painted
- AppliancesGas Cooktop, Disposal, Gas Water Heater, Exhaust Fan, Microwave, Oven, Double Oven, Refrigerator, Other
- LaundryConnections All, Main Level
- A/CCentral Air
- HeatingNatural Gas
- FireplaceBasement, Library, Great Room, Fireplaces: 3
- BasementCeiling - 9+ feet, Finished, Finished Ceiling, Finished Walls, Full, Storage Space, Walk- Out Access
Construction
- GeneralTwo, Concrete Perimeter, Full
- RoofingShingle
Schools
- DistrictMooresville Consolidated School Corporation
- MiddlePaul Hadley Middle School
- HighMooresville High School
What's Nearby?
Restaurants
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Error: Failed to fetch Yelp data or received unexpected response format.
Coffee Shops
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Error: Failed to fetch Yelp data or received unexpected response format.
Grocery
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Error: Failed to fetch Yelp data or received unexpected response format.
Education
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Error: Failed to fetch Yelp data or received unexpected response format.
Park
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Error: Failed to fetch Yelp data or received unexpected response format.





















































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