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Old Mill 100 S Old State Road 15 4,380 SF 100% Leased Retail Building Leesburg, IN 46538 $599,000 ($136.76/SF)
Investment Highlights
- Located on 3.8 Acres Outside of Leesburg
- Main Building Offers Over 4,780 Sq. Ft.
- Historic Leesburg Mill
Executive Summary
Exceptional mixed-use opportunity on 3.8 acres just outside of Leesburg. Zoned for both commercial and residential use, this unique property offers endless potential for investors, entrepreneurs, or redevelopment. Originally constructed as the historic Leesburg Mill, the property has been thoughtfully transformed into its most recent use as a brewery and dining destination while preserving much of the building’s original character and charm. The main building features approximately 4,780 SF with updated interiors, spacious dining and gathering areas, and ample storage. A secondary building includes apartment/living space, adding flexibility for owner occupancy, rental income, or staff housing.Situated in a high-visibility, high-traffic location with abundant on-site parking and room for future expansion, this property is ideal for restaurant, brewery, event venue, retail, mixed-use development, or other commercial ventures. A rare opportunity to own a landmark property with character, versatility, and growth potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,380 SF
Building Class
B
Year Built
1900
Price
$599,000
Price Per SF
$136.76
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.04
Lot Size
2.38 AC
Zoning
COMME
Amenities
- Signage
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 43-07-09-400-376.000-016 | Improvements Assessment | $97,800 |
| Land Assessment | $49,200 | Total Assessment | $147,000 |
Property Taxes
Parcel Number
43-07-09-400-376.000-016
Land Assessment
$49,200
Improvements Assessment
$97,800
Total Assessment
$147,000
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Old Mill | 100 S Old State Road 15
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