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4747 W State Road 46 9,000 SF Sports & Entertainment Building Offered at $1,500,000 in Bloomington, IN 47404
Executive Summary
Hoosier Putt Hole is a fully renovated, multi-revenue entertainment property situated on 2.82 acres along the highly trafficked State Road 46 corridor in Bloomington, Indiana. This unique offering combines mini golf, restaurant/bar operations, live entertainment space, and short-term rental income potential in one cohesive destination property.
The site features an 8,400 SF three-level main building, a dedicated mini golf support building (“Putt Hut”), private concrete parking, and a newly installed income-producing digital sign.
Investment Highlights-
Three-way liquor license
Updated efficiency apartment (Airbnb-ready with new furnishings)
Large 2025 Putt Hut addition (potential small take-out restaurant)
Income-producing digital billboard (installed 2025)
Outdoor live music stage with electrical
Outdoor bar
Private all-concrete parking lot
Extensive recent capital improvements
Strong visibility on State Road 46
Main Building (8,400 SF | Three Levels)
Main Level:
Full-service restaurant space
Basement Level:
Open bar/event space with separate entrance
Second Level:
Efficiency apartment (short-term rental ready) + private office
Includes large commercial refrigeration systems and updated flooring, finishes, plumbing, and electrical.
Mini Golf & Putt Hut-
Dedicated club/ball pick-up and food service building
2025 building expansion for additional food/beverage operations
New court coatings (2024)
Energy-efficient LED lighting throughout course
New sound system
Exterior WiFi coverage across entire property
Coated chain-link fencing
Recent Capital Improvements
New roof
New vinyl siding on all structures
New deck boards (2023)
New concrete sidewalks and ramps
New lighthouse walkway concrete
Major electrical and plumbing upgrades
New security camera system
Energy-efficient mini-split HVAC systems (Putt Hut & apartment)
New flooring, trims, doors, and paint throughout
The site features an 8,400 SF three-level main building, a dedicated mini golf support building (“Putt Hut”), private concrete parking, and a newly installed income-producing digital sign.
Investment Highlights-
Three-way liquor license
Updated efficiency apartment (Airbnb-ready with new furnishings)
Large 2025 Putt Hut addition (potential small take-out restaurant)
Income-producing digital billboard (installed 2025)
Outdoor live music stage with electrical
Outdoor bar
Private all-concrete parking lot
Extensive recent capital improvements
Strong visibility on State Road 46
Main Building (8,400 SF | Three Levels)
Main Level:
Full-service restaurant space
Basement Level:
Open bar/event space with separate entrance
Second Level:
Efficiency apartment (short-term rental ready) + private office
Includes large commercial refrigeration systems and updated flooring, finishes, plumbing, and electrical.
Mini Golf & Putt Hut-
Dedicated club/ball pick-up and food service building
2025 building expansion for additional food/beverage operations
New court coatings (2024)
Energy-efficient LED lighting throughout course
New sound system
Exterior WiFi coverage across entire property
Coated chain-link fencing
Recent Capital Improvements
New roof
New vinyl siding on all structures
New deck boards (2023)
New concrete sidewalks and ramps
New lighthouse walkway concrete
Major electrical and plumbing upgrades
New security camera system
Energy-efficient mini-split HVAC systems (Putt Hut & apartment)
New flooring, trims, doors, and paint throughout
Property Facts
| Price | $1,500,000 | Lot Size | 2.82 AC |
| Price Per SF | $166.67 | Building Size | 9,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Sports & Entertainment | Year Built | 1994 |
| Property Subtype | Golf Course/Driving Range | Parking Ratio | 4.76/1,000 SF |
| Building Class | C | ||
| Zoning | C-3/General Commercial | ||
| Price | $1,500,000 |
| Price Per SF | $166.67 |
| Sale Type | Investment or Owner User |
| Property Type | Sports & Entertainment |
| Property Subtype | Golf Course/Driving Range |
| Building Class | C |
| Lot Size | 2.82 AC |
| Building Size | 9,000 SF |
| No. Stories | 2 |
| Year Built | 1994 |
| Parking Ratio | 4.76/1,000 SF |
| Zoning | C-3/General Commercial |
Amenities
- Lounge
- Air Conditioning
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Property Taxes
| Parcel Number | 53-04-14-100-053.000-013 | Improvements Assessment | $244,500 |
| Land Assessment | $619,500 | Total Assessment | $864,000 |
Property Taxes
Parcel Number
53-04-14-100-053.000-013
Land Assessment
$619,500
Improvements Assessment
$244,500
Total Assessment
$864,000
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4747 W State Road 46
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