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5800 S State Road 3 12,090 SF Retail Building Spiceland, IN 47385 $2,200,000 ($181.97/SF)
EXECUTIVE SUMMARY
Available for sale at $2,200,000, this turnkey event venue is located at 5800 S SR-3 in Spiceland, Henry County. The property features approximately 12,090 SF of versatile retail space on an 8.74-acre lot with General Business (GB) zoning. Offered as a complete operational package, all furniture, fixtures, and equipment (FF&E) are included for immediate business continuity. This unique facility represents a prime opportunity to acquire a high-traffic destination venue with established use, ideal for a restaurant owner-operator or investor in the region.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,090 SF
Building Class
C
Year Built/Renovated
2004/2011
Price
$2,200,000
Price Per SF
$181.97
Tenancy
Single
Building Height
2 Stories
Building FAR
0.03
Lot Size
8.75 AC
Zoning
GB - General Business
Parking
153 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
1,366’ on South Saint Road 3
AMENITIES
- 24 Hour Access
- Pylon Sign
- Restaurant
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 33-17-09-000-410.000-026 | Improvements Assessment | $621,300 |
| Land Assessment | $180,500 | Total Assessment | $801,800 |
PROPERTY TAXES
Parcel Number
33-17-09-000-410.000-026
Land Assessment
$180,500
Improvements Assessment
$621,300
Total Assessment
$801,800
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5800 S State Road 3
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