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8035 W US Highway 20 - US 20 C-Store Land 2 Acres of Commercial Land Offered at $2,000,000 in Shipshewana, IN 46565

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INVESTMENT HIGHLIGHTS

  • Ground lease available - Contact broker for more details.
  • Surrounded by hotels, attractions, and retail
  • Strong daily traffic counts and seasonal tourism boosts
  • Excellent potential for standalone, QSR, or C-Store developments

EXECUTIVE SUMMARY

One high-profile commercial lot available at the busiest corner in Shipshewana, Indiana. Located at the intersection of US 20 and SR 5, this property offers exceptional visibility and access in one of Northern Indiana’s most visited tourist towns. This site is ideally suited for a convenience store, QSR, or retail strip center. Just north of this parcel, a new Holiday Inn Express is slated for construction.

PROPERTY FACTS

Price $2,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 2.00 AC
No. Stories 1
Zoning B1 & B3 - Neighborhood Business District & General Business District

1 LOT AVAILABLE

Lot 1

Price $2,000,000
Price Per AC $1,000,000.00
Lot Size 2.00 AC

Located on the hard corner of US 20 & SR 5 (signalized intersection) with frontage on two major highways.

DESCRIPTION

The property is ideally situated at the northwest corner of US 20 and SR 5, just south of downtown Shipshewana. US 20 has a daily vehicle count of 10,768 and SR 5 has a daily vehicle count of 7,794. The property is surrounded by a variety of large employers, and national and regional retailers. Shipshewana has a large influx of around 2 million tourists throughout the year creating consistent flow of tourism. It has easy access to major cities like Chicago, Fort Wayne, and South Bend via US 20 and Indiana Toll Road 80/90 making this a great investment for your next business adventure.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
44-05-15-400-017.000-014
Land Assessment
$30,000
Improvements Assessment
$226,300
Total Assessment
$256,300
  • Listing ID: 36354277

  • Date on Market: 6/23/2025

  • Last Updated:

  • Address: 8035 W US Highway 20, Shipshewana, IN 46565

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