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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
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.
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.
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 Facts
| Price | $2,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 4.10 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | B1 & B3 - Neighborhood Business District & General Business District | ||
| Price | $2,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.10 AC |
| No. Stories | 1 |
| Zoning | B1 & B3 - Neighborhood Business District & General Business District |
1 Lot Available
Lot 1
| Price | $2,000,000 | Lot Size | 2.00 AC |
| Price Per AC | $1,000,000.00 |
| 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.
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $590,100 | |
| Land Assessment | $125,600 | Total Assessment | $715,700 |
Property Taxes
Parcel Numbers
Land Assessment
$125,600
Improvements Assessment
$590,100
Total Assessment
$715,700
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