908-494-5145
5800 S State Road 3, Spiceland, IN for Sale
Restaurant - FOR SALE
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5800 S State Road 3
Spiceland, IN 47385


OVERVIEW

Positioned just south of the I-70 and State Road 3 interchange in Henry County, Indiana, this expansive commercial property at 5800 S State Road 3 offers a rare opportunity to acquire a well-established steakhouse and bar with exceptional development potential. The 12,000-square-foot restaurant building sits on approximately 90.72 acres of land, featuring 575 feet of road frontage and excellent ingress/egress directly from State Road 3. Built in 2004, the structure includes concrete flooring, central air, gas heating, and a metal roof, making it both durable and functional for high-volume operations. The property boasts high visibility from the interstate, enhanced by large signage and a strategic location near major travel routes, making it ideal for continued restaurant use or redevelopment into a hotel, retail center, or other commercial ventures. With public water and sewer connections, ample parking, and zoning that supports general business use, the site is primed for expansion or transformation. The surrounding area is car-dependent but benefits from proximity to fuel stations, travel centers, and other roadside amenities, catering to both local patrons and interstate travelers.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

153

LAND DETAILS

LAND ACRES

8.75 AC

LAND SF

381,150 SF

ZONING

GB

APN/PARCEL ID

33-17-09-000-410.000-026

ASK ABOUT THIS PROPERTY

Raj PasrichaSpiceland Venture LLCMore Info
908-494-5145

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Raj PasrichaSpiceland Venture LLCMore Info
908-494-5145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.