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Spiceland, IN

Spiceland, IN Commercial Real Estate for Sale

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Greensboro, IN Knightstown, IN New Castle, IN Kennard, IN Shirley, IN Wilkinson, IN Carthage, IN Charlottesville, IN

Near-Complete Restaurant Development Site

Updated: May 2

Near-Complete Restaurant Development Site

5879 South State Road 3, Spiceland, IN 47385

$750,000

1,976 sqft 1.93 AC lot

1.93‑acre commercial mixed‑use lot with a near‑complete restaurant building in Spiceland, IN
Building is 90% complete, originally designed and built for a restaurant
Less than 0.5 miles from I‑70 at Exit 123, offering convenient interstate access
Utilities hookups already on‑site, including city water, electricity, and sewer
Mixed‑use zoning supports conversion or use beyond food service, including retail, convenience, medical, or office

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 67 Potential Opportunities for your consideration. Besides 1 Active listings in Spiceland, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Story Historic Office Building

Two-Story Historic Office Building

321 South Main Street, New Castle, IN 47362

$825,000

0.75 AC lot

Two-story historic office building built in 1847 with rebuilt chimneys, refreshed interior, and a dedicated parking lot.

Commercial Land with Road Frontage

Commercial Land with Road Frontage

4200 South Memorial Drive, New Castle, IN 47362

$641,500

109,336 sqft 2.50 AC lot

Commercial lot with approx. 400 feet of road frontage and available utilities including water, sewer, gas, and electric.

Productive Farm Ground with Road Access

Productive Farm Ground with Road Access

000 W County Road 850 S, Knightstown, IN 46148

$685,270

47.13 tillable acres with strong productivity ratings and substantial frontage on two county roads.

Five-Unit Mixed-Use Building

Five-Unit Mixed-Use Building

28 N Washington Street, Knightstown, IN 46148

$325,000

0.10 AC lot

Updated five-unit building with individually metered gas and electric, plus owner-paid water.

Off-Market Properties in Spiceland, IN

Consider similar Off-Market properties in Spiceland, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

220 Mercer St

RETAIL STORES (PERSONAL SERVICES)

220 Mercer St, Spiceland, IN 47385-9730

$785,000

Estimated value

9,148 sqft 1.55 AC lot

2307 National Rd

COMMERCIAL (GENERAL)

2307 National Rd, Spiceland, IN 47385

Value Estimation by Request

2.86 AC lot

609 Pearl St

MANUFACTURING (LIGHT)

609 Pearl St, Spiceland, IN 47385

$560,000

Estimated value

17,260 sqft 2.03 AC lot

5879 State Rd 3rd 3

VACANT COMMERCIAL LAND

5879 State Rd 3rd 3, Spiceland, IN 47385-9706

Value Estimation by Request

1.93 AC lot

5800 State Rd 3rd 3

RESTAURANT

5800 State Rd 3rd 3, Spiceland, IN 47385-9706

$535,000

Estimated value

12,090 sqft 8.00 AC lot

119 Pearl St

COMMERCIAL (GENERAL)

119 Pearl St, Spiceland, IN 47385

Value Estimation by Request

1,200 sqft 0.05 AC lot

State Rd 3rd 3

VACANT COMMERCIAL LAND

State Rd 3rd 3, Spiceland, IN 47385

Value Estimation by Request

24.83 AC lot

103 Main St

COMMERCIAL (GENERAL)

103 Main St, Spiceland, IN 47385-9200

Value Estimation by Request

11,088 sqft 0.11 AC lot

6341 State Rd 3rd 3

AUTO REPAIR, GARAGE

6341 State Rd 3rd 3, Spiceland, IN 47385-9797

Value Estimation by Request

1,972 sqft 1.70 AC lot

5809 State Rd 3rd 3

AUTO REPAIR, GARAGE

5809 State Rd 3rd 3, Spiceland, IN 47385-9633

$1,860,000

Estimated value

24,458 sqft 10.00 AC lot

109 Main St

COMMERCIAL (GENERAL)

109 Main St, Spiceland, IN 47385

Value Estimation by Request

3,120 sqft 0.05 AC lot

6409 State Rd 3rd 3

CONVENIENCE STORE

6409 State Rd 3rd 3, Spiceland, IN 47385-9795

Value Estimation by Request

1,989 sqft 0.49 AC lot

623 Main St

VACANT COMMERCIAL LAND

623 Main St, Spiceland, IN 47385-9784

Value Estimation by Request

4,176 sqft 0.34 AC lot

102 Main St

RETAIL STORES (PERSONAL SERVICES)

102 Main St, Spiceland, IN 47385-9789

Value Estimation by Request

1,926 sqft 0.16 AC lot

1452 Us Hwy 40

INDUSTRIAL (GENERAL)

1452 Us Hwy 40, Spiceland, IN 47385-9718

Value Estimation by Request

4,160 sqft 15.62 AC lot

5300 State Rd 3rd 3

CONVENIENCE STORE

5300 State Rd 3rd 3, Spiceland, IN 47385-9621

$1,505,000

Estimated value

17,798 sqft 19.96 AC lot

3215 County Rd 875th S

COMMERCIAL (GENERAL)

3215 County Rd 875th S, Spiceland, IN 47385-9738

Value Estimation by Request

2.85 AC lot

401 Main St

OFFICE (GENERAL)

401 Main St, Spiceland, IN 47385

$1,345,000

Estimated value

18,756 sqft 6.58 AC lot

8868 County Rd 875

COMMERCIAL (GENERAL)

8868 County Rd 875, Spiceland, IN 47385

Value Estimation by Request

980 sqft 2.89 AC lot

171 St

APARTMENT HOUSE (UNDER 5 UNITS)

171 St, Spiceland, IN 47385-9777

Value Estimation by Request

2,848 sqft 1.01 AC lot

144 St

APARTMENT HOUSE (UNDER 5 UNITS)

144 St, Spiceland, IN 47385-9713

Value Estimation by Request

2,640 sqft 1.18 AC lot

510 Main St

MINI-WAREHOUSE, STORAGE

510 Main St, Spiceland, IN 47385

Value Estimation by Request

2,420 sqft 0.54 AC lot

5709 State Rd 3rd 3

COMMERCIAL (GENERAL)

5709 State Rd 3rd 3, Spiceland, IN 47385-9630

$935,000

Estimated value

11,360 sqft 3.73 AC lot

Spiceland, IN Commercial Real Estate Market Trends and Statistics

Explore 63 commercial real estate for sale in Spiceland, IN on our real estate platform. These investment opportunities span a total of 1,976 square feet of properties for sale, with an estimated market value of $750,000.

Sale prices for business properties in Spiceland, IN average $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,700

Population Growth (5Y) +28.9%

Median Household Income $100,479

College Educated 43.4%

High-Yield Neighborhoods for Investment

Identify Spiceland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
47385	$750K

Taxes & Financing

Tax Rate (average for all types) 2.18%

Property Tax per SF $46.55 per SF

Tax Rate vs County Average 0.10 pp below county avg

Average Loan-to-Value 65.0%

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