Spiceland, IN
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    Spiceland, IN Commercial Real Estate for Sale

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    Knightstown, IN New Castle, IN Kennard, IN
    Near-Complete Restaurant Development Site
    $750,000
    1,976 SF
    Near-Complete Restaurant Development Site

    5879 South State Road 3, Spiceland, IN 47385

    A 1.93-acre mixed-use lot with a 90% complete restaurant building, positioned about a half-mile from I-70 Exit 123.
    • 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
    Updated: Jun 2
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    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.

    35-Acre Commercial Development Land
    $2,625,000
    35.00 Acres
    35-Acre Commercial Development Land

    Large tract behind a travel stop with easement-based access from State Road 109, suited for planned commercial development.

    S State Road 109, Knightstown, IN 46148

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    Agricultural Land with Interstate Access
    $1,125,000
    25.00 Acres
    Agricultural Land with Interstate Access

    Zoned agricultural farmland with deed-restricted easements off State Road 109, offering flexible low-impact development options.

    S State Road 109, Knightstown, IN 46148

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    Scooter’s Coffee NNN Asset
    $1,920,000
    760 SF
    Scooter’s Coffee NNN Asset

    760 SF Scooter’s Coffee absolute NNN asset for sale.

    1705 S Memorial Dr, New Castle, IN

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    Land Parcels Near I-70
    Contact for pricing
    6.67 Acres
    Land Parcels Near I-70

    Three land parcels totaling 10.6 AC near I-70.

    5223 IN-3, New Castle, IN

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    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)
    9,148 SF Lot: 1.55 Acres
    Estimated value
    $785,000

    220 Mercer St, Spiceland, IN 47385-9730

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    2307 National Rd
    COMMERCIAL (GENERAL)
    Lot: 2.86 Acres
    Value Estimation by Request

    2307 National Rd, Spiceland, IN 47385

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    609 Pearl St
    MANUFACTURING (LIGHT)
    17,260 SF Lot: 2.03 Acres
    Estimated value
    $560,000

    609 Pearl St, Spiceland, IN 47385

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    5879 State Rd 3rd 3
    VACANT COMMERCIAL LAND
    Lot: 1.93 Acres
    Value Estimation by Request

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

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    5800 State Rd 3rd 3
    RESTAURANT
    12,090 SF Lot: 8.00 Acres
    Estimated value
    $535,000

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

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    119 Pearl St
    COMMERCIAL (GENERAL)
    1,200 SF Lot: 0.05 Acres
    Value Estimation by Request

    119 Pearl St, Spiceland, IN 47385

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    State Rd 3rd 3
    VACANT COMMERCIAL LAND
    Lot: 24.83 Acres
    Value Estimation by Request

    State Rd 3rd 3, Spiceland, IN 47385

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    103 Main St
    COMMERCIAL (GENERAL)
    11,088 SF Lot: 0.11 Acres
    Value Estimation by Request

    103 Main St, Spiceland, IN 47385-9200

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    6341 State Rd 3rd 3
    AUTO REPAIR, GARAGE
    1,972 SF Lot: 1.70 Acres
    Value Estimation by Request

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

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    5809 State Rd 3rd 3
    AUTO REPAIR, GARAGE
    24,458 SF Lot: 10.00 Acres
    Estimated value
    $1,860,000

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

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    109 Main St
    COMMERCIAL (GENERAL)
    3,120 SF Lot: 0.05 Acres
    Value Estimation by Request

    109 Main St, Spiceland, IN 47385

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    6409 State Rd 3rd 3
    CONVENIENCE STORE
    1,989 SF Lot: 0.49 Acres
    Value Estimation by Request

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

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    623 Main St
    VACANT COMMERCIAL LAND
    4,176 SF Lot: 0.34 Acres
    Value Estimation by Request

    623 Main St, Spiceland, IN 47385-9784

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    102 Main St
    RETAIL STORES (PERSONAL SERVICES)
    1,926 SF Lot: 0.16 Acres
    Value Estimation by Request

    102 Main St, Spiceland, IN 47385-9789

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    1452 Us Hwy 40
    INDUSTRIAL (GENERAL)
    4,160 SF Lot: 15.62 Acres
    Value Estimation by Request

    1452 Us Hwy 40, Spiceland, IN 47385-9718

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    5300 State Rd 3rd 3
    CONVENIENCE STORE
    17,798 SF Lot: 19.96 Acres
    Estimated value
    $1,505,000

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

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    3215 County Rd 875th S
    COMMERCIAL (GENERAL)
    Lot: 2.85 Acres
    Value Estimation by Request

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

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    401 Main St
    OFFICE (GENERAL)
    18,756 SF Lot: 6.58 Acres
    Estimated value
    $1,345,000

    401 Main St, Spiceland, IN 47385

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    8868 County Rd 875
    COMMERCIAL (GENERAL)
    980 SF Lot: 2.89 Acres
    Value Estimation by Request

    8868 County Rd 875, Spiceland, IN 47385

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    171  St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,848 SF Lot: 1.01 Acres
    Value Estimation by Request

    171 St, Spiceland, IN 47385-9777

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    144  St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,640 SF Lot: 1.18 Acres
    Value Estimation by Request

    144 St, Spiceland, IN 47385-9713

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    510 Main St
    MINI-WAREHOUSE, STORAGE
    2,420 SF Lot: 0.54 Acres
    Value Estimation by Request

    510 Main St, Spiceland, IN 47385

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    5709 State Rd 3rd 3
    COMMERCIAL (GENERAL)
    11,360 SF Lot: 3.73 Acres
    Estimated value
    $935,000

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

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    Spiceland, IN Commercial Real Estate Investment Opportunities Market Analysis

    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 start at $750,000, averaging $750,000, and reaching up to $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%

    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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