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    10001 E Margaret Dr Terre Haute, IN 47803

    Sponsored
    For Sale
    $849,900

    Special Use - Terre Haute, IN

    Lot size:
    6.38 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 10001 E Margaret Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    com
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    12
    APN
    84-10-02-200-013.000-018
    Interior features
    Fixtures, Restroom(s)
    Lot size
    6.38 Acres

    Utilities

    Heating system
    Natural Gas, Propane (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    Century 21 Elite (812) 238-1771 [email protected]

    Listing agent MADISON STURGEON (812) 238-1771

    Listing date Jan 5, 2026

    MLS# 108300 Listing URL

    Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Property on 5+ Acres

    This 19,200 sq. ft. commercial property is situated on over 5 acres and offers versatility for various uses. Currently operating as an event venue, the property features a spacious entryway that leads to an expansive main hall, complete with a large stage and chandeliers. The layout includes multiple offices or classrooms positioned around the central space. There are 12 restrooms and approximately 150 parking spaces. A covered front awning provides drive-up access. The property includes a large commercial kitchen, plus a second kitchen currently being remodeled with new countertops coming soon. Additional features include a fenced-in backyard. The property is suitable for a church, warehouse, investment opportunity, or other commercial use. It is located in a convenient country setting with easy access to State Roads 46, 40, and 42.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Main Event Event Venue Sonshine Express Daycare ... Day Care Center Celebration Christian Center Church

    Suggested Use

    Auto Repair Shop Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.264098
    Latitude
    39.43278

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    FAQs

    What type of property is this?
    Wedding venue - 19,200 sq ft property with endless commercial potential.
    Where is this wedding venue located?
    The property is located at 10001 E Margaret Dr Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: - 19,200 sq. ft. property on 5+ acres offers endless commercial potential.; - Approximately 150 parking spaces and a covered front awning provide excellent accessibility.; - Features a LARGE MAIN HALL with a STAGE and CHANDELIERS, suitable for various events.
    (812) 238-1771
    Request Owner's contact information
    10001 E Margaret Dr Terre Haute, IN 47803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10001 E Margaret Dr Terre Haute, IN 47803
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