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Leesburg Mixed-Use Redevelopment Opportunity

100 Old State Road 15 Leesburg, IN 46538

100 Old State Road 15, Leesburg, IN, 46538
$599,000
For Sale
Claim this Listing
$599,000

3.8-acre mixed-use property with commercial and residential zoning.

Property Size164,221 SF
Lot Size3.80 Acres
Price / SF$3.65
AddedMay 17
Days on Market59
Last RefreshMay 27 at 12:54 pm

Property Features for 100 Old State Road 15

General Information

Standard status
Active
Size
164,221 SF
Lot size
3.80 Acres
Property subtype
Commercial / Mixed Use

Building Details

Year Built
1900

Listing office Brian Peterson Real Estate

Listing date May 17, 2026

Source Compass

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Brian Peterson Real Estate


Investment Insights

Based on property information with market context.

This mixed-use property, situated on 3.8 acres just outside of Leesburg, presents an exceptional opportunity. Zoned for both commercial and residential use, the property offers potential for investors, entrepreneurs, or redevelopment. Originally constructed as the historic Leesburg Mill, the property has been transformed into a brewery and dining destination, preserving the building’s original character and charm. The main building features approximately 4,780 square feet with updated interiors, spacious dining and gathering areas, and ample storage. A secondary building includes apartment or living space, adding flexibility for owner occupancy, rental income, or staff housing. The property is situated in a high-visibility, high-traffic location with abundant on-site parking and room for future expansion. This property is ideal for restaurant, brewery, event venue, retail, mixed-use development, or other commercial ventures. It offers character, versatility, and growth potential.

Key Highlights

  • Mixed‑use zoning on 3.8 acres offers diverse development possibilities.
  • High‑visibility, high‑traffic location with abundant on‑site parking and expansion potential.
  • Approximately 4,780 SF main building with updated interiors and ample storage.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

HopLore Brewing - The Mill Bar & Pub

Suggested Use

HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility Garden Center Furniture & Home Goods Butcher Kitchen & Bath Showroom Cafe & Coffee Shop Computer & Electronic Repair

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

FAQs

What type of property is this?
Mixed-use property - 3.8-acre mixed-use property with commercial and residential zoning.
Where is this mixed-use property located?
The property is located at 100 Old State Road 15 Leesburg, IN.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Mixed‑use zoning on 3.8 acres offers diverse development possibilities.; High‑visibility, high‑traffic location with abundant on‑site parking and expansion potential.; Approximately 4,780 SF main building with updated interiors and ample storage.
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