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Versatile Commercial Property on 5+ Acres
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10001 E Margaret Dr., Terre Haute, IN 47803

19,200 sq ft property suitable for diverse commercial ventures.

Property Size19,200 SF
Lot Size5.00 Acres
Price / SF$44.27
Days on Market224

Property Features for 10001 E Margaret Dr.

General Information

Standard status Active
Size 19,200 SF
Lot size 5.00 Acres
Property subtype Special Purpose
Zoning C-2

Building Details

Year Built 1998
Listing Agency: Century 21 Elite Terre Haute
Listed By: Madison Alumbaugh · License #IN
Source: Crexi
Added: Jan 10 Changed: Aug 8 Last Checked: Aug 8 at 3:20PM

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 Century 21 Elite Terre Haute

Investment Insights

Based on property information with market context.

This 19,200 sq. ft. commercial property is situated on over 5 acres and offers a range of potential 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 elegant chandeliers. There are multiple offices or classrooms positioned around the central space. The property includes 12 restrooms and approximately 150 parking spaces. A covered front awning provides drive-up access. The property also features a large commercial kitchen, plus a second kitchen currently being remodeled with new countertops coming soon. Additional features include a fenced-in backyard. The layout supports a wide range of uses, including a church, warehouse, or other commercial ventures. The property is located in a convenient country setting with easy access to State Roads 46, 40, and 42.

Key Highlights

  • 19,200 sq. ft. property on 5+ acres offers endless commercial potential.
  • Approximately 150 parking spaces and covered front awning provide drive‑up access.
  • Expansive main hall with stage and chandeliers, plus multiple offices/classrooms.**

Property Analytics

Current Use

The Main Event Hotel & Motel Sonshine Express Daycare ... Daycare Center Celebration Christian Center Church

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 47803, IN

21,832
Population
9,516
Households
2.3
Avg Household Size
38
Median Age
37%
College-Educated
95%
High-School Grad
33.4 sq mi
ZIP Area
654
Density / Sq Mi
$59,306
Median Household Income
$35,454
Median Earnings
$895
Median Rent
$146,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Wedding venue - 19,200 sq ft property suitable for diverse commercial ventures.
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 covered front awning provide drive‑up access.; Expansive main hall with stage and chandeliers, plus multiple offices/classrooms.**
More about this property
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