5879 South State Road 3 Spiceland, IN 47385

Listing Agency: WELCOME HOME INDIANA LLC h***@gmail.com Show Phone

Listed By: Kamalgurinder Jawandha · License #RB22000207 Show Phone

Source: Compass

Added: May 2 Changed: Jul 10 Last Checked: Jul 23 at 7:21AM

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Investment Insights

Based on property information with market context.

This offering includes a 1.93-acre commercial mixed-use lot with a restaurant building that is approximately 90% complete. The structure was originally designed and built for a restaurant concept, and it is being offered at a stage intended to reduce construction timing and major start-up delays. Essential utilities are already on-site, including city water, electricity, and sewer hookups, giving the next owner the ability to complete the buildout to their specifications.

The property is located about 0.5 miles from Interstate 70 at Exit 123. It also benefits from high-traffic commercial adjacency described by the owner, including nearby operations referenced as Flying J and Mr. Fuel along this corridor that serves interstate travelers and truck-related traffic.

For operators, this configuration can be a practical fit for a food service tenant looking to complete a near-finished restaurant facility with required utilities already in place. For buyers and developers, the mixed-use zoning noted in the remarks supports consideration of other related commercial uses, including retail, convenience, medical, or office spaces, subject to applicable approvals. If you’re looking for a commercial site with a restaurant-first buildout and ready-to-complete infrastructure, this is designed to be a straightforward starting point.

Key Highlights

• 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

Property Analytics

Property Profile Location Intelligence

FAQs

What type of property is this?

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

Where is this conventional restaurant located?

The property is located at 5879 South State Road 3 Spiceland, IN.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: 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