12649 Us-50 Seymour, IN 47274
This exceptional commercial property in Seymour, Indiana presents a unique investment opportunity. Located at 12649 East US-50, this multi-building complex encompasses 6,169 square feet on a sprawling 4-acre lot. Built in 1972, the property currently operates as a restaurant and event hall, boasting a versatile layout suitable for weddings, corporate events, and other gatherings. The property's four buildings offer ample space for expansion or diversification. Its prime location, just five minutes from I-65, ensures excellent accessibility and visibility. The picturesque setting, backed by the Muscatatuck National Wildlife Refuge, provides stunning views and a tranquil atmosphere. This property has received significant recognition, featured in IndyStar, Only In Your State.com, and the Indiana Tourism Bureau as a top restaurant destination. The combination of established business operations, expansive acreage, and prime location makes this a compelling investment for owner-users seeking a high-return opportunity in a desirable market. The $810,440 asking price translates to $131.37 per square foot. The property's versatility allows for various uses, including long-term rentals or Airbnb opportunities, further enhancing its investment potential. This is a truly remarkable property with significant upside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.