Current Use by Public Records
- Retail properties & Spaces
Property Details for 12649 Us-50
- Year built
- 1972
- Lot size
- 4.00 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Seymour
- County
- Jackson
- State
- Indiana
- Longitude
- -85.8043
- Latitude
- 38.9656
