11894 570th W Demotte, IN 46310-8778
Property summary
This exceptional 6.8-acre commercial property in DeMotte, Indiana, presents a remarkable investment opportunity. Currently operating as a thriving event venue, this expansive property boasts over 14,000 square feet of versatile commercial space. The existing layout is ideal for a multitude of uses, featuring large entertaining areas perfect for events, multiple cafГ©/bar areas, and numerous restrooms designed for high-capacity gatherings. The interior includes over 13 office rooms, multiple breakrooms, and ample banquet and reception areas, all seamlessly interconnected and equipped with a comprehensive sprinkler system. The flexibility of the space allows for easy adaptation to suit diverse business needs. Beyond the main building, the property includes a substantial 48x32 pole barn, providing additional storage or workspace. Parking is abundant, with a massive paved area exceeding 77,000 square feet, ensuring ample space for guests and employees. Detailed blueprints and land surveys are available for review, facilitating a smooth transition for any prospective buyer. This property offers a unique blend of existing infrastructure and expansive potential, making it an ideal choice for entrepreneurs seeking to establish or expand their business in a prime location. Priced at $899,998.
Property profile
VerifiedCap rate & NOI
Current use
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Church Mosque
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Hotel & Motel Resort
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BUFF · Demotte, INZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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