2834 State Rd 66 Marengo, IN 47140-8434

This exceptional Marengo, IN property offers a unique blend of business ventures on 1.14 acres. Currently operating as a family-owned restaurant and a 5-lane indoor axe throwing venue housed in a newly renovated 30 x 40 pole barn, this established business includes catering services for a major local warehouse. The property's history includes operation as a convenience store and fuel center, with USTs in compliance and new anodes installed in 2017, presenting the possibility of resuming these operations. An outdoor seating area connects the restaurant and axe throwing venue, allowing alcohol service throughout. The sale includes all real estate, plus $90,000 worth of equipment and inventory, for a total price of $300,000. The property's prime location, just 5 minutes from I-64 and within 10 minutes of popular attractions like Marengo Cave, Cave Country Canoes, and Sycamore Springs, ensures high visibility and accessibility. The property has been surveyed into three separate tracts, allowing for flexible purchase options. Further expansion opportunities exist with an additional commercial/residential building and approximately 1 acre of land across the street (separate sale at $135,000, survey pending), currently leased until September 2024. The possibilities are vast, including continued operation of the existing businesses, restarting the convenience store, or developing residential or rental spaces.