Retail

Spiceland, IN Retail Space for Sale

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Greensboro, IN Knightstown, IN New Castle, IN Kennard, IN Shirley, IN Wilkinson, IN Carthage, IN Charlottesville, IN
Near-Complete Restaurant Development Site
Updated: May 2
Near-Complete Restaurant Development Site

5879 South State Road 3, Spiceland, IN 47385

$750,000
1,976 sqft 1.93 AC lot
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
Utilities hookups already on‑site, including city water, electricity, and sewer
Mixed‑use zoning supports conversion or use beyond food service, including retail, convenience, medical, or office
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Spiceland, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail/Office Space with Patio
Retail/Office Space with Patio

1032 Main St, Indianapolis, IN 46224

Contact for pricing
4,000 sqft

Retail/office space features an exterior patio, newer HVAC units, and public parking nearby.

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Retail Suite B for Sale
Retail Suite B for Sale

1032 North Main Street, Indianapolis, IN 46224

Contact for pricing
2,507 sqft

Retail suite B is available for sale within a storefront property in the Speedway area.

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Mixed-Use Building with Warehouse
Mixed-Use Building with Warehouse

1334 Broad Street, New Castle, IN 47362

$189,000
4,630 sqft

Downtown mixed-use property with front retail unit, rear warehouse-style unit, and second-floor apartment.

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Warehouse-Style Retail Flex Space
Warehouse-Style Retail Flex Space

490 Indiana Avenue, New Castle, IN 47362

$320,000
3,750 sqft

Front retail area with warehouse-style rooms in back, plus two upstairs attic storage rooms and usable outdoor space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Off-Market Properties in Spiceland, IN

Consider similar Off-Market properties in Spiceland, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

220 Mercer St
RETAIL STORES (PERSONAL SERVICES)

220 Mercer St, Spiceland, IN 47385-9730

$785,000
Estimated value
9,148 sqft 1.55 AC lot
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102 Main St
RETAIL STORES (PERSONAL SERVICES)

102 Main St, Spiceland, IN 47385-9789

Value Estimation by Request
1,926 sqft 0.16 AC lot
View details
109 Pearl St
RETAIL STORES (PERSONAL SERVICES)

109 Pearl St, Spiceland, IN 47385-9504

Value Estimation by Request
800 sqft 0.04 AC lot
View details
221 Mercer St
RETAIL STORES (PERSONAL SERVICES)

221 Mercer St, Spiceland, IN 47385-9730

$520,000
Estimated value
10,340 sqft 2.40 AC lot
View details
103 Main St
RETAIL STORES (PERSONAL SERVICES)

103 Main St, Spiceland, IN 47385

Value Estimation by Request
10,332 sqft 0.13 AC lot
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6605 State Rd 3rd 3
RETAIL STORES (PERSONAL SERVICES)

6605 State Rd 3rd 3, Spiceland, IN 47385-9625

Value Estimation by Request
7,772 sqft 0.54 AC lot
View details

Spiceland, IN Retail Space Market Trends and Statistics

Explore 7 retail space for sale in Spiceland, IN on our real estate platform. These investment opportunities span a total of 1,976 square feet of properties for sale, with an estimated market value of $750,000.

Sale prices for retail space in Spiceland, IN average $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,700
Population Growth (5Y) +28.9%
Median Household Income $100,479
College Educated 43.4%

High-Yield Neighborhoods for Investment

Identify Spiceland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47385 $750K

Taxes & Financing

Tax Rate (average for all types) 2.18%
Property Tax per SF $46.55 per SF
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

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