Key facts
- Living area
- 1,976 sqft
- Lot
- 1.93 acres
- Type
- Commercial Sale · Mixed Use
- MLS #
- 22106016
- County
- Henry
- Total building area
- 1,976 sqft
About this home
HOT PROPERTY - UNBEATABLE HIGH-TRAFFIC COMMERCIAL OPPORTUNITY ON I-70! 1.93-Acre Commercial Mixed-Use Lot with Near-Complete Building Location: Spiceland, Indiana (Just 0.5 miles from I-70, Exit 123) Bring your vision to life with this prime piece of commercial real estate positioned perfectly for maximum exposure! Located just a half-mile off Interstate 70 at Exit 123, this 1.93-acre mixed-use lot offers an unparalleled opportunity for entrepreneurs, restaurateurs, or investors looking to tap into a high-volume transit hub. Key Property Highlights: The Structure: Features a highly versatile building originally designed and built for a restaurant. It is 90% complete, saving you months of construction delays and massive capital expenditure. Finish it to your exact specifications! Ready to Go: Skip the headaches-all essential utilities are already on-site, including city water, electricity, and sewer hookups. High-Traffic Neighbors: Capitalize on the massive, built-in customer base generated by powerhouse neighbors Flying J and Mr. Fuel. This corridor is a magnet for interstate travelers, truckers, and locals alike. Endless Potential: While perfect for food service, the mixed-use zoning and premium location open the door for retail, convenience, medical, or office spaces. Properties with this level of interstate proximity and structural readiness do not stay on the market long. Don't miss out on Spiceland's next big business hotspot!
Description provided by the listing brokerage.
Systems
- Utilities
Lot and HOA
- Zoning
- MIXED COMMERICAL
Schools
- Elementary school
- Tri-Elementary School
- High school
- Tri Junior-Senior High School
- School district
- South Henry School Corp
Taxes
- Estimated annual tax
- $184 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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