5914 E State Road 10, Demotte, IN 46310
5914 E State Road 10, Demotte, IN 46310
5914 E State Road 10, Demotte, IN 46310
10
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$3,300,000
Est. payment /mo
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57,905 SqFt
Price Dropped by $1.1M

5914 E State Road 10 Demotte, IN 46310

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 57,905 sqft

Price per Sqft $56

MLS Listing ID 831643

HOA Y/N No

Year Built 1976

Annual Tax Amount $23,253

Tax Year 2024

Lot Size 8.254 Acres

Acres 8.254

Property Sub-Type Retail

Property Description

Lake Holiday Plaza. Sav-A-Lot and Dollar Tree Anchored Central Hub for Roselawn and Demotte, Nestled in the heart of the vibrant communities of Roselawn and Demotte, Indiana, lies a bustling commercial hub that has become an integral part of the local landscape. This thriving retail center is not just a shopping destination, but a testament to the economic vitality of the region. Strategically located just half a mile from Interstate 65, the plaza is easily accessible to both local residents and visitors alike. With 700 feet of frontage on State Highway 10, it offers high visibility and easy access, making it an attractive destination for shoppers from near and far. The plaza is anchored by two major retail giants Sav A Lot and Dollar Tree. Sav A Lot, a popular discount supermarket chain, offers a wide range of groceries at affordable prices. Dollar Tree, a national company known for selling an assortment of goods for less. Together, these stores draw a steady stream of customers to the plaza, contributing to its vibrant atmosphere. Setting this plaza apart is its fully leased status. Every square foot of retail space is occupied, reflecting the strong demand for quality retail locations in this area. This full occupancy not only speaks volumes about the economic health of Roselawn and Demotte but also provides a diverse shopping experience for customers. In addition to the anchor stores, the plaza houses a variety of other businesses that cater to different needs. From restaurants offering delicious food to specialty stores selling unique products, there's something for everyone here. This diversity not only enhances the shopping experience but also contributes to the local economy by providing jobs and generating revenue. Despite its current success, the plaza continues to evolve with available out lots. The lots, available subject to offer, invite further development, providing opportunity for new businesses. Location, strong tenant mix, added potential.

Location

State IN

County Newton

Interior

Heating Central, Zoned, Natural Gas

Fireplace N

Exterior

Exterior Feature Lighting

Parking Features Off Street, Driveway

View Y/N true

View Neighborhood, Trees/Woods, Rural

Accessibility Accessible Doors

Handicap Access Accessible Doors

Building

Lot Description Corner Lot, Paved

Sewer Public Sewer

Water Public

Others

Tax ID 560512444015000013

Security Features Carbon Monoxide Detector(s),Fire Hydrant On Site,Security System,Security Lights,Smoke Detector(s),Fire Alarm

Acceptable Financing NRA20251207170926172744000000

Listing Terms NRA20251207170926172744000000

Listed by McColly Real Estate • William Loy

NEARBY SCHOOL & BUSINESS

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Dennis & Karen

Dennis & Karen

Agent

+1(219) 213-3346

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5914 E State Road 10

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