5888 N US Highway 35 - Commercial LAND FOR SALE


La Porte, IN 46350 3,795,818 SF
$500,000-$12,550,000 USD
317-903-2096
5888 N US Highway 35, La Porte, IN for Sale
$500,000-$12,550,000 USD
Commercial LAND - FOR SALE
1/2
3,795,818 SF

5888 N US Highway 35
La Porte, IN 46350


HIGHLIGHTS

  • Heavy Interstate Traffic
  • Established Business Included/Optional
  • Multiple Use Property

OVERVIEW

This beautiful property is currently occupied as Serenity Springs resort. The property totals 83.89 acres and has multiple buildings for several uses. You can purchase and operate as is or redevelop into more interstate commercial uses. One section of the property was previously approved and planned as a subdivision of duplex homes. The foundations were poured on these 14 lots, however the project was never completed. As the new owner, you could finalize this project with several SFH or income producing properties or expand the cabins of Serenity Springs. The wooded areas are the home of several wildlife species and are perfect for walking or horseback trails. The property is fed with water from a natural spring. Municipal water can be brought to the property by either LaPorte or Michigan City. This property is conveniently located in the SW quadrant of the I-94 & US 35 interstate junction. Ideal location for a truck stop/park with adjoining hospitality and restaurant development. Properties currently has sewer serviced by Michigan City Utilities. The business of Serenity Springs has a 3 yr average SDE of $610m; giving it a sales value of $1.77mm as the business alone. The business is well established, has a five star rating and can easily be expanded with the addition of event and/or wedding venues. LaPorte County Indiana is quickly growing with migration from the Illinois areas of both residents and industrial development. This key crossroad into the Great Lakes Region is ideal for your next development venture!

FOR SALE DETAILS

PRICE

$500,000-$12,550,000 USD

PRICE/ACRE

$144,021/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

I-94 & US 35

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Hospitality, Restaurant, Truck Stop

LAND ACRES

87.14 AC

LAND SF

3,795,818 SF

OFFSITE IMPROVEMENTS

Sewer, Electricity, Gas, Streets, Cable, Telephone, Irrigation

ZONING

B3 and R1B

APN/PARCEL ID

46-06-06-127-006.000-062,46-06-06-127-007.000-062,46-06-06-176-002.000-062,46-06-06-251-002.000-062,46-06-06-251-005.000-062,46-06-06-251-006.000-062,46-06-06-251-007.000-062,46-06-06-251-012.000-062,46-06-06-251-014.000-062,46-06-06-251-015.000-062,46-06-06-252-002.000-062,46-06-06-252-013.000-062,46-06-06-326-001.000-062,46-06-06-401-005.000-062,46-06-06-401-007.000-062,46-06-06-401-008.000-062,46-06-06-401-009.000-062,46-06-06-401-010.000-062

ASK ABOUT THIS PROPERTY

Terina WidnerJackson IGMore Info
317-903-2096

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Terina WidnerJackson IGMore Info
317-903-2096

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.