10
See all 10 photos
$4,350,000
Est. payment /mo
57,905 SqFt
New
5914 E State Road 10 Demotte, IN 46310
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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 $75
MLS Listing ID 831643
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
View Y/N true
View true
Accessibility Accessible Doors
Handicap Access Accessible Doors
Building
Lot Description Corner Lot, Paved
Others
Tax ID 560512444015000013
Acceptable Financing NRA20251207170926172744000000
Listing Terms NRA20251207170926172744000000
Listed by McColly Real Estate • William Loy
Realest.com