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Listed by Emily Dunn • The Real Estate Agency • Office: 765-838-1707
$ 1,000,000
Est. payment /mo
Price Dropped by $50K
3548 W County Road 500 N Road Frankfort, IN 46041
7.9 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other/Unknown
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202603808
Year Built 2019
Annual Tax Amount $10,000
Lot Size 7.900 Acres
Property Sub-Type Other/Unknown
Property Description
This nearly 8-acre property offers a fully built-out, turnkey event venue with approximately 5,600 square feet of indoor space and a capacity of up to 294 guests. Designed for high-volume professional events, the layout supports seamless flow for ceremonies, receptions, catering, and support operations. The property includes a transferable 3-way liquor license, significantly enhancing revenue potential. A prep kitchen, heavy electrical wiring for professional DJ and AV use, and an overbuilt septic system engineered for event capacity provide strong operational infrastructure. An outdoor patio with gas heating extends seasonal usability, and two paved parking lots with handicap accessibility offer convenient on-site parking. With the right offer, event furnishings and supplies, including tables, chairs, dishware, and linens, may be included, allowing a buyer to launch or transition operations quickly. Located approximately 30 minutes from Lafayette and 50 minutes from northern Indianapolis, this property offers both accessibility and privacy, making it ideal for destination weddings, corporate events, retreats, and private celebrations. In addition to event use, the building lends itself to alternative commercial applications such as a church, private club, conference center, showroom, or dealership, offering flexibility for investors and owner-operators alike. This is a rare opportunity to acquire a high-capacity, professionally designed venue property with strong infrastructure, zoning potential, and immediate usability. Business not included; real estate and improvements only.
Location
State IN
County Clinton County
Area Clinton County
Direction Travel 39 N, north of 38 to County Road 500. Venue is visible from 39
Interior
Flooring Concrete
Appliance Building, Land
Exterior
Roof Type Metal
Building
Story 1
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202603808
IDX information provided by the Indiana Regional MLS