For Sale
$1,950,000

70 Ems T16 Ln Leesburg, IN 46538

Prime Lakefront Location, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional commercial property in Leesburg, Indiana, presents a unique investment opportunity. Located at 70 EMS T16 Ln, 46538, this 18,872 square foot property boasts a prime location on Tippecanoe Lake within a centralized lake community. Built in 1955 and zoned Commercial, the property offers significant flexibility for a variety of special purpose uses. The layout includes three main buildings: a 476 square foot bar building, a 7,260 square foot building, and a 4,512 square foot building, plus an additional 7,000 square foot building. Previously operating as a successful restaurant and bar, the property features extensive indoor and outdoor entertainment spaces, including open patios directly on the lakefront. The property's history includes live music and other entertainment offerings. Note that the property includes underground gas tanks. The asking price is $1,950,000. This substantial property offers a rare chance to acquire a large, established commercial space with significant lakefront access in a desirable Indiana community. Its adaptable design and prime location make it ideal for a wide range of specialized ventures.

Highlights

  • 476 SF Bar Building
  • 7,260 SF Building 1
  • 4,512 SF Building 2
  • 7,000 SF Building 3
  • Tippecanoe Lake Frontage
  • Prime Lake Community Location

Property Details for 70 Ems T16 Ln

Property type
Specialty properties

Location Insight

City
Leesburg
County
Kosciusko
State
Indiana
Latitude
41.3152164
Longitude
-85.7544765

FAQs

What type of property is this?
Specialty property - Prime Lakefront Location, Huge Potential
Where is the specialty property located?
The property is located at 70 Ems T16 Ln Leesburg, IN.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 476 SF Bar Building; 7,260 SF Building 1; 4,512 SF Building 2
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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70 Ems T16 Ln
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