For Sale
$365,000

6611 Old Sr 63 Hillsdale, IN 47854

5.44 Acres, Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 5.44-acre property in Hillsdale, Indiana, presents a unique investment opportunity in the hospitality sector. Located at 6611 S Old SR 63, Vermillion County, this turnkey business boasts a main building previously operating as "The Beer Cooler," offering a rustic charm ideal for a restaurant or bar. The property also includes three cabins and three campsites, each equipped with water and electric hookups. Currently, the cabins are rented month-to-month, with tenants transitioning to six-month leases starting July 1, 2023. The sale includes all existing equipment, excluding tenant personal belongings, such as a pool table, furniture, security system, commercial kitchen appliances (freezer, pizza oven, prep table, fryer, range, grill), and more. Three separate septic tanks service the property, recently serviced nine months ago. The property features separate electric meters for the commercial building and rental units. Situated near the Wabash River and benefiting from high summer traffic, this location offers significant potential. The extensive wooded area on the property provides additional possibilities, such as expanding the campsites, creating a wedding venue, or developing a hunting lodge. The asking price is $365,000. Pets are allowed on the property, but must be kept leashed. The sale is contingent on the existing leases

Highlights

  • 5.44-acre turnkey hospitality business in Hillsdale, Indiana, asking $365,000.
  • Includes a main building (formerly "The Beer Cooler"), three cabins, and three campsites with water and electric hookups.
  • All equipment included (excluding tenant personal property); commercial kitchen appliances present.
  • Three separate septic tanks (serviced 9 months ago) and separate electric meters for the main building and rental units.
  • High summer traffic, near Wabash River; wooded area offers expansion potential (e.g., campsites, wedding venue).

Property Details for 6611 Old Sr 63

Property type
Land, Hospitality properties
Lot Size (sq. ft)
236,966 SF

Location Insight

City
Hillsdale
County
Vermillion
State
Indiana
Latitude
39.878182
Longitude
-87.410563

FAQs

What type of property is this?
Land - 5.44 Acres, Turnkey Opportunity
Where is the land located?
The property is located at 6611 Old Sr 63 Hillsdale, IN.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 5.44-acre turnkey hospitality business in Hillsdale, Indiana, asking $365,000.; Includes a main building (formerly "The Beer Cooler"), three cabins, and three campsites with water and electric hookups.; All equipment included (excluding tenant personal property); commercial kitchen appliances present.
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6611 Old Sr 63
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