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Commercial Land for Sale in Bloomington, Indiana

4747 W State Road 46, Bloomington, IN 47404

$1,500,000
2.8 acres
Active
ago
Est $8,658/mo

Hoosier Putt Hole is a fully renovated, multi-revenue entertainment property situated on 2.82 acres along the highly trafficked State Road 46 corridor in Bloomington, Indiana. This unique offering combines mini golf, restaurant/bar operations, live entertainment space, and short-term rental income potential in one cohesive destination property. The site features an 8,400 SF three-level main building, a dedicated mini golf support building (“Putt Hut”), private concrete parking, and a newly installed income-producing digital sign. Investment Highlights- Three-way liquor license Updated efficiency apartment (Airbnb-ready with new furnishings) Large 2025 Putt Hut addition (potential small take-out restaurant) Income-producing digital billboard (installed 2025) Outdoor live music stage with electrical Outdoor bar Private all-concrete parking lot Extensive recent capital improvements Strong visibility on State Road 46

Sq feet
5
Full baths
1994
Built

Location

Street address
4747 W State Road 46
Elevation
744 feet
Coordinates
39.2166, -86.5981

Property details

Acreage
2.81 acres
MLS #
BMLS 202606471
Posted

Property taxes

Recent
$17,558

Parcels

  • 53-04-14-100-053.000-013

Legal description

Details and features

Listing

Type
Commercial Sale

Exterior

Parking
Paved or Surfaced
Features
Basement, Handicap Access, Living Space, Office Space, Public Restrooms, Refrigeration/Freezer

Structure

Stories
3
Cooling
Central Air
Roof
Shingle

Interior

Rooms
Bathroom x 5, Kitchen, Office
Flooring
Concrete, Tile, Vinyl
Accessibility
Accessible Approach With Ramp
Features
Block

Listing history

DateEventPriceChangeSource
Mar 2, 2026New listing$1,500,000BMLS
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This 2.81-acre property is located at 4747 W State Road 46 in Bloomington, IN 47404. The property is available for sale for $1,500,000. It has a structure built in 1994.

Checked 1 hour ago — Updated

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