
Improved Mixed-Use Land for Sale in Rolling Prairie, Indiana
5201 US 20 Hwy E, Rolling Prairie, IN 46371
A unique opportunity with endless possibilities! This versatile property includes three separate parcels totaling approximately 5.36 acres, offering an incredible combination of commercial, residential, and land opportunities! The centerpiece is a nearly 3,600-square-foot, turnkey restaurant situated on 0.52 acres, featuring multiple dining areas, a spacious kitchen, walk-in freezer, three restrooms, abundant storage, and a full basement. With ample parking and excellent visibility, this property offers a fantastic opportunity to bring your restaurant vision to life! Also included is a 3-bedroom, 2-bath home situated on 1.42 acres, perfect for an owner-operator looking to live close to their business or an investor seeking potential rental income. Rounding out the package is an additional 3.42-acre parcel across the street, which also houses the restaurant's well. Whether you're an entrepreneur ready to launch your next venture or an investor looking for a unique opportunity with multiple possibilities, this one-of-a-kind property is full of potential!
Location
- Street address
- 5201 US 20 Hwy E
- County
- LaPorte County
- Zip code
- 46371
- School district
- New Prairie United
- Elevation
- 809 feet
Directions
Highway 20 to just West of the Dogbone
Property details
- Acreage
- 5.43 acres
- Zoning
- Commercial
- MLS #
- GNIAR 847292
- Posted
Property taxes
- 2026
- $6,900
Parcels
- 460712300012000068
Legal description
78-07-12-300-012 PCE IN SE COR SW 1/4 NW 1/4 & NE COR NW 1/4 SW 1/4 S12 T37 R2 .518A 78-07-12-300-011 SE COR SW 1/4 NW 1/4 & NE COR NW 1/4 SW 1/4 S12 T37 R2 1.4177AC 78-07-12-100-032 PCE S EPT SW 1/4 NW1/4 S12 T37 R2 3.42 AC
Details and features
Listing
- Type
- Commercial Sale
Lot
- Features
- Corner Lot
Exterior
- Parking Spaces
- 30
- Features
- Rain Gutters
Structure
- Basement
- Full, Storage Space, Unfinished
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Forced Air, Natural Gas
Interior
- Appliances
- Dishwasher, Freezer, Gas Cooktop, Gas Range, Microwave, Range, Range Hood, Refrigerator, Stainless Steel Appliance(s)
- Security
- Security System
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Connected |
Nearby schools
| Name | Type | District |
|---|---|---|
| New Prairie Middle School | Middle | New Prairie United |
| New Prairie High School | High | New Prairie United |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 24, 2026 | New listing | $725,000 | — | GNIAR |




























