5201 E Us Highway 20 Rolling Prairie, IN $ 950,000
5201 E Us Highway 20
$ 950,000
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5201 E Us Highway 20

Rolling Prairie, IN, 46371
$ 950,000
Bedrooms-- Baths-- Sq 3,585

Monthly Estimate*

$ 5,849

5201 E Us Highway 20, Rolling Prairie, IN 46371 - Image 1
5201 E Us Highway 20, Rolling Prairie, IN 46371 - Image 2

Commercial Property for sale in Rolling Prairie, IN

for $950,000. This 3,585 square foot building was built in 1933 on a lot size of 5.35.

Prime Commercial Property With Home on 5.35 Acres Along US 20 A rare opportunity to own a well established 3,585 sq ft restaurant property -- formerly the iconic Bob's Barbecue -- perfectly positioned along US Highway 20 with over 400 feet of high visibility frontage. This expansive 5.35 acre parcel offers exceptional commercial potential, ample parking, and room for future expansion or redevelopment. The main building provides a spacious restaurant layout with dining areas, kitchen infrastructure, and flexible space ready for your next concept. Whether you're launching a new venture or expanding an existing brand, the location and footprint offer tremendous upside. Adding even more value, the property includes a 3 bedroom, 2 bathroom single family home, ideal for on site living, staff housing, or additional rental income.

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 7,534

Style

Mixed Use

Lot Size

5.35

Year Built

1933

Town/City

Rolling Prairie

County/Region

La Porte

MLS | Web ID

833211

Features
General
Sewer Septic Tank
Heating Forced Air Natural Gas
Utilities Cable Connected Natural Gas Connected Electricity Connected
Year Built 1933
Electric 200+ Amp Service
View Rural
Township Wills
Property Subtype Mixed Use
Tax Year 2025
Accessibility Accessible Bedroom Accessible Approach with Ramp Accessible Doors
County La Porte
Property Type Commercial Sale
Building Features High Speed Internet Avail Mixed Use Exterior Lighting Public Restrooms
Status Active
Directions Near the 2 and 20 Dogbone on the corner of Wiley Rd and US Highway 20
High School New Prairie High School
City Rolling Prairie
High School District New Prairie United
Lot Size Square Feet 233046
Listing Terms Cash Conventional
Elementary School Rolling Prairie Elementary School
Tax Annual Amount 7534
Middle/Junior High School New Prairie Middle School
Standard Status Active
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. .518 A. & 78-07-12-300-011 SE COR SW1/4 NW1/4 & NE COR NW1/4 SW1/4 S12 T37 R2 1.4177 AC & 78-07-12-100-032 PCE S EPT S
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Exterior
Parking Features Gravel
Water Source Well
Total Parking 30
Lot Size Acres 5.35
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Bradley Anderson

Listing Agent

Remax County Wide 1St

Broker

bca1223@hotmail.com

Email

Affordability Calculator

$6,477
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$628
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4673216 Elementary School
4640470 Middle School
New Prairie High School High School
Pricing History
DatePricePrice ChangeDescription
1/24/2026$950,000 Listed Price

Map


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5201 E Us Highway 20, Rolling Prairie, IN, 46371 is a Commercial Property for sale at $950,000 with 3,585 sqft and a lot size of 5.35. 5201 E Us Highway 20 was built in 1933. The property's zip code is 46371 which is in Rolling Prairie, IN