5914 E State Road 10, DeMotte, IN 46310 (MLS# 831643)

5914 E State Road 10, DeMotte, IN 46310

$4,350,000

Property Type: Commercial Sale Square Footage: 57,905 Lot Size (sq. ft.): 359,544 Status: Active

Current Price: $4,350,000 List Date: 12/07/2025 Last Modified: 12/07/2025

Overview

Description

Lake Holiday Plaza. Sav-A-Lot and Dollar Tree Anchored Central Hub for Roselawn and Demotte, Nestled in the heart of the vibrant communities of Roselawn and Demotte, Indiana, lies a bustling commercial hub that has become an integral part of the local landscape. This thriving retail center is not just a shopping destination, but a testament to the economic vitality of the region. Strategically located just half a mile from Interstate 65, the plaza is easily accessible to both local residents and visitors alike. With 700 feet of frontage on State Highway 10, it offers high visibility and easy access, making it an attractive destination for shoppers from near and far. The plaza is anchored by two major retail giants Sav A Lot and Dollar Tree. Sav A Lot, a popular discount supermarket chain, offers a wide range of groceries at affordable prices. Dollar Tree, a national company known for selling an assortment of goods for less. Together, these stores draw a steady stream of customers to t ... (Read more)

Listing Details MLS# 831643

General Property Information

Number Of Units Total: 12
Living Area: 57905
Building Area Source: Assessor
Accessibility Features YN: Yes
Year Built: 1976
Year Built Details: Built in 1976 with renovations done on a regular basis for new tenant's. Recent facade improvements and all separated utilities for tenants.
Parking Total: 158
Lot Size Acres: 8.254
Lot Size Square Feet: 359544
Lot Size Source: Assessor
Waterfront YN: No
Basement YN: No
Stories: Yes

Property Features

Accessibility Features: Accessible Doors Building Features: Acoustical Ceiling(s); Business District Location; Commercial Park Location; Dock Leveler(s); Dock Seal/Shelter; Enclosed Dock(s); Exterior Lighting; Janitorial Service; Multi Tenant; Out Lot; Private Restrooms Business Type: Mixed; Professional/Office; Retail Construction Materials: Brick Cooling: Central Air; Zoned Current Use: Commercial; Investment; Mixed Use; Office; Retail Electric: 200+ Amp Service; Circuit Breakers Exterior Features: Lighting Flooring: Concrete Heating: Central; Natural Gas; Zoned Listing Terms: Cash; Conventional Lot Features: Corner Lot; Paved Owner Pays: See Remarks Parking Features: Driveway; Off Street Possession: Subject To Tenant Rights Possible Use: Automotive; Commercial; Development; Highway/Tourist Service; Investment; Office; Retail Rail Availability: None Roof: Composition Security Features: Carbon Monoxide Detector(s); Fire Alarm; Fire Hydrant On Site; Security Lights; Security System; Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: None Tenant Pays: See Remarks Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Underground Utilities View: Neighborhood; Rural; Trees/Woods Water Source: Public

Contract Information

Auction YN: No
Original List Price: 4350000
Property Sub Type: Retail
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant

Location Tax and Legal

Street Number: 5914
Street Direction Prefix: E
Street Name: State Road 10
County: Newton
State: IN
Postal Code: 46310

Remarks and Miscellaneous

Public Remarks: Lake Holiday Plaza. Sav-A-Lot and Dollar Tree Anchored Central Hub for Roselawn and Demotte, Nestled in the heart of the vibrant communities of Roselawn and Demotte, Indiana, lies a bustling commercial hub that has become an integral part of the local landscape. This thriving retail center is not just a shopping destination, but a testament to the economic vitality of the region. Strategically located just half a mile from Interstate 65, the plaza is easily accessible to both local residents and visitors alike. With 700 feet of frontage on State Highway 10, it offers high visibility and easy access, making it an attractive destination for shoppers from near and far. The plaza is anchored by two major retail giants Sav A Lot and Dollar Tree. Sav A Lot, a popular discount supermarket chain, offers a wide range of groceries at affordable prices. Dollar Tree, a national company known for selling an assortment of goods for less. Together, these stores draw a steady stream of customers to the plaza, contributing to its vibrant atmosphere. Setting this plaza apart is its fully leased status. Every square foot of retail space is occupied, reflecting the strong demand for quality retail locations in this area. This full occupancy not only speaks volumes about the economic health of Roselawn and Demotte but also provides a diverse shopping experience for customers. In addition to the anchor stores, the plaza houses a variety of other businesses that cater to different needs. From restaurants offering delicious food to specialty stores selling unique products, there's something for everyone here. This diversity not only enhances the shopping experience but also contributes to the local economy by providing jobs and generating revenue. Despite its current success, the plaza continues to evolve with available out lots. The lots, available subject to offer, invite further development, providing opportunity for new businesses. Location, strong tenant mix, added potential.

Status Change Information

Major Change Timestamp: 2025-12-07T18:15:27Z
Major Change Type: New Listing
Status Change Timestamp: 2025-12-07

More Information

Exemption Information

Exemption YN: No

Showing Requirements

Showing Instructions: 48 hour notice. LAG must accompany all. Do not approach tenants or there employees.

Location, Tax, and Legal

Tax Annual Amount: 23253
Tax Year: 2024
Tax Legal Description: PT E1/2 SE SEC 12 T31N R8W 8.254 ACRES LINCOLN TWP
Parcel Number: 560512444015000013
Additional Parcels YN: No
Township: Lincoln
Directions: West one half mile from I-65 on IN State Road 10 to Lake Holiday Plaza located on the North side of the highway. Look for monument sign.
Census Tract: 1004

Accessibility Features

Accessible Doors: Yes

Construction Materials

Brick: Yes

Cooling

Central Air: Yes
Zoned: Yes

Electric

200+ Amp Service: Yes
Circuit Breakers: Yes

Exterior Features

Lighting: Yes

Flooring

Concrete: Yes

Heating

Central: Yes
Natural Gas: Yes
Zoned: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes
Paved: Yes

Parking Features

Driveway: Yes
Off Street: Yes

Possession

Subject To Tenant Rights: Yes

Roof

Composition: Yes

Security Features

Carbon Monoxide Detector(s): Yes
Fire Alarm: Yes
Fire Hydrant On Site: Yes
Security Lights: Yes
Security System: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

None: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes
Underground Utilities: Yes

View

Neighborhood: Yes
Rural: Yes
Trees/Woods: Yes

Water Source

Public: Yes

Owner Pays

See Remarks: Yes

Tenant Pays

See Remarks: Yes

Current Use

Commercial: Yes
Investment: Yes
Mixed Use: Yes
Office: Yes
Retail: Yes

Possible Use

Automotive: Yes
Commercial: Yes
Development: Yes
Highway/Tourist Service: Yes
Investment: Yes
Office: Yes
Retail: Yes

Building Features

Acoustical Ceiling(s): Yes
Business District Location: Yes
Commercial Park Location: Yes
Dock Leveler(s): Yes
Dock Seal/Shelter: Yes
Enclosed Dock(s): Yes
Exterior Lighting: Yes
Janitorial Service: Yes
Multi Tenant: Yes
Out Lot: Yes
Private Restrooms: Yes

Business Type

Mixed: Yes
Professional/Office: Yes
Retail: Yes

Rail Availability

None: Yes

Listing Office: McColly Real Estate

Last Updated: December - 07 - 2025

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