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Executive Summary

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.

Property Facts

Sale Type
Owner User
Property Type
Retail
Building Size
3,585 SF
Building Class
C
Year Built
1933
Price
$1,188,924 CAD
Price Per SF
$331.64 CAD
Building Height
1 Story
Building FAR
0.02
Lot Size
5.35 AC
Zoning
Comm. Restaurant/Cafe
Parking
20 Spaces (5.58 Spaces per 1,000 SF Leased)
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
46-07-12-300-012.000-068
Land Assessment
$42,813 CAD
Improvements Assessment
$147,453 CAD
Total Assessment
$190,267 CAD
  • Listing ID: 40319623

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 5201 E US Highway 20, Rolling Prairie, IN 46371

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