Listing provided courtesy of REMAX County Wide 1stNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 833211
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Request Info5201 E Us Highway 20Rolling Prairie, IN 46371
Commercial · 3,585 Sq. ft. | 5.35 Acres$875,000
Active
5201 E Us Highway 20 Overview
- Time on Site:
- 156 days
- Visits:
- 1
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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5201 E Us Highway 20 Facts & Features
- Type Commercial
- Sq. ft. 3,585
- Price/Sq.ft. $244
- Lot 5.35 Acres
Details
General
School Information
- School District: New Prairie United
- Elementary School: Rolling Prairie Elementary School
- Middle Or Junior School: New Prairie Middle School
- High School: New Prairie High School
Building Information
- Year Built: 1933
Location/Region
- County Or Parish: La Porte
- Township: Wills
Tax Information
- Tax Annual Amount: 7534
- Tax Year: 2025
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: 460712300012000068
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- Special Listing Conditions: Standard
Interior
Building Interior
- Building Area Source: Assessor
General Information
- Accessibility Features: Accessible Bedroom,Accessible Approach with Ramp,Accessible Doors
- Building Features: High Speed Internet Avail,Mixed Use,Exterior Lighting,Public Restrooms
- Electric: 200+ Amp Service
- Heating: Forced Air,Natural Gas
- Living Area: 3585
Exterior
Parking Information
- Parking Features: Gravel
- Parking Total: 30
Lot Information
- Lot Size Acres: 5.35
- Lot Size Source: Assessor
- Lot Size Square Feet: 233046
- Water Source: Well
Waterfront/View
- View: Rural
- Waterfront: false
General Information
- Sewer: Septic Tank
- Utilities: Cable Connected,Natural Gas Connected,Electricity Connected
5201 E Us Highway 20 Neighborhood
Community
46371 (ROLLING PRAIRIE) Demographics
42
Median Age
87
Population Density (per sq. mile)
39%
College Educated
$80,802
Estimated Median Income
993
Estimated Total Home Owners
181
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5201 E Us Highway 20 Monthly Cost
5201 E Us Highway 20 Market Data
Based on the last 30 days in this zip code
$462,912
Average List Price
$156
Average Price per Square Foot
2
Properties Sold
78
Average Days on Market
8
Properties for Sale
5201 E Us Highway 20 History
| Date | Value | Agent |
|---|---|---|
| 4/24/2026Source: Northwest Indiana MLS | $875,000 -7.9% |
|
| 1/24/2026Source: Northwest Indiana MLS | January 24, 2026 |