www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29958771
29958781

4747 IN-46, Bloomington, IN 47404

CC
IN RB14027897, IN 14027897
FC Tucker/Bloomington, REALTORS
Listed by FC Tucker/Bloomington, REALTORS
$1,500,000
104 days on market
Updated 32 days ago

Family Entertainment Center for Sale

Details
Property Type Retail, Special Purpose
Sub Type Golf Course, Restaurant
Units 5
Occupancy 50%
Tenancy Multi
Lease Type Gross
Buildings 2
Stories 3
Acreage 2.820
Investment Type Owner/User

Turnkey Entertainment & Mixed-Use Investment Opportunity

Marketing description

Hoosier Putt Hole is a fully renovated, multi-revenue entertainment property situated on 2.82 acres along the highly trafficked State Road 46 corridor in Bloomington, Indiana. This unique offering combines mini golf, restaurant/bar operations, live entertainment space, and short-term rental income potential in one cohesive destination property.

The site features an 8,400 SF three-level main building, a dedicated mini golf support building (“Putt Hut”), private concrete parking, and a newly installed income-producing digital sign.


Investment Highlights

  • Three-way liquor license

  • Updated efficiency apartment (Airbnb-ready with new furnishings)

  • Large 2025 Putt Hut addition (potential small take-out restaurant)

  • Income-producing digital billboard (installed 2025)

  • Outdoor live music stage with electrical

  • Outdoor bar

  • Private all-concrete parking lot

  • Extensive recent capital improvements

  • Strong visibility on State Road 46


Main Building (8,400 SF | Three Levels)

Main Level:
Full-service restaurant space

Basement Level:
Open bar/event space with separate entrance

Second Level:
Efficiency apartment (short-term rental ready) + private office

Includes large commercial refrigeration systems and updated flooring, finishes, plumbing, and electrical.


Mini Golf & Putt Hut

  • Dedicated club/ball pick-up and food service building

  • 2025 building expansion for additional food/beverage operations

  • New court coatings (2024)

  • Energy-efficient LED lighting throughout course

  • New sound system

  • Exterior WiFi coverage across entire property

  • Coated chain-link fencing


Recent Capital Improvements

  • New roof

  • New vinyl siding on all structures

  • New deck boards (2023)

  • New concrete sidewalks and ramps

  • New lighthouse walkway concrete

  • Major electrical and plumbing upgrades

  • New security camera system

  • Energy-efficient mini-split HVAC systems (Putt Hut & apartment)

  • New flooring, trims, doors, and paint throughout

Listing Contacts

CC
IN RB14027897, IN 14027897
FC Tucker/Bloomington, REALTORS
Listed by FC Tucker/Bloomington, REALTORS

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Christopher Cockerham
License
RB14027897
Title
Indiana
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591