New life for old Lotus Garden building

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A new chapter in the life of this storied Carmel building could begin soon.

A new chapter in the life of this storied Carmel building could begin soon.

By Karen Kennedy

Range Line Road could soon see a new tenant. Minda Balcius of North Hill Realty Group confirmed that his investment group has purchased the long-languishing “Lotus Garden” building at 1045 N. Range Line Rd.
Balcius plans to clean up the building, upgrade the fixtures, remove the distinctive ornamental red attachments on the roof and find a suitable tenant.
“I met with the city last week to see what kind of business they would like to see there; what would be allowed and not allowed,” Balcius said. “They’re pretty excited to know that something will be done with the building. The only thing they said could not go in there is a car dealer or automotive store.”
According to Balcius, the brick building has 9068 finished square-feet on the main level with an additional 4000 square-feet partial basement. It is structurally sound and boasts a parking lot that can accommodate up to 170 cars.
“The entrance is a little cumbersome but the location is great,” Balcius said. “It needs to be a destination spot.”
Although a restaurant or microbrewery is an obvious choice, Balcius said that the kitchen could be easily removed or modified to general usable space if they chose to rent the building for use as a daycare, church, health care facility or sports-related business.
Balcius plans to have the space ready for potential tenants to view by mid-November.

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