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Listed by Vincent Ferguson • Mark Dietel Realty, LLC
$ 1,390,000
Est. payment /mo
Active
5056 Milton ST Coatesville, IN 46121
15,240 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 15,240 sqft
Price per Sqft $91
MLS Listing ID 22103621
Tax Year 2025
Lot Size 1.520 Acres
Acres 1.52
Property Sub-Type Business
Property Description
Located in the heart of downtown Coatesville, The Barn at Coatesville presents a rare opportunity to acquire an established, turnkey event venue with significant upside potential. Situated directly on Milton Street, this well-known destination has become a staple for weddings, prom photos, homecoming events, and community gatherings throughout the area. The property features approximately 9,000 square feet of event space and is fully operational, with the current owners actively hosting weddings during the April through October season. Designed to accommodate memorable indoor and outdoor events, the venue offers rustic charm, strong local recognition, and an inviting atmosphere that continues to attract repeat business and referrals. Adding to the value are three brick commercial buildings fronting Milton Street, creating exceptional opportunities for expansion and additional revenue streams. These buildings could be utilized for expanded catering operations, indoor dining, private event space, retail concepts, or converted into year-round event facilities. With the ability to potentially host multiple events simultaneously, a new owner could significantly increase income potential and maximize the property's versatility. The property also includes a second-floor apartment that is rent-ready and positioned to provide immediate supplemental income. Offered at $1.39 million, The Barn at Coatesville is an outstanding opportunity for an entrepreneur, hospitality operator, or investor seeking an established business with growth potential in a charming small-town setting. With multiple income possibilities and room for expansion, the future potential for this property is truly endless.
Location
State IN
County Hendricks
Zoning Commercial General
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected
View Y/N false
Building
New Construction false
Schools
Middle Schools Cascade Middle School
School District Mill Creek Community Sch Corp
Others
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