MLS® Listing#22103621 · Business · Listed Jun 1, 2026
5056 Milton Street, Coatesville, IN 46121
Hendricks County
Showing 5 of 97 photos · virtual tour online
15,240Sq Ft
1.52Acre lot
Description
Opportunity to acquire an established wedding event venue business combined with a versatile commercial real estate asset. The property features an approximately 8,236-square-foot main barn currently operating as an established wedding and special-event venue. The facility offers indoor and outdoor event capabilities and has established recognition within the local market. The venue includes valuable site improvements and outbuildings, including an outdoor bar, groomsmen clubhouse, gazebo, and hardscaped event areas, providing functionality for weddings, private events, corporate gatherings, and other special occasions. Price includes business and all personal property of the business. Adding to the property's versatility is approximately 5,820 square feet of brick commercial space across three brick buildings fronting Milton Street. These buildings provide opportunities for an owner-user or investor to expand the existing business or introduce complementary revenue-generating uses. Potential uses may include catering or food-service operations, additional event or private dining space, retail, office, or additional year-round event facilities, subject to zoning, permitting, and applicable approvals. The property's configuration may allow multiple revenue-producing uses to operate concurrently, creating an opportunity to diversify income and increase utilization of the existing improvements. A 1,500-square-foot second-floor apartment is also included and is currently leased through August 2027, providing an additional established income stream. The Barn at Coatesville offers a unique combination of an operating event venue, commercial space, residential income, and potential for future expansion or repositioning. The property may be well suited for an owner-user, investor, event venue operator, hospitality operator, or business owner seeking an established commercial property with multiple avenues for income and future growth.
Full description online — scan the code for the complete listing.
Opportunity to acquire an established wedding event venue business combined with a versatile commercial real estate asset. The property features an approximately 8,236-square-foot main barn currently operating as an established wedding and special-event venue. The facility offers indoor and outdoor event capabilities and has established recognition within the local market. The venue includes valuable site improvements and outbuildings, including an outdoor bar, groomsmen clubhouse, gazebo, and hardscaped event areas, providing functionality for weddings, private events, corporate gatherings, and other special occasions. Price includes business and all personal property of the business. Adding to the property's versatility is approximately 5,820 square feet of brick commercial space across three brick buildings fronting Milton Street. These buildings provide opportunities for an owner-user or investor to expand the existing business or introduce complementary revenue-generating uses. Potential uses may include catering or food-service operations, additional event or private dining space, retail, office, or additional year-round event facilities, subject to zoning, permitting, and applicable approvals. The property's configuration may allow multiple revenue-producing uses to operate concurrently, creating an opportunity to diversify income and increase utilization of the existing improvements. A 1,500-square-foot second-floor apartment is also included and is currently leased through August 2027, providing an additional established income stream. The Barn at Coatesville offers a unique combination of an operating event venue, commercial space, residential income, and potential for future expansion or repositioning. The property may be well suited for an owner-user, investor, event venue operator, hospitality operator, or business owner seeking an established commercial property with multiple avenues for income and future growth.
Property Information
Property type
Business Opportunity
Sub-type
Business
Building area
15,240 Sq Ft
Lot size
1.52 acres
Zoning
Commercial General
Days on market
149
MLS® Listing#
22103621
Property Features
Utilities
Electricity Connected
Parcel number
321306231001000025
Schools
Middle
Cascade Middle School
Directions
GPS Friendly
Listing Courtesy: Mark Dietel Realty, LLC - allyson.brooks@markdietel.com
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Last Updated: 2026-06-01T00:00:00.000Z
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