5056 Milton Street, Coatesville, IN 46121
sale
$1,390,000
|
Business
Courtesy Of Mark Dietel Realty, LLC
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.
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Property Features
- Architecture Style: Other
- Legal Description: Ng Barn
- MLSID: 22103621
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