5056 Milton Street Coatesville, IN $ 1,350,000
5056 Milton Street
$ 1,350,000
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5056 Milton Street

Coatesville, IN, 46121
$ 1,350,000
Bedrooms-- Baths-- Sq 15,240

Monthly Estimate*

$ 9,324

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Commercial Property for sale in Coatesville, IN

for $1,350,000. This 15,240 square foot building was built on a lot size of 1.52.

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.

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Commercial Active

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 3,888

Style

Business

Lot Size

1.52

Town/City

Coatesville

County/Region

Hendricks

MLS | Web ID

22103621

Features
General
Utilities Electricity Connected
Possession Closing
Zoning Commercial General
Township Clay
Property Subtype Business
Tax Year 2025
Current Use Industrial
County Hendricks
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City Coatesville
High School District Mill Creek Community Sch Corp
MLS Area 3209 - Hendricks - Clay
Lot Size Square Feet 66211
Middle/Junior High School Cascade Middle School
Virtual Tour https://www.tourfactory.com/idxr3244118 https://www.tourfactory.com/3244118
Standard Status Active
Tax Lot 31-32
Legal Description Ng Barn
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Exterior
Building Area Total 15240
Lot Size Acres 1.52
Waterfront Y/N N
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* Excluded Features
List By
Mark Dietel Realty, Llc

Broker

allyson.brooks@markdietel.com

Email

Affordability Calculator

$9,648
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,324
Monthly Property Taxes
$324
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4046487 Elementary School
4046641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/12/2026$1,350,000 -2.88% Price Down
6/1/2026$1,390,000 Listed Price

Map


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5056 Milton Street, Coatesville, IN, 46121 is a Commercial Property for sale at $1,350,000 with 15,240 sqft and a lot size of 1.52. The property's zip code is 46121 which is in Coatesville, IN