Hospitality

Monticello, IN Hospitality Properties for Sale

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Turnkey Lakefront Resort With Waterfront
Updated: Jul 31, 2025
Turnkey Lakefront Resort With Waterfront

2373 N Untalulti Drive, Monticello, IN 47960

$1,050,000
0.66 AC lot
Lakefront resort with 11 updated units, including a spacious 2‑bedroom unit that could serve as owner’s quarters
Over 300 feet of Lake Shafer waterfront with piers and a scenic lakeside walkway
Resort amenities include an in‑ground pool with pool house and game room
Outdoor recreation on‑site with a playground, kayaks, paddleboats, and cornhole
Multiple firepits and patio areas for guest gathering and relaxation
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Multi-Building Hospitality Property
Updated: Jun 10
Multi-Building Hospitality Property

5116 East Indiana Beach Road, Monticello, IN 47960

Contact for pricing
5,700 sqft
Built in 1928 multi‑unit property near Indiana Beach and Lake Shafer (5116 E Indiana Beach Road, Monticello, IN)
Five separate buildings with seven rental units
Includes a spacious main living quarters for owner occupancy
Versatile setup for hospitality and rental uses including short‑term, extended‑stay, seasonal lodging, or workforce housing
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Waterfront Resort Property on Lake
Waterfront Resort Property on Lake

5088 E Indiana Beach Rd, Monticello, IN 47960

Contact for pricing
3,376 sqft

Established resort with lake views, water access, and strong income.

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Waterfront Resort Motel Conversion
Waterfront Resort Motel Conversion

5057 E Indiana Beach Rd, Monticello, IN 47960

Contact for pricing

Waterfront resort motel with 33 units, including quarters, plus an owner home and manager’s suite.

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Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 4 Active listings in Monticello, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Downtown Mixed-Use Storefront
Downtown Mixed-Use Storefront

107 Lincolnway, La Porte, IN 46350

$298,000
3,643 sqft 0.10 AC lot

Remodeled downtown building with flexible commercial space and upstairs living, including 5 bedrooms and updated finishes.

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Agricultural Property with Pole Barns
Agricultural Property with Pole Barns

4711 N 100 W, La Porte, IN 46350

$299,900
8.00 AC lot

Spring-fed stocked pond and multiple pole barns on this income-property-ready parcel.

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65-Acre Campground with Event Center
65-Acre Campground with Event Center

625 N State 75 Road, Flora, IN 46929

$3,150,000
300 sqft 65.00 AC lot

65-acre campground featuring diverse recreational amenities and event facilities.

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Campground Land with Creek
Campground Land with Creek

625 N State 75 Road, Flora, IN 46929

$3,150,000
65.00 AC lot

65-acre campground with a 3-bedroom apartment, event center, cabins, and recreation amenities, anchored by a creek running through the property.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Cedar Lake B-3 Zoned Land
Cedar Lake B-3 Zoned Land

13951 Alexander Street, Cedar Lake, IN 46303

$397,300
1.35 AC lot

1.35 acre B-3 zoned lot in Cedar Lake, Indiana.

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Commercial Land in Cedar Lake
Commercial Land in Cedar Lake

13900 Alexander Street, Cedar Lake, IN 46303

$489,500
80,150 sqft 1.84 AC lot

1.84 acre commercial lot zoned B-3 in Cedar Lake.

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C-3 Zoned Commercial Development Land
C-3 Zoned Commercial Development Land

Escalade Way, Warsaw, IN 46580

$849,900
2.28 AC lot

In-fill commercial development land zoned C-3 with municipal utilities and strong ingress/egress near major highways.

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Commercial Land Near I-94
Commercial Land Near I-94

3886 N 950 W, Michigan City, IN 46360

$350,000
5.58 AC lot

5.38 acres of commercial land in Michigan City, Indiana.

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Off-Market Properties in Monticello, IN

Consider similar Off-Market properties in Monticello, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Ww 800th Nn
CAMPGROUND, RV PARK

Ww 800th Nn, Monticello, IN 47960

Value Estimation by Request
11.62 AC lot
View details
5088 Indiana Beach Rd
Hotels

5088 Indiana Beach Rd, Monticello, IN 47960

Value Estimation by Request
View details
Shafer Dr
CAMPGROUND, RV PARK

Shafer Dr, Monticello, IN 47960

Value Estimation by Request
1.14 AC lot
View details
Shafer Dr
CAMPGROUND, RV PARK

Shafer Dr, Monticello, IN 47960

Value Estimation by Request
0.60 AC lot
View details
2766 Shafer Dr
CAMPGROUND, RV PARK

2766 Shafer Dr, Monticello, IN 47960-8708

Value Estimation by Request
1,340 sqft 0.67 AC lot
View details
Shafer Dr
CAMPGROUND, RV PARK

Shafer Dr, Monticello, IN 47960

Value Estimation by Request
5.00 AC lot
View details
1969 Shafer Dr
HOTEL/MOTEL

1969 Shafer Dr, Monticello, IN 47960-1579

Value Estimation by Request
17,872 sqft 7.57 AC lot
View details
5057 Indiana Bch Rd
MOTEL

5057 Indiana Bch Rd, Monticello, IN 47960-1266

Value Estimation by Request
0.18 AC lot
View details
4983 Indiana Bch Rd
HOTEL/MOTEL

4983 Indiana Bch Rd, Monticello, IN 47960-1268

Value Estimation by Request
5,360 sqft 0.30 AC lot
View details
4983 Indiana Bch Rd
HOTEL/MOTEL

4983 Indiana Bch Rd, Monticello, IN 47960-1268

Value Estimation by Request
725 sqft 0.41 AC lot
View details
5029 Indiana Bch Rd
HOTEL/MOTEL

5029 Indiana Bch Rd, Monticello, IN 47960-1266

Value Estimation by Request
1,584 sqft 0.39 AC lot
View details
4925 Indiana Bch Rd
HOTEL/MOTEL

4925 Indiana Bch Rd, Monticello, IN 47960-1268

Value Estimation by Request
3,432 sqft 0.23 AC lot
View details
4983 Indiana Bch Rd
HOTEL/MOTEL

4983 Indiana Bch Rd, Monticello, IN 47960-1268

Value Estimation by Request
2,466 sqft 0.40 AC lot
View details
5057 Indiana Bch Rd
HOTEL/MOTEL

5057 Indiana Bch Rd, Monticello, IN 47960-1266

Value Estimation by Request
4,560 sqft 0.22 AC lot
View details
400 Easy St
CAMPGROUND, RV PARK

400 Easy St, Monticello, IN 47960

Value Estimation by Request
11.10 AC lot
View details
1273 Broadway St
HOTEL/MOTEL

1273 Broadway St, Monticello, IN 47960-1880

Value Estimation by Request
8,874 sqft 1.65 AC lot
View details
304 6th St
HOTEL/MOTEL

304 6th St, Monticello, IN 47960-8174

$520,000
Estimated value
33,291 sqft 5.56 AC lot
View details
225 225th Nn
CAMPGROUND, RV PARK

225 225th Nn, Monticello, IN 47960

Value Estimation by Request
33.27 AC lot
View details
12926th N 1225th W
HOTEL/MOTEL

12926th N 1225th W, Monticello, IN 47960-4739

Value Estimation by Request
1,278 sqft 0.26 AC lot
View details
775 1000th N
CAMPGROUND, RV PARK

775 1000th N, Monticello, IN 47960

Value Estimation by Request
0.45 AC lot
View details

Monticello, IN Hospitality Properties Market Trends and Statistics

Explore 27 hospitality properties for sale in Monticello, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,076 square feet of properties for sale, with an estimated market value of $1,050,000.

Sale prices for hospitality properties in Monticello, IN average $1,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Resorts 3
Hotels 1
Motels 1

Demographics Overview

Population 15K
Population Growth (5Y) +5.2%
Median Household Income $61,087
College Educated 24.1%

High-Yield Neighborhoods for Investment

Identify Monticello submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47960 $1.9M

Taxes & Financing

Tax Rate (average for all types) 1.66%
Property Tax per SF $33.92 per SF
Tax Rate vs County Average 0.25 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in White County

New Delisted

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