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Operational Wedding Venue
For Sale
$1,390,000

5056 Milton Street, Coatesville, IN 46121

Commercial Sale, Coatesville, IN

Property SizeContact for details
Lot Size1.52 Acres
Days on Market103

Property Features for 5056 Milton Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial General
Middle school Cascade Middle School
Elementary school district Mill Creek Community Sch Corp
Middle school district Mill Creek Community Sch Corp
High school district Mill Creek Community Sch Corp
Directions GPS Friendly
Subdivision 3209 - Hendricks - Clay
Standard status Active
APN 321306231001000025
Lot size 1.52 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Ng Barn
Tax Annual Amount 3888
Legal Description Ng Barn
Listing Agency: Mark Dietel Realty, LLC
Listed By: Mark Dietel
Added: Jun 1 Changed: Sep 10 Last Checked: Sep 11 at 7:06AM
MLS# 22103621

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This wedding and event venue occupies 1.52 acres and includes approximately 9,000 square feet of event space. The operating property hosts weddings during the April through October season, along with prom photography, homecoming events, and community gatherings. Indoor and outdoor areas support a range of event formats.

Three brick commercial buildings front Milton Street and offer additional space that could accommodate catering, dining, private events, retail, or year-round venue operations. A rent-ready apartment on the second floor provides a separate residential component. The property is zoned Commercial General and is located on Milton Street in downtown Coatesville, Indiana.

Key Highlights

  • Approximately 9,000 square feet of event space
  • Operating wedding venue hosting events during the April through October season
  • Three brick commercial buildings fronting Milton Street

Property Analytics

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Current Use

Wedding venues

Suggested Use

Top Pick Building Supply Plumbing Service Storage Facility Grocery & Convenience Store Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

Demographics for 46121, IN

5,090
Population
2,281
Households
2.2
Avg Household Size
43
Median Age
21%
College-Educated
92%
High-School Grad
55.3 sq mi
ZIP Area
92
Density / Sq Mi
$87,394
Median Household Income
$48,766
Median Earnings
$1,333
Median Rent
$241,600
Median Home Value
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Frequently Asked Questions

What type of property is this?
Wedding venue - Established event property includes indoor and outdoor gathering areas plus a rent-ready second-floor apartment.
Where is this wedding venue located?
The property is located at 5056 Milton Street Coatesville, IN.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Approximately 9,000 square feet of event space; Operating wedding venue hosting events during the April through October season; Three brick commercial buildings fronting Milton Street
More about this property
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