Wedding Venue with Commercial
For Sale
$1,350,000
5056 Milton Street, Coatesville, IN 46121
Commercial Sale, Coatesville, IN
Property SizeContact for details
Lot Size1.52 Acres
Days on Market150
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
Amenities
outdoor bar
groomsmen clubhouse
gazebo
hardscaped event areas
Listing Agency:
Mark Dietel Realty, LLC
(317) 886-8440
Listed By:
Allyson Brooks
(317) 441-7887
Added: Jun 1
Changed: Oct 12
Last Checked: Oct 28 at 10:06AM
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.
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Investment Insights
Based on property information with market context.
This 1.52-acre property combines an operating wedding and special-event venue with additional commercial and residential space. The main barn measures approximately 8,236 square feet and supports indoor and outdoor events, with an outdoor bar, groomsmen clubhouse, gazebo, and hardscaped gathering areas. The business and its personal property are included in the sale.
Three brick buildings fronting Milton Street provide approximately 5,820 square feet of commercial space. A 1,500-square-foot second-floor apartment is leased through August 2027. The property is zoned Commercial General.
Three brick buildings fronting Milton Street provide approximately 5,820 square feet of commercial space. A 1,500-square-foot second-floor apartment is leased through August 2027. The property is zoned Commercial General.
Key Highlights
- Operating wedding and special‑event venue in an approximately 8,236‑square‑foot barn
- Approximately 5,820 square feet across three brick commercial buildings fronting Milton Street
- 1,500‑square‑foot second‑floor apartment leased through August 2027
Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
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 - An operating event business combines indoor and outdoor gathering areas with separate brick commercial buildings and a leased 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 $1,350,000.
What are key features of this property?
This property features: Operating wedding and special‑event venue in an approximately 8,236‑square‑foot barn; Approximately 5,820 square feet across three brick commercial buildings fronting Milton Street; 1,500‑square‑foot second‑floor apartment leased through August 2027
