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.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Coatesville is located in Indiana. Coatesville, Indiana has a population of 418. Coatesville is less family-centric than the surrounding county with 26.83% of the households containing married families with children. The county average for households married with children is 37.73%.
The median household income in Coatesville, Indiana is $56,250. The median household income for the surrounding county is $87,961 compared to the national median of $69,021. The median age of people living in Coatesville is 35.8 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 16.8 degrees. The average rainfall is approximately 44.8 inches per year, with 21.7 inches of snow per year.
