REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tim Haber

tim@teamhaber.com +1(260) 403-1940

Listed by Summerland Realty Group, LLC

$ 649,000

Est. payment | -/mo

6 Baths

0.67 Acres Lot

Save Virtual Tour

$ 649,000

Est. payment | -/mo

Save Virtual Tour

6 Baths

0.67 Acres Lot

Key Details

Property Type Commercial

Sub Type Hotel & Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID IRM202622356

HOA Y/N No

Year Built 1928

Annual Tax Amount $7,219

Tax Year 2027

Lot Size 0.670 Acres

Acres 0.67

Lot Dimensions 120x245

Property Sub-Type Hotel & Motel

Property Description

5116 E Indiana Beach Road, Monticello, Indiana Exceptional Multi-Unit Investment Property Near Indiana Beach & Lake Shafer Presenting a rare opportunity to acquire a versatile hospitality and investment property in one of Monticello's most recognized recreational corridors. Located just moments from Indiana Beach, Lake Shafer, and the area's numerous boating, fishing, and entertainment attractions, this unique offering combines income-producing accommodations with comfortable owner occupancy in a highly desirable destination market. Comprised of five separate buildings, seven rental units, and a spacious main living quarters, this property provides a distinctive blend of investment potential and operational flexibility. Whether your vision includes short-term vacation rentals, extended-stay accommodations, seasonal lodging, workforce housing, or a combination of income strategies.

Location

State IN

Rooms

Basement Crawl Space, Slab, Michigan Basement

Interior

Heating Radiator

Inclusions Building, Business, Furniture, Land, Lease, Inventory

Fireplace N

Exterior

Parking Features Parking Lot, Off Street, Paved, Private

Waterfront Description Pier/Dock

View Y/N true

Total Parking Spaces 10

Building

Sewer Regional

Water Private

New Construction No

Others

Pets Allowed No

Tax ID 91-73-16-000-014.000-020

Acceptable Financing IRM202622356

Listing Terms IRM202622356

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202622356

Nearby Locations

GET MORE INFORMATION

Tim Haber

Broker-Associate Lic# RB14046378

tim@teamhaber.com

+1(260) 403-1940

8101 Coldwater Rd, Fort Wayne, IN 46825

5116 E Indiana Beach RD Monticello, IN 47960

Tim Haber

Key Details

Location

Rooms

Interior

Exterior

Building

Others

5116 E Indiana Beach RD