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$1,390,000
2 Days On Site

5056 Milton Street
Coatesville, IN 46121

For Sale|Business|Active
0
Beds
0
Total Baths
15,240
SqFt
$91
/SqFt
County:
Hendricks
Listing courtesy of Mark Dietel Realty, LLC (317) 710-9294
Call Now: (812) 343-4938
Is this the listing for you? We can help make it yours.
(812) 343-4938
5056 Milton Street5056 Milton Street5056 Milton Street5056 Milton Street
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Monthly Payment (Est.)

$6,342
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Located in the heart of downtown Coatesville, The Barn at Coatesville presents a rare opportunity to acquire an established, turnkey event venue with significant upside potential. Situated directly on Milton Street, this well-known destination has become a staple for weddings, prom photos, homecoming events, and community gatherings throughout the area. The property features approximately 9,000 square feet of event space and is fully operational, with the current owners actively hosting weddings during the April through October season. Designed to accommodate memorable indoor and outdoor events, the venue offers rustic charm, strong local recognition, and an inviting atmosphere that continues to attract repeat business and referrals. Adding to the value are three brick commercial buildings fronting Milton Street, creating exceptional opportunities for expansion and additional revenue streams. These buildings could be utilized for expanded catering operations, indoor dining, private event space, retail concepts, or converted into year-round event facilities. With the ability to potentially host multiple events simultaneously, a new owner could significantly increase income potential and maximize the property's versatility. The property also includes a second-floor apartment that is rent-ready and positioned to provide immediate supplemental income. Offered at $1.39 million, The Barn at Coatesville is an outstanding opportunity for an entrepreneur, hospitality operator, or investor seeking an established business with growth potential in a charming small-town setting. With multiple income possibilities and room for expansion, the future potential for this property is truly endless.

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Listing Snapshot
Price 
$1,390,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,240 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.52 Acres
Year Built 
N/A
MLS® Number 
22103621
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing first seen on site
2 days agoListing updated with changes from the MLS®
General Features
Acres 
1.52
Additional Property Use 
Industrial
Property Sub Type 
Business
SqFt Total 
15240
Utilities 
Electricity Connected
Zoning 
Commercial General
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Community Features
MLS Area 
3209 - Hendricks - Clay
School District 
Mill Creek Community Sch Corp
Township 
Clay
Schools
School District
Mill Creek Community Sch Corp
Elementary School
Unknown
Middle School
Cascade Middle School
High School
Unknown
Listing courtesy of Mark Dietel Realty, LLC (317) 710-9294



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-06-03 10:10 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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