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Listed by Michael Patka • Grogg Martin Realty • Offc: 260-350-7331
$ 595,000
1.14 Acres Lot
$ 595,000
1.14 Acres Lot
Key Details
Property Type Commercial
Sub Type Hotel & Motel
Listing Status Pending
Purchase Type For Rent
MLS Listing ID 202620507
Year Built 1969
Annual Tax Amount $10,865
Lot Size 1.140 Acres
Property Sub-Type Hotel & Motel
Property Description
THIS PROPERTY BEING OFFERED AT PHONE BID/ONLINE AUCTION WITH A STARTING BID OF $595,000! The Old Carriage Inn is a premium boutique lodging destination strategically positioned in the heart of Shipshewana's entertainment and tourism corridor! This is far more than just a building — you are purchasing location, future cash flow, tourism demand, event traffic, and an established reputation. Located directly across from the Michiana Event Center, with a walking path to one of the largest flea markets in the United States, and just minutes from the nationally recognized Blue Gate Theatre entertainment district. This 11-room (plus owner's 3-bedroom living quarters) boutique lodging property is perfectly positioned to capitalize on the region's year-round tourism and event-driven economy. With large-group accommodations, walkable access to major attractions, and limited competing inventory of similar scale, the property offers exceptional revenue potential and strong long-term appreciation.
Location
State IN
County Lagrange County
Area Lagrange County
Zoning B2
Direction From the Intersection of State Road 5 (Van Buren) & 200 North (Farver St.): Travel east to the property. Watch for auction signs!
Interior
Flooring Carpet, Ceramic Tile, Laminate, Wood
Appliance Building, Business, Furniture, Inventory, Land
Exterior
Roof Type Asphalt
Building
Story 2
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202620507
IDX information provided by the Indiana Regional MLS
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Kimberly Slucher
Broker-Associate | Lic# RB1600382