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Listed by Jace Hicks • Summerland Realty Group, LLC
$649,000
Est. payment /mo
0.67 Acres Lot
Active
5116 E Indiana Beach Road Monticello, IN 47960
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Key Details
Property Type Commercial
Sub Type Hotel & Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202622356
Year Built 1928
Annual Tax Amount $7,219
Tax Year 2027
Lot Size 0.670 Acres
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
County White County
Area White County
Direction East On Indiana Beach Rd across from the huge coaster
Interior
Flooring Carpet, Ceramic Tile, Wood
Appliance Building, Business, Furniture, Land, Lease, Inventory
Laundry , 10
Exterior
Waterfront Description Lake
Roof Type Metal,Shingle
Total Parking Spaces 10
Building
Story 2
New Construction No
Others
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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