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Listed by Grogg Martin Realty
$595,000
Est. payment /mo
13 Baths
1.14 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel & Motel
Listing Status Pending
Purchase Type For Sale
MLS Listing ID IRM202620507
HOA Y/N No
Year Built 1969
Annual Tax Amount $10,865
Tax Year 2025
Lot Size 1.140 Acres
Acres 1.14
Lot Dimensions 265' x 185'
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
Rooms
Basement Finished, Full
Interior
Heating Gas, Forced Air
Inclusions Building, Business, Furniture, Land, Inventory
Fireplace N
Exterior
Parking Features Gravel, Off Street, Private
View Y/N true
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 44-05-11-300-000.064-015
Acceptable Financing IRM202620507
Listing Terms IRM202620507
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202620507
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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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