4849 E Indiana Beach Road Active

Monticello,IN 47960

$ 989000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Hotel & Motel

Listing Status Active

Purchase Type For Sale

Subdivision Untalulti

MLS Listing ID 202521899

Year Built 1940

Annual Tax Amount $4,144

Tax Year 2025

Lot Size 0.663 Acres

Property Sub-Type Hotel & Motel

Property Description

PRICE REDUCED !! Turn-Key Lake Shafer Resort – Prime Location and Strong Revenue … Turn Your Investment Dreams Into Reality. Located across the street from Indiana Beach, in Monticello, Indiana, the Dockside Lake Resort offers 12 charming cottages/units with exceptional cash flow and endless potential. Each rental unit has been thoughtfully updated with metal roofing, modern flooring, refreshed kitchens, upgraded appliances, A/C units, and stylish furniture … all designed for comfort and longevity for visiting guests. Enjoy the newly installed 33x16 pool … complete with updated mechanicals, a sleek metal fence, and expanded concrete walkways and patios creating a welcoming outdoor space for those seeking a quaint and charming spot. The 54 feet of prime Lake Shafer frontage provides breathtaking main lake views, multiple piers, and a durable steel seawall for added security. With year-round units ensuring consistent income, this low-maintenance resort features vinyl siding and fresh exterior enhancements. In addition, bonus living areas attached to the office could easily be converted into an additional rental unit or private owner/manager quarters. This is your chance to acquire a fully operational, high-performing lakefront property with room to grow. The Dockside Lake Resort is a fantastic place to turn your investment dreams into reality.

Location

State IN

County White County

Area White County

Interior

Flooring Carpet,Tile,Vinyl

Exterior

Waterfront Description Lake

Roof Type Metal

Building

Story 1

New Construction No

Others

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