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Turn-Key Lake Shafer Resort - Prime Location and Strong Revenue $1,099,900

4849 E Indiana Beach Road, Monticello, IN 47960

0 br, 12.0 ba, 1940 0 sf
White County
Ad #: 6282726

Lake Commercial For Sale

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 ..plete 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.

Property Details

  • Beds: 0
  • Baths: 12.0
  • Year Built: 1940
  • Location: Lake Shafer
  • Acres: 0.663
  • Lakefront: Yes
  • Lakeview: Yes
  • Has Dock? Yes
  • County: White County
  • Community: Untalulti
  • Heat/AC: Space Heater, Wall Furnace
  • Garage: Paved or Surfaced
  • Roof: Metal
  • Stories: 1
  • Property Taxes: $4,144
  • MLS #: 202521899

Location

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Contact Information:

Contact Agent
Buyer's Agent: John Koppelmann
Koppelmann Real Estate
574-583-3171
Please say you found it on Lakehouse.com !		 Listing Agent: Gregory Vogel II, Gri, Vogel Real Estate, Inc, 574-808-0335, 574-808-0335 Listing Site, Listing Status: Active
Copyright © 2025 White County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Commercial For Sale in Monticello, Indiana
Ad Number : 6282726
Viewed: 26 times
Added: Jun 10, 2025
Updated on: Jun 10, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.