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830 Lake Shore Dr
Culver, IN 46511
The Inn by the Lake · Hospitality Property For Sale · 11 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.54 AC
Building Size 3,400 SF
No. Rooms 11
No. Stories 2
Year Built 1950
Parking Ratio 4.41/1,000 SF
Corridor Interior

AMENITIES

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Multi-Room Suites

ABOUT 830 LAKE SHORE DR , CULVER, IN 46511

Don't miss this rare opportunity in Culver to be your own boss! This amazing business is ready for you to take over! This is the only Inn By The Lake in Culver, which means consistent income because of a high rental demand in this small town. Located near Culver Academy and Lake Maxinkuckee makes this a convenient spot for people to stay and play. Only a short distance to the Lake Maxinkuckee beach, restaurants, and shops. With 11 cute and comfortable units to rent, this property is full for all Academy events, year round. The immaculate living space for owners on the upper level provides privacy, as well as, convenience for assisting guests. There are 2 bedrooms and an open kitchen, dining, and living room areas with a private deck off the living room. This well loved and well maintained property is known for pampering guests with full breakfasts and special attention during their entire stay. There is a garage at the back of the property. There is also a laundry/storage room for supplies. This sale includes the full business, all property, most furnishings and appliances, plus the current owners will teach you all you need to know to get started. This is a turn-key business ready to generate income for it's new owners. Some measurements est. Some info taken from county records.

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 1 $413.00 -
Guest Room 10 $207.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50-21-16-401-681.000-014
Land Assessment
$234,900
Improvements Assessment
$227,600
Total Assessment
$462,500
  • Listing ID: 15362345

  • Date on Market: 3/6/2019

  • Last Updated:

  • Address: 830 Lake Shore Dr, Culver, IN 46511

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