Featured Listings in Warsaw, IN

291 EMS T25 Lane, Leesburg, Indiana

Tippy Ballroom Gardens On Lake Tippecanoe!

Property Details

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$4,500,000

Listing Information

  • Bedrooms: 0
  • Baths: 2
  • Partial Baths: 0
  • SQ FT: 6852
  • Lot Size: 0.00
  • Style: Commercial

Property Description

Unique opportunity with lake frontage of nearly 400 ft. on Lake Tippecanoe. This historical and popular landmark, Tippy Ballroom Gardens, has been a focal point on Tippy for nearly 40 years. There are several parcels included in this property. 4 community docks that are rented seasonally, 5 summer cottages as well as an area for gas pumps and a boat ramp

Tenants currently lease gas docks and cottages as well as  Tippy Ballroom through the summer months. All the dock spaces are usually rented as well. There is also nearly 15 acres of wooded area currently zoned and used as a campground, with many of the open lots rented seasonally. Ingress and egress options are where there are some rental cottages that could be removed for this purpose.  The parking lot is located between Tippy Ballroom and lake frontage. This site is ideal for a restaurant, conference center, or possibly a condominiums with access to pier space. This is a rare and unique opportunity for investors and Tippy residents! Qualified buyers only please. 

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Contact Information

Photo of Deb Paton-Showley Group Real Estate
Deb Paton-Showley Group
Coldwell Banker The Real Estate Group
455 W 250 N
Warsaw IN 46582
Direct: 574-527-6022
Mobile: (574)527-6022
Fax: (574)267-4443
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Last Modified 12/17/2018