291 Ems T25 Ln, Leesburg, IN 46538

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.