The Inn's map marker was that of a village, and when accessed, the player had the option of entering the 'outside' scene, and the inn itself. On the inside, the Inn functioned as a tavern, but it was unaffiliated to any kingdom.
The name probably comes from its location somewhere in the middle of the world map. It is still present in the game files and can be activated via editing.
The location makes a comeback in Phantasy Calradia mod.