REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 6,500,000
Est. payment /mo
Price Dropped by $200K
7834 Progress Way Newberry, IN 47449
6.1 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202515172
Annual Tax Amount $32,209
Tax Year 2024
Lot Size 6.100 Acres
Property Sub-Type Commercial Land
Property Description
This modern 72 Room Hotel, 29 Main Stay Suites & 43 Sleep Inn, opened new in late 2019, offers a sleek and contemporary design with state-of-the-art amenities and a focus on guest comfort and operation efficiency. Ideally situated near interstate 69 located near the expanding Crane Naval Base and Crane West Gate, the hotel benefits from strategic location that drives consistent occupancy. No other modern mid-market Hotels are located within 30 minutes. This location serves Crane Naval Base and the communities of Bloomfield, Loogootee, and Linton. The current ownership says this property also gets overflow from events at Indiana University in Bloomington. Must see to appreciate. Shown by appointment only. Asking $6,700,000!
Location
State IN
County Greene County
Area Greene County
Direction 7834 Progress Way Newberry, IN 47449
Building
New Construction No
Schools
Elementary Schools White River
Middle Schools White River Valley
High Schools White River Valley
School District White River Valley Schools
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202515172
IDX information provided by the Indiana Regional MLS
Listed by Brooks Galloway • Brooks Galloway Real Estate • Office: 812-936-7301