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7834 Progress Way

Newberry, IN, 47449

  • Price $6,900,000
  • Sq. Ft.42396
  • MLS #202507411
7834 Progress Way, Newberry, IN 47449 72 Rooms, (29 Main Stay Suites & 43 Sleep Inn) This hotel opened new in late 2019. Here is your opportunity to own this like new Regional Hotel located near the expanding Crane Naval Base and Crane West Gate also Just off of Interstate 69. No other modern mid market Hotels within 30 minutes. Not only does this location serve Crane Naval Base, it serves the communities of Bloomfield, Loogootee, Linton. The owner says this property also gets overflow from events and Indiana University in Bloomington. See to appreciate. Shown by appointment. Asking $6,900,000
County
Greene County
Lot Size
6.1000
Year Built
2019
Sq, ft. finished
42,396sq. ft (approx.)
Subdivision
None
Annual Taxes
22849.00
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Brooks Galloway of Brooks Galloway Real Estate, 812-521-7301.

    Cameron Engstrom

    Realtor
    Cell: (812) 830-0019

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Frequently asked questions

Why does the mortgagee sometimes require a Survey of the property?
Most mortgage lenders require a current and valid Real Property Report (survey) and proof of zoning by-law compliance from the local municipality, i.e. city, town, Municipal district, etc. The mortgagee (lender) does this to insure initially that the buildings are entirely within the property boundaries and there is no risk that the security for the mortgage will be damaged by the forced removal of the improvements. Most Lenders will now accept a Real Property Report and evidence of municipal compliance or a policy of Title Insurance.

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Disclaimer

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

Listing Data updated: March 10, 2025, 3:30 am
IDX information provided by the Indiana Regional MLS