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4658 E US Highway 50 Highway

Washington, IN, 47501

  • Price $515,000
  • Sq. Ft.7268
  • MLS #202433620
Seize this rare opportunity to own an income producing well-preserved 1950-built motel. Situated on a bustling state highway just minutes from a major interstate, this property offers 15 fully furnished rooms for rent. Currently operated as a mid-term rental and nightly stays, this property offers value-add potential and opportunity for business growth. Key Features: Prime Location: High traffic area with excellent visibility, attracting both interstate travelers and local visitors. Ample Parking: Spacious parking area accommodating cars, RVs, and trucks. Expansion Potential: Ample land for additional rooms, dining facilities, or recreational amenities. Turnkey Business: Well-maintained property with steady occupancy rates and a strong reputation among travelers. Perfect for an investor looking to capitalize on the opportunity to see a cash flow from day one and redevelop a prime commercial location.
County
Daviess County
Lot Size
2.4000
Year Built
1950
Sq, ft. finished
7,268sq. ft (approx.)
Subdivision
None
Annual Taxes
1918.04
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Martin Graber of Home & Harvest Properties LLC, 812-787-0276.

    Cameron Engstrom

    Realtor
    Cell: (812) 830-0019

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Listing Data updated: November 21, 2024, 4:30 am
IDX information provided by the Indiana Regional MLS