property
$515,000 - -2.39 acres
4658 U.S. 50, Montgomery, IN 47558
- Daviess County
Commercial Property

State
Indiana
County
Daviess County
City
Montgomery
Zip
47558
Address
4658 U.S. 50
Price
$515,000 -
Acreage
2.39 acres
Bedrooms
0
Baths
0

Description

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.

Amenities

Land

  • Lot Description

    • Acreage
  • Present Use

    • Commercial
  • Proposed Use

    • Commercial
  • Road Frontage Desc

    • State
  • Topography

    • Level

Seller Contact Information

Darwin Fleagle
Home and Harvest Properties
20 N State Rd 57
Washington, IN 47501
(812) 515-1522 (Office)

Property Boundaries

Property Map
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