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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.

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Frequently asked questions

What can I do to get my home ready to sell?
Organize your paperwork: Have a detailed list of all past repairs, updates and upgrades that have been made. Get Ready to De Clutter: Start with one closet and work your way through the entire home. Sort items to toss, keep, sell and donate. Clean: Wash down walls, spruce up paint, and give your home a thorough cleaning. Get an Inspection: Did you think inspections were only for buyers? Having a pre-sale inspection can mean identifying potential problem areas. Start Staging: You want to have your home clean and ready to show. This means having curb appeal with neat landscaping, fresh paint, and flowers. Rearrange your furniture and remove clutter and personal items.

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