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7834 Progress Way

Newberry, IN 47449
  • $6,900,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 202507411
$6,900,000
  • 0
    BEDS
  • 6.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 42,396
    SQFT
Neighborhood:
None
Type:
Commercial
Built:
2019
County:
Greene
Area:
Greene

School Ratings & Info

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Listing provided by Brooks Galloway of Brooks Galloway Real Estate: Office: 812-936-7301.

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 $6,900,000!

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams. Data last updated: 2025-04-24T00:28:14.573.

www.team-janet.com/homes/161263367
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7834 Progress Way Newberry, IN 47449

  • Price: $6,900,000
  • Status: Active
  • On Site: 45 Days
  • MLS #: 202507411
0
Beds
0
Baths
0
½ Baths
6.1
Acres
42,396
SQFT
$163
$/SQFT
2019
Built
Neighborhood:
None
County:
Greene
Area:
Greene
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 $6,900,000!
Exterior Features

Construction Type1 Frame and Masonry Driveway Asphalt Exterior Ext. InsulatedStoneStuccoVinyl Fence None Fire Doors YN Yes Location CityCommercialNear College Campus Lot Dimensions 6.10 acres Parcel Description IrregularResort Parking LotPavedPrivatePublic Parking Type Asphalt Parking YN Yes Road Access State Roof Material Build-UpRubber Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation Slab Basement YN No Bldg1 Above Grd Sq Ft 42396 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 1000 Ceiling Height 9 Column Spacing Typical Cooling Central AirMultiple Cooling Units Flooring CarpetCeramic TileVinyl Heating Fuel Electric Interior Height 10 Interior Walls Drywall Special Features DrapesOffice SpaceReception AreaVentilating/Exhaust FansOther Total Restrooms 74

Property Features

Annual Taxes 22849 Auction YN No Buildings 1 Burglar Alarm YN No Currently Leased YN No Documents Available Aerial Photo Enterprise Zone No Equipment YN Yes Fire Protection City For Sale Or Rent For Sale Ingress Egress Asphalt Lease Term Remaining n/a New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Hotel/MotelResort Property Sub Type Hotel & Motel Property Use Bus. Included w/PropertyInvestment Property Proposed Financing CashConventionalWrap Around Public Utilities Electric Hook-UpGas Hook-UpMun. Sewer Hook-UpMun. Water Hook-Up Reo YN No Sale Includes BuildingBusinessFurnitureLand Sewer City Smoke Fire Alarm YN Yes Special Assessments None Sprinkler System YN Yes Tax Abatement No Township Taylor Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2024

Listing provided by Brooks Galloway of Brooks Galloway Real Estate: Office: 812-936-7301.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams. Data last updated: 2025-04-24T00:28:14.573.

 
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Janet English | Keller Williams
3928 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Brooks Galloway of Brooks Galloway Real Estate: Office: 812-936-7301.