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Indianapolis Investment Opportunity

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Industrial

Indianapolis Hotel & Industrial Development Site

For Sale

    Lot Size       |       Price       |         Parking
  5.22 acres        $1,999,000       152 Spaces

The Opportunity

Price: $1,999,000
Lot Size: 5.22 Acres
Hotel: 150 Rooms
Parking: 152 Parking Spaces
Traffic: 125,000 Vehicles/Day
Year Built: 1975

We’re proud to offer this unique opportunity to purchase 5.22 acres just off of I-74/I-465. The land, which has a 150 room hotel, is adjacent to one of Indianapolis’ largest trucking stops and affords the future owner additional development rights should they decide to redevelop. 

The 150 room hotel is situated on the 5.22 acres and surrounded by 152 parking spaces. Built with balconies or patios off of each room, the future owner can capitalize on this rare hotel offering. With high visibility directly off of I-465 with over 125,000 vehicles passing/day this asset is positioned to leverage that daily traffic. The future owner/investor will need to undertake cosmetic and structural renovations to bring the hotel up to code.

Come take advantage of this phenomenal location and leverage the potential by building to the highest and best use. 

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Excellent Location

The hotel and land are located just five miles south of downtown Indianapolis, 8 miles from the airport and immediately adjacent to the freeway. You are situated next to one of the largest truck stops in Indianapolis with substantial daily traffic.

Indianapolis is unofficially nicknamed the Crossroads of America as I-65, I-69, I-70 & I-74 all run through the city. Traffic is not all the city boasts, though. Recently ranked amongst “America’s Favorite Places” by Travel + Leisure Magazine readers, the city continues to thrive and attract new full time residents alongside the growing tourism industry. Forbes pointed towards the sports, food, drink, value and golf as just a few of the reasons as to why the city is such a great place. 

Boasting one of the top ranked international airports in the country in a growing city, this is not an opportunity to be missed.

Versatile Offering

Zoned to allow for a multitude of uses and offering the ability to do a renovation of the existing hotel, the future owner can build to the highest and best use for the property. Alongside this hotel and 5.22 acre offering is a large plot of land zoned I-4 allowing for industrial development. 

Come build to the highest and best, leverage the high daily traffic and capitalize on the proximity to downtown Indianapolis and the airport. 

Property Highlights

Price: $1,999,000
Lot Size: 5.22 Acres
Hotel: 150 Rooms
Parking: 152 Parking Spaces
Year Built
1975
Addt’l Opportunity: Adjacent to valuable I-4 Development Land

For additional information, please fill out your information below for the full offering memorandum or use the button near the top of this page to contact the listing agent directly.

  • Strong Market
  • Adjacent Industrial Property
  • Excellent Location
  • Upside Potential
  • 8.9 Miles from Indianapolis Speedway
  • 5 Miles from Lucas Oil Stadium
  • 5.6 Miles from Indianapolis Zoo

Please provide your information below to receive the full offering memorandum.

By clicking “DOWNLOAD OM” button, I agree to the  Confidentiality Agreement – Biproxi

Contact Agent

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