Newberry, IN Commercial Real Estate for Sale

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Modern Hotel Near Crane Base
Updated: Apr 30, 2025
Modern Hotel Near Crane Base

7834 Progress Way, Newberry, IN 47449

$6,500,000
6.10 AC lot
Modern hotel built in late 2019
72 rooms: 29 Main Stay Suites & 43 Sleep Inn
Strategic location near Interstate 69 and the expanding Crane Naval Base/Crane West Gate
No other modern mid‑market hotels within 30 minutes
Serves Crane Naval Base and the communities of Bloomfield, Loogootee, and Linton
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Modern 72-Room Hotel
Updated: Mar 9, 2025
Modern 72-Room Hotel

7834 Progress Way, Newberry, IN 47449

$6,500,000
6.10 AC lot
72‑room hotel with 29 MainStay Suites and 43 Sleep Inn rooms
Opened new in late 2019
6.1 acres
Near Interstate 69 and close to Crane Naval Base and Crane West Gate
Multi‑unit central air cooling
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 33 Potential Opportunities for your consideration. Besides 2 Active listings in Newberry, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Church Facility with Classroom Spaces
Church Facility with Classroom Spaces

107 CR 70 E, Bloomfield, IN 47424

$165,000
0.22 AC lot

Church building includes a sanctuary, fellowship hall, kitchen, classrooms, an office, and two half bathrooms.

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Office Building with Income Potential
Office Building with Income Potential

19 South Washington Street, Bloomfield, IN 47424

$200,000
10,890 sqft

Remodeled leased office includes reception, offices, half bath, and breakroom; unfinished areas and upstairs rooms offer conversion possibilities.

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Productive Farmland Tract
Productive Farmland Tract

N 600 E, Elnora, IN 47529

$125,000
8.30 AC lot

8.3-acre parcel of productive farmland with convenient access near Elnora.

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Productive Farmland Parcel
Productive Farmland Parcel

N 600 E, Elnora, IN 47529

$125,000
8.30 AC lot

A 8.3-acre farmland tract with direct access near Elnora for continued cultivation or rural land ownership.

View details

Off-Market Properties in Newberry, IN

Consider similar Off-Market properties in Newberry, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

7362 State Rd 57
AUTO REPAIR, GARAGE

7362 State Rd 57, Newberry, IN 47449

$1,690,000
Estimated value
29,440 sqft 8.68 AC lot
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2nd St
RETAIL STORES (PERSONAL SERVICES)

2nd St, Newberry, IN 47449

Value Estimation by Request
1,760 sqft 0.21 AC lot
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4th St
OFFICE (GENERAL)

4th St, Newberry, IN 47449

Value Estimation by Request
882 sqft 0.10 AC lot
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Mulberry St
VACANT COMMERCIAL LAND

Mulberry St, Newberry, IN 47449

Value Estimation by Request
0.20 AC lot
View details
Mulberry St
VACANT COMMERCIAL LAND

Mulberry St, Newberry, IN 47449

Value Estimation by Request
0.20 AC lot
View details
283 Broad St
COMMERCIAL (GENERAL)

283 Broad St, Newberry, IN 47449

Value Estimation by Request
7,810 sqft 0.20 AC lot
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Broad St
VACANT COMMERCIAL LAND

Broad St, Newberry, IN 47449

Value Estimation by Request
0.24 AC lot
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Broad St
VACANT COMMERCIAL LAND

Broad St, Newberry, IN 47449

Value Estimation by Request
0.20 AC lot
View details
7970 Energy Dr
HEAVY INDUSTRIAL

7970 Energy Dr, Newberry, IN 47449-7128

$1,765,000
Estimated value
29,252 sqft 6.81 AC lot
View details
31 5th St
THEATER (MOVIE)

31 5th St, Newberry, IN 47449-4903

Value Estimation by Request
4,080 sqft 0.20 AC lot
View details
7834 Progress Way
HOTEL/MOTEL

7834 Progress Way, Newberry, IN 47449-7131

$970,000
Estimated value
42,396 sqft 6.10 AC lot
View details
2nd St
COMMERCIAL (GENERAL)

2nd St, Newberry, IN 47449

Value Estimation by Request
2,407 sqft 0.20 AC lot
View details
5th Broad Hwy
RETAIL STORES (PERSONAL SERVICES)

5th Broad Hwy, Newberry, IN 47449

Value Estimation by Request
2,232 sqft 0.40 AC lot
View details
County Rd 710th S
THEATER (MOVIE)

County Rd 710th S, Newberry, IN 47449

Value Estimation by Request
1,425 sqft 0.56 AC lot
View details
Gate Rd
MEDICAL BUILDING

Gate Rd, Newberry, IN 47449

Value Estimation by Request
2,728 sqft 1.13 AC lot
View details
Broad St
VACANT COMMERCIAL LAND

Broad St, Newberry, IN 47449

Value Estimation by Request
0.06 AC lot
View details
3rd St
VACANT COMMERCIAL LAND

3rd St, Newberry, IN 47449

Value Estimation by Request
0.20 AC lot
View details
Walnut St
OFFICE (GENERAL)

Walnut St, Newberry, IN 47449

Value Estimation by Request
5,180 sqft 0.29 AC lot
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Walnut St
COMMERCIAL (GENERAL)

Walnut St, Newberry, IN 47449

Value Estimation by Request
144 sqft 0.15 AC lot
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2nd St
COMMERCIAL (GENERAL)

2nd St, Newberry, IN 47449

Value Estimation by Request
3,792 sqft 0.20 AC lot
View details
Griffin Rd
AUTO REPAIR, GARAGE

Griffin Rd, Newberry, IN 47449

$905,000
Estimated value
9,360 sqft 112.35 AC lot
View details
5th St
THEATER (MOVIE)

5th St, Newberry, IN 47449

Value Estimation by Request
1,744 sqft 0.19 AC lot
View details

Newberry, IN Commercial Real Estate Market Trends and Statistics

Explore 29 commercial real estate for sale in Newberry, IN on our real estate platform.

Sale prices for business properties in Newberry, IN average $6,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 407
Population Growth (5Y) +29.2%
Median Household Income $53,583
College Educated 6.8%

High-Yield Neighborhoods for Investment

Identify Newberry submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47449 $6.5M

Taxes & Financing

Tax Rate (average for all types) 1.23%
Property Tax per SF $27.84 per SF
Tax Rate vs County Average 0.89 pp below county avg
Average Loan-to-Value 65.0%

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