Hospitality

Merrillville, IN Hospitality Properties for Sale

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112-Room Hotel
Updated: Nov 3
112-Room Hotel

8275 GEORGIA ST, Merrillville, IN 46410

Contact for pricing
112‑room hotel at 8275 Georgia Street in Merrillville, Indiana
Currently operating under a Marriott flag
Reported approval for a future City Express by Marriott flag
Approximately 18‑month anticipated brand transition
Some rooms are reported out of service
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See hot listings in Merrillville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
1 active listing matches your search: Hospitality for sale in Merrillville, IN. Based on your search, we've also compiled 37 Potential Opportunities for your consideration: 4 properties in nearby cities, 29 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

37-Room Exterior-Corridor Motel
37-Room Exterior-Corridor Motel

9112 S Cottage Grove Avenue, Chicago, IL 60619

Burnside
$2,199,000
12,000 sqft  0.42 acres  2-story  Built 1971
Highway access  B3-2 Commercial

Two-story lodging property with central air, main-level parking, and B3-2 Commercial zoning.

View details
Renovated 65-Room Hotel with Indoor Pool
Renovated 65-Room Hotel with Indoor Pool

2235 173rd Place, Lansing, IL 60438

Contact for pricing
56,192 sqft  1.29 acres  Built 1996 / renov 2013

Renovated 1996 hotel with indoor pool, covered entry, and ample parking—well suited for hospitality operators.

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Branded Hotel with Updated Interiors
Branded Hotel with Updated Interiors

2255 173rd Street, Lansing, IL 60438

Contact for pricing
48,352 sqft  1.11 acres  4-story  Built 1997 / renov 2014
B-2

A 4-story Sleep Inn offering 69 rooms on a B-2 zoned site, renovated in 2014.

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Independent Limited-Service Motel
Independent Limited-Service Motel

1140 W 95th St, Chicago, IL 60643

Brainerd
$3,500,000

Independent limited-service motel with a 24-hour front desk, weekly housekeeping, and on-site parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

B-3 Commercial Land
B-3 Commercial Land

13951 Alexander Street, Cedar Lake, IN 46303

$397,300
1.35 AC lot

B-3 zoning supports retail, dining, services, lodging, entertainment, and other commercial uses.

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Highway Commercial Land
Highway Commercial Land

W 400 N, Michigan City, IN 46360

$1,050,000
21.81 AC lot

B-3-zoned development land with public water and sewer access at the street.

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B-3 Highway Commercial Land
B-3 Highway Commercial Land

3886 N 950 W, Michigan City, IN 46360

$350,000
5.58 AC lot

Commercial land with public water and sewer near a signalized intersection in Michigan City.

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Improved Commercial Land
Improved Commercial Land

191 88th Avenue, Mokena, IL 60448

$4,250,000
17.81 acres  C1-A
Highway access  Road access

Water, public sewer, utilities, and roads are in place for commercial site development.

Utilities to site
View details

Off-Market Properties in Merrillville, IN

Consider similar Off-Market properties in Merrillville, 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.

8275 Georgia St
HOTEL/MOTEL

8275 Georgia St, Merrillville, IN 46410-6226

Estimated value:
$780,000
51,629 sqft 2.69 AC lot
View details
8353 Georgia St
HOTEL/MOTEL

8353 Georgia St, Merrillville, IN 46410-6290

Estimated value:
$695,000
31,602 sqft 2.09 AC lot
View details
8339 Ohio
HOTEL/MOTEL

8339 Ohio, Merrillville, IN 46410-6586

Estimated value:
$4,300,000
39,732 sqft 1.90 AC lot
View details
8210 Louisiana St
HOTEL/MOTEL

8210 Louisiana St, Merrillville, IN 46410-6354

Estimated value:
$3,300,000
53,076 sqft 2.14 AC lot
View details
8018 Delaware Pl
HOTEL/MOTEL

8018 Delaware Pl, Merrillville, IN 46410-5605

Estimated value:
$775,000
54,350 sqft 0.97 AC lot
View details
8290 Georgia St
HOTEL/MOTEL

8290 Georgia St, Merrillville, IN 46410-6227

Estimated value:
$395,000
16,320 sqft 2.00 AC lot
View details
7850 Rhode Is St
HOTEL/MOTEL

7850 Rhode Is St, Merrillville, IN 46410-5600

Estimated value:
$2,460,000
65,678 sqft 6.10 AC lot
View details
1350 83rd Ave
HOTEL/MOTEL

1350 83rd Ave, Merrillville, IN 46410-6364

Estimated value:
$2,970,000
33,676 sqft 2.51 AC lot
View details
8300 Louisiana St
HOTEL/MOTEL

8300 Louisiana St, Merrillville, IN 46410-6312

Estimated value:
$520,000
22,250 sqft 2.33 AC lot
View details
1344 83rd Ave
HOTEL/MOTEL

1344 83rd Ave, Merrillville, IN 46410-6364

Estimated value:
$4,950,000
43,644 sqft 2.44 AC lot
View details
8311 Ohio
HOTEL/MOTEL

8311 Ohio, Merrillville, IN 46410-6586

Estimated value:
$695,000
38,004 sqft 1.75 AC lot
View details
3944 77th Pl
HOTEL/MOTEL

3944 77th Pl, Merrillville, IN 46410-5070

Estimated value:
$245,000
2,334 sqft 15.31 AC lot
View details
8290 Louisiana St
HOTEL/MOTEL

8290 Louisiana St, Merrillville, IN 46410-6354

Estimated value:
$670,000
51,076 sqft 2.68 AC lot
View details
8375 Georgia St
HOTEL/MOTEL

8375 Georgia St, Merrillville, IN 46410-6290

Estimated value:
$685,000
30,906 sqft 1.87 AC lot
View details
734 82nd Ave
HOTEL/MOTEL

734 82nd Ave, Merrillville, IN 46410

Estimated value:
$310,000
14,758 sqft 1.01 AC lot
View details
750 82nd Ave
HOTEL/MOTEL

750 82nd Ave, Merrillville, IN 46410

Estimated value:
$305,000
14,848 sqft 1.00 AC lot
View details
8420 Indiana St
HOTEL/MOTEL

8420 Indiana St, Merrillville, IN 46410-6357

Estimated value:
$785,000
57,082 sqft 1.87 AC lot
View details
8415 Louisiana St
HOTEL/MOTEL

8415 Louisiana St, Merrillville, IN 46410-6346

Estimated value:
$870,000
65,340 sqft 3.76 AC lot
View details
7775 Mississippi St
HOTEL/MOTEL

7775 Mississippi St, Merrillville, IN 46410-5710

Estimated value:
$1,110,000
77,383 sqft 2.92 AC lot
View details
6701 Taft St
HOTEL/MOTEL

6701 Taft St, Merrillville, IN 46410-3732

Estimated value:
$615,000
30,524 sqft 122.37 AC lot
View details
6201 Opportunity Ln
HOTEL/MOTEL

6201 Opportunity Ln, Merrillville, IN 46410-2776

Estimated value:
$535,000
44,418 sqft 3.63 AC lot
View details
8460 Mississippi St
HOTEL/MOTEL

8460 Mississippi St, Merrillville, IN 46410-6318

Estimated value:
$815,000
60,444 sqft 2.20 AC lot
View details
8293 Louisiana St
HOTEL/MOTEL

8293 Louisiana St, Merrillville, IN 46410-6345

Estimated value:
$590,000
30,816 sqft 0.95 AC lot
View details

Merrillville, IN Hospitality Properties Market Trends and Statistics

Explore 30 hospitality properties for sale in Merrillville, IN on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 39K
Population Growth (5Y) +2.0%
Median Household Income $61,735
College Educated 16.4%

Taxes & Financing

Tax Rate (average for all types) 2.32%
Property Tax per SF $33.26 per SF
Tax Rate vs County Average 0.75 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Merrillville fall within the 100,000+ square foot range.

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