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Shelbyville, IN

Hospitality

Shelbyville, IN Hospitality Properties for Sale

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Waldron, IN Fairland, IN Edinburgh, IN Morristown, IN Saint Paul, IN Fountaintown, IN Arlington, IN Franklin, IN

Three-Story Interior-Corridor Hotel

Updated: Sep 30

Three-Story Interior-Corridor Hotel

59 E Rampart St, Shelbyville, IN 46176

$6,050,000

57 guest keys in a three‑story, interior‑corridor hotel
Approximately 32,516 SF on approximately 1.99 acres
15‑year license extension; renovation scheduled for 2025
2024 projected occupancy of 69.70%
Pool, fitness center, meeting rooms, and event space

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

1 active listing matches your search: Hospitality for sale in Shelbyville, IN. Based on your search, we've also compiled 19 Potential Opportunities for your consideration: 4 properties in nearby cities, 11 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.

Hotel with On-Site Restaurant

Hotel with On-Site Restaurant

7304 E 21st St, Indianapolis, IN 46219

$7,250,000

Established hospitality property with guest services, meeting space, fitness amenities, and on-site laundry.

SpringHill Camp, Indiana

SpringHill Camp, Indiana

2221 In-258, Seymour, IN 47274

$17,500,000

31,053,924 sqft 712.90 AC lot

TURNKEY Campground/Retreat/Resort Center

120-Room Hotel with Pool

120-Room Hotel with Pool

9347 Delegates Row, Indianapolis, IN 46240

Contact for pricing

Renovated hotel with a seasonal outdoor pool, elevator, and a mix of exterior- and interior-corridor guest access.

47-Room Independent Motel

47-Room Independent Motel

2603 Outlet Boulevard, Seymour, IN 47274

Contact for pricing

An on-site manager’s apartment provides space for on-property management.

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.

Prime Location Land For Sale

Prime Location Land For Sale

1007 N Riley Highway, Shelbyville, IN 46176

$696,900

1.00 AC lot

One acre of land in a high-traffic location.

C4 Zoned Commercial Land Parcel

C4 Zoned Commercial Land Parcel

2033 Prospect Street, Indianapolis, IN 46203

$90,000

0.09 AC lot

Small C4 lot that supports both residential housing and a range of commercial operating uses.

Agricultural Land with Easement Access

Agricultural Land with Easement Access

S State Road 109, Knightstown, IN 46148

$1,125,000

25.00 AC lot

A 25-acre tract offers agricultural zoning, chain-link fencing, and recorded access easements from State Road 109.

Farmland with Road Access

Farmland with Road Access

S State Road 109, Knightstown, IN 46148

$2,625,000

35.00 AC lot

Two recorded easements provide access from State Road 109 to the tract.

Off-Market Properties in Shelbyville, IN

Consider similar Off-Market properties in Shelbyville, 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.

36 Rampart St

HOTEL/MOTEL

36 Rampart St, Shelbyville, IN 46176-9472

Estimated value:

$3,735,000

29,511 sqft 1.40 AC lot

2495 Michigan Rd

HOTEL/MOTEL

2495 Michigan Rd, Shelbyville, IN 46176-1868

Estimated value:

$325,000

4,155 sqft 1.23 AC lot

38 Rampart St

HOTEL/MOTEL

38 Rampart St, Shelbyville, IN 46176-9472

Estimated value:

$255,000

45,183 sqft 2.48 AC lot

20 Rampart St

HOTEL/MOTEL

20 Rampart St, Shelbyville, IN 46176-9472

Estimated value:

$560,000

26,420 sqft 1.11 AC lot

59 Rampart St

HOTEL/MOTEL

59 Rampart St, Shelbyville, IN 46176-9499

Estimated value:

$550,000

32,516 sqft 1.99 AC lot

68 Rampart St

HOTEL/MOTEL

68 Rampart St, Shelbyville, IN 46176-9499

Estimated value:

$505,000

24,440 sqft 2.00 AC lot

1700 Morningside Dr

HOTEL/MOTEL

1700 Morningside Dr, Shelbyville, IN 46176-9125

Estimated value:

$225,000

4,614 sqft 16.54 AC lot

111 Lee Blvd

HOTEL/MOTEL

111 Lee Blvd, Shelbyville, IN 46176-3404

Estimated value:

$530,000

37,952 sqft 2.08 AC lot

2405 Trotters Chase

HOTEL/MOTEL

2405 Trotters Chase, Shelbyville, IN 46176-8871

Estimated value:

$260,000

2,440 sqft 0.73 AC lot

1835 Michigan Rd

HOTEL/MOTEL

1835 Michigan Rd, Shelbyville, IN 46176-1834

Estimated value:

$345,000

7,639 sqft 2.59 AC lot

3529 100th W

HOTEL/MOTEL

3529 100th W, Shelbyville, IN 46176-9416

Estimated value:

$440,000

3,912 sqft 51.20 AC lot

Shelbyville, IN Hospitality Properties Market Trends and Statistics

Explore 12 hospitality properties for sale in Shelbyville, IN on our real estate platform.

Sale prices for hospitality properties in Shelbyville, IN average $6,050,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 29K

Population Growth (5Y) +3.5%

Median Household Income $66,045

College Educated 25.8%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
46176	$6.1M

Taxes & Financing

Tax Rate (average for all types) 2.29%

Property Tax per SF $38.44 per SF

Tax Rate vs County Average 0.06 pp above county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Shelbyville fall within the 10,000 to 25,000 square foot range.

How Realmo verifies these figures

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