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Evansville, IN Hotels for Sale

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Renovated 123-Room Hotel
Updated: Apr 2
Renovated 123-Room Hotel

1101 N Green River Rd, Evansville, IN 47715

Contact for pricing
Recently renovated Howard Johnson hotel with 123 rooms
Year built: 1986
Located about 5 miles east of downtown Evansville near I‑69, SR‑66, and SR‑62 intersections
Currently remotely operated by an absentee owner with local staff support
Minimal to no PIP expected upon transfer
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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 77 Potential Opportunities for your consideration. Besides 1 Active listings in Evansville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Licensed Rehabilitation Center
Licensed Rehabilitation Center

3100 W 2nd St, Owensboro, KY 42301

$6,000,000
80,000 sqft

Room-based behavioral health facility with private bathrooms, group spaces, and a commercial kitchen.

View details
Limited-Service Hotel with Meeting Space
Limited-Service Hotel with Meeting Space

75 INDIANA ST, Jasper, IN 47546

Contact for pricing
19,535 sqft 1.14 AC lot

For sale Super 8 by Wyndham in Jasper featuring 56 keys, an outdoor pool, and 400 sq ft of meeting/event space.

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Hospitality
Hospitality

951 Wernsing Rd, Jasper, IN 47546

Contact for pricing

Hotels

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9.9 Acres on Highway 60
9.9 Acres on Highway 60

3100 Heartland Xing Blvd, Owensboro, KY 42303

Contact for pricing
9.90 AC lot

9.9 acres with frontage on Highway 60.

View details

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.

Commercial Land with City Services
Commercial Land with City Services

01 N Plaza Dr. Avenue, Rockport, IN 47635

$206,250
1.68 AC lot

Commercial development site beside a four-lane highway, with city services already on site.

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Off-Market Properties in Evansville, IN

Consider similar Off-Market properties in Evansville, 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.

5400 Weston Rd
HOTEL/MOTEL

5400 Weston Rd, Evansville, IN 47712-3700

$1,015,000
Estimated value
61,156 sqft 3.40 AC lot
View details
301 Eagle Crst Dr
HOTEL/MOTEL

301 Eagle Crst Dr, Evansville, IN 47715-8163

$735,000
Estimated value
39,072 sqft 1.76 AC lot
View details
730 Citadel Cir
HOTEL/MOTEL

730 Citadel Cir, Evansville, IN 47715

$335,000
Estimated value
3,405 sqft 24.60 AC lot
View details
8331 Walnut St
HOTEL/MOTEL

8331 Walnut St, Evansville, IN 47715-8167

$690,000
Estimated value
52,261 sqft 3.01 AC lot
View details
4600 Morgan Ave
HOTEL/MOTEL

4600 Morgan Ave, Evansville, IN 47715-2258

$370,000
Estimated value
24,213 sqft 1.23 AC lot
View details
1715 Theater Dr
HOTEL/MOTEL

1715 Theater Dr, Evansville, IN 47715-2029

$7,000,000
Estimated value
2,275 sqft 4.16 AC lot
View details
3700 Justus Ct
HOTEL/MOTEL

3700 Justus Ct, Evansville, IN 47714-5319

$3,220,000
Estimated value
2,430 sqft 10.05 AC lot
View details
7901 Walnut St
HOTEL/MOTEL

7901 Walnut St, Evansville, IN 47715-3814

$745,000
Estimated value
66,751 sqft 2.33 AC lot
View details
5301 Monroe Ave
HOTEL/MOTEL

5301 Monroe Ave, Evansville, IN 47715-4936

$530,000
Estimated value
10,587 sqft 11.69 AC lot
View details
8343 Stahl Rd
HOTEL/MOTEL

8343 Stahl Rd, Evansville, IN 47715

$630,000
Estimated value
45,272 sqft 5.48 AC lot
View details
1165 Shiloh Sq
HOTEL/MOTEL

1165 Shiloh Sq, Evansville, IN 47714-0858

$445,000
Estimated value
3,957 sqft 5.64 AC lot
View details
1900 Pueblo Pass
HOTEL/MOTEL

1900 Pueblo Pass, Evansville, IN 47715-7022

$370,000
Estimated value
3,757 sqft 18.83 AC lot
View details
7900 Cir Frnt Ct
HOTEL/MOTEL

7900 Cir Frnt Ct, Evansville, IN 47715-4040

$300,000
Estimated value
3,051 sqft 14.65 AC lot
View details
4135 Hwy 41st N
HOTEL/MOTEL

4135 Hwy 41st N, Evansville, IN 47711

$465,000
Estimated value
8.35 AC lot
View details
5538 Indiana St
HOTEL/MOTEL

5538 Indiana St, Evansville, IN 47715-2853

$640,000
Estimated value
43,808 sqft 3.12 AC lot
View details
300 Red Bank Rd
HOTEL/MOTEL

300 Red Bank Rd, Evansville, IN 47712-3748

$8,400,000
Estimated value
2,784 sqft 14.47 AC lot
View details
315 Main St
HOTEL/MOTEL

315 Main St, Evansville, IN 47711-5415

$230,000
Estimated value
4,398 sqft 0.23 AC lot
View details
20 Walnut St
HOTEL/MOTEL

20 Walnut St, Evansville, IN 47708-1428

$790,000
Estimated value
49,533 sqft 0.29 AC lot
View details
3803 Hwy 41st N
HOTEL/MOTEL

3803 Hwy 41st N, Evansville, IN 47711

$835,000
Estimated value
71,362 sqft 3.98 AC lot
View details
7432 Brycen Ln
HOTEL/MOTEL

7432 Brycen Ln, Evansville, IN 47725-7637

$260,000
Estimated value
4,001 sqft 0.52 AC lot
View details
19600 Elpers Rd
HOTEL/MOTEL

19600 Elpers Rd, Evansville, IN 47725-8591

$710,000
Estimated value
49,578 sqft 1.92 AC lot
View details
2021 Fares Ave
HOTEL/MOTEL

2021 Fares Ave, Evansville, IN 47711-3947

$190,000
Estimated value
7,075 sqft 0.43 AC lot
View details
2021 Old 41st Hwy
HOTEL/MOTEL

2021 Old 41st Hwy, Evansville, IN 47711

$190,000
Estimated value
6,168 sqft 0.47 AC lot
View details

Evansville, IN Hotels Market Trends and Statistics

Explore 72 hotels for sale in Evansville, 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 3

Demographics Overview

Population 183K
Population Growth (5Y) +10.0%
Median Household Income $64,157
College Educated 10.1%

Taxes & Financing

Tax Rate (average for all types) 2.78%
Property Tax per SF $43.26 per SF
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Vanderburgh County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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