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Shelbyville, IN Hotels for Sale

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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
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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

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.

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49-Key Interior Corridor Hotel
49-Key Interior Corridor Hotel

40 New Garver Rd., Monroe, OH 45050

Contact for pricing
21,116 sqft

Baymont by Wyndham Monroe offers 49 keys in an interior corridor configuration and recently renovated under the Wyndham PIP.

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55-Room Two-Story Hotel
55-Room Two-Story Hotel

150 North Garver Road, Monroe, OH 45050

Contact for pricing

Two-story hospitality asset serving business and leisure travelers in the Cincinnati-Dayton corridor.

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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.

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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
View details
2495 Michigan Rd
HOTEL/MOTEL

2495 Michigan Rd, Shelbyville, IN 46176-1868

Estimated value:
$325,000
4,155 sqft 1.23 AC lot
View details
38 Rampart St
HOTEL/MOTEL

38 Rampart St, Shelbyville, IN 46176-9472

Estimated value:
$255,000
45,183 sqft 2.48 AC lot
View details
20 Rampart St
HOTEL/MOTEL

20 Rampart St, Shelbyville, IN 46176-9472

Estimated value:
$560,000
26,420 sqft 1.11 AC lot
View details
59 Rampart St
HOTEL/MOTEL

59 Rampart St, Shelbyville, IN 46176-9499

Estimated value:
$550,000
32,516 sqft 1.99 AC lot
View details
68 Rampart St
HOTEL/MOTEL

68 Rampart St, Shelbyville, IN 46176-9499

Estimated value:
$505,000
24,440 sqft 2.00 AC lot
View details
1700 Morningside Dr
HOTEL/MOTEL

1700 Morningside Dr, Shelbyville, IN 46176-9125

Estimated value:
$225,000
4,614 sqft 16.54 AC lot
View details
111 Lee Blvd
HOTEL/MOTEL

111 Lee Blvd, Shelbyville, IN 46176-3404

Estimated value:
$530,000
37,952 sqft 2.08 AC lot
View details
2405 Trotters Chase
HOTEL/MOTEL

2405 Trotters Chase, Shelbyville, IN 46176-8871

Estimated value:
$260,000
2,440 sqft 0.73 AC lot
View details
1835 Michigan Rd
HOTEL/MOTEL

1835 Michigan Rd, Shelbyville, IN 46176-1834

Estimated value:
$345,000
7,639 sqft 2.59 AC lot
View details
3529 100th W
HOTEL/MOTEL

3529 100th W, Shelbyville, IN 46176-9416

Estimated value:
$440,000
3,912 sqft 51.20 AC lot
View details

Shelbyville, IN Hotels Market Trends and Statistics

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

Sale prices for resorts 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

Hotels 1

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.

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