Modern Limited-Service
7834 Progress Way Newberry, IN 47449
7834 Progress Way, Newberry, IN, 47449
$6,500,000
For Sale
$6,500,000
COMMERCIAL - Newberry, IN
Lot Size6.10 Acres
Days on Market499
Property Features for 7834 Progress Way
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 28-13-36-000-015.010-019
- Lot size
- 6.10 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- PROGRESS POINTE SUBDIVISION, PHASE 2 LT # 10
- Tax Annual Amount
- 22849
Utilities
- Cooling system
- Multi Units, Central Air
Building Details
- Year built
- 2019
- Flooring type
- Vinyl, Carpet, Tile - Ceramic
- Roof type
- Rubber
Listing agency
Brooks Galloway Real Estate
(812) 936-7301
Listed by
Brooks Galloway · License #RB14010961
(812) 521-7301
Added: Mar 9, 2025 Updated: Jul 12 at 4:30AM Checked: Jul 21 at 11:06AM
MLS# 202507411
Copyright © 2026 Bedford Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This modern limited-service hotel opened in late 2019 and totals 72 rooms, including 29 Main Stay Suites rooms and 43 Sleep Inn rooms. The property is described as having a sleek, contemporary design and state-of-the-art amenities with an emphasis on guest comfort and operational efficiency.
The hotel is located near Interstate 69, close to the expanding Crane Naval Base and the Crane West Gate. It also serves the surrounding communities of Bloomfield, Loogootee, and Linton. The current ownership notes that the property may receive overflow from events at Indiana University in Bloomington.
For buyers, this is a turnkey hospitality asset designed for efficient operation, with room count and brand mix already in place through Main Stay Suites and Sleep Inn. Its location near I-69 and key demand drivers in the Crane area is a practical fit for operators seeking a mid-market hotel serving both local and event-based travel. Showings are by appointment only.
The hotel is located near Interstate 69, close to the expanding Crane Naval Base and the Crane West Gate. It also serves the surrounding communities of Bloomfield, Loogootee, and Linton. The current ownership notes that the property may receive overflow from events at Indiana University in Bloomington.
For buyers, this is a turnkey hospitality asset designed for efficient operation, with room count and brand mix already in place through Main Stay Suites and Sleep Inn. Its location near I-69 and key demand drivers in the Crane area is a practical fit for operators seeking a mid-market hotel serving both local and event-based travel. Showings are by appointment only.
Key Highlights
- 72‑room hotel opened new in late 2019, including 29 Main Stay Suites and 43 Sleep Inn rooms
- Multi‑unit central air cooling and rubber roof
- Flooring includes vinyl, carpet, and ceramic tile
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hotels
FAQs
What type of property is this?
Hotel - Modern 2019 hotel with 72 rooms positioned near major access points serving the Crane Naval Base area.
Where is this hotel located?
The property is located at 7834 Progress Way Newberry, IN.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 72‑room hotel opened new in late 2019, including 29 Main Stay Suites and 43 Sleep Inn rooms; Multi‑unit central air cooling and rubber roof; Flooring includes vinyl, carpet, and ceramic tile
