Best Western Hotel with Indoor
For Sale
$5,495,000
1030 State Rd 229 N, Batesville, IN 47006
Renovated hospitality property with guest amenities, business services, and convenient Interstate 74 access.
Property SizeContact for details
Lot Size3.73 Acres
Days on Market53
Property Features for 1030 State Rd 229 N
General Information
Standard status
Active
Lot size
3.73 Acres
Property subtype
Hotel-Motel
Additional Details
Asking Price
$5,495,000
Highway Access
Yes
Amenities
complimentary full hot breakfast
high speed internet access
indoor pool
fitness center
business center
EV charging stations
guest laundry facilities
pet-friendly accommodations
Strong Best Western Brand Affiliation: 99-Room Midscale Hotel Operating Under One of the Most Recognized Hospitality Brands in the Industry
Strategic Interstate Location: Positioned Along Interstate 74 Between Cincinnati and Indianapolis
Diversified Demand Base: Benefits From Manufacturing, Healthcare, Recreation, Tourism, and Transient Travel Demand
Major Corporate Employers Nearby: Near Hillenbrand/Batesville Casket Company and Batesville Tool & Die
Strong Healthcare Demand Drivers: Proximity to Margaret Mary Health Main Campus Supports Consistent Medical Travel Demand
Regional Tourism and Event Activity: Near Liberty Park, RomWeber Marketplace, Applefest, and Other Community Events
Outdoor Recreation Opportunities: Close to Brum Woods, Brookville Lake, Versailles State Park, and Wolf Creek Habitat & Rescue
Comprehensive Guest Amenities: Indoor Pool, Fitness Center, Business Center, and Complimentary Breakfast
Building Details
Year Built
1993
Year Renovated
2021
Stories
2
Listing Agency:
Marcus & Millichap | Indianapolis
(630) 570-2202
Listed By:
Kristen Blackshaw · License #License(s): IL: 475.211795
(630) 570-2202
Source:
Marcusmillichap
Added: Jul 9
Changed: Aug 29
Last Checked: Aug 29 at 2:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Indianapolis
Investment Insights
Based on property information with market context.
The Best Western Batesville is a 99-room hotel occupying approximately 3.73 acres at 1030 State Road 229 N in Batesville, Indiana. Built in 1993, the two-story property includes an indoor pool, fitness center, business center, guest laundry, EV charging stations, complimentary full hot breakfast, high-speed internet access, pet-friendly accommodations, and ample parking. Ownership completed a comprehensive renovation in 2021, including updated guestroom furnishings, carpeting, mattresses, televisions, window coverings, and walk-in showers in all king rooms. Public areas were also remodeled, while exterior repainting and parking lot lighting upgrades were completed.
The hotel sits along Interstate 74, connecting Cincinnati, Indianapolis, and Louisville, and is positioned near Hillenbrand/Batesville Casket Company, Batesville Tool & Die, and Margaret Mary Health Main Campus. Regional attractions and recreation destinations include Liberty Park, Brookville Lake, Versailles State Park, and the annual Batesville Applefest. Cincinnati/Northern Kentucky International Airport is approximately 50 miles east, and Indianapolis International Airport is approximately 65 miles northwest.
The hotel sits along Interstate 74, connecting Cincinnati, Indianapolis, and Louisville, and is positioned near Hillenbrand/Batesville Casket Company, Batesville Tool & Die, and Margaret Mary Health Main Campus. Regional attractions and recreation destinations include Liberty Park, Brookville Lake, Versailles State Park, and the annual Batesville Applefest. Cincinnati/Northern Kentucky International Airport is approximately 50 miles east, and Indianapolis International Airport is approximately 65 miles northwest.
Key Highlights
- 99 guest rooms across two stories on approximately 3.73 acres
- Comprehensive property renovation completed in 2021
- Indoor pool, fitness center, business center, and guest laundry
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
Explore this area
Business Placement
Demographics for 47006, IN
12,761
Population
5,025
Households
2.5
Avg Household Size
41
Median Age
23%
College-Educated
93%
High-School Grad
106.1 sq mi
ZIP Area
120
Density / Sq Mi
$76,220
Median Household Income
$47,715
Median Earnings
$776
Median Rent
$237,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - Renovated hospitality property with guest amenities, business services, and convenient Interstate 74 access.
Where is this hotel located?
The property is located at 1030 State Rd 229 N Batesville, IN.
What is the asking price?
The asking price for this property is $5,495,000.
What are key features of this property?
This property features: 99 guest rooms across two stories on approximately 3.73 acres; Comprehensive property renovation completed in 2021; Indoor pool, fitness center, business center, and guest laundry
