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Closed Knights Inn Hotel Property
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1950 S Wabash St, Wabash, IN 46992

89-unit hotel on 3.5+ acres with an outdoor pool, banquet hall, business center, and on-site manager’s quarters.

Property SizeContact for details
Lot Size3.50 Acres
Days on Market121

Property Features for 1950 S Wabash St

General Information

Standard status Active
Lot size 3.50 Acres
Property subtype Hospitality

Additional Details

Business Included Yes
Multifamily Units 89

Amenities

outdoor pool
deck for lounging
banquet hall
business center
guest laundry
Listing Agency: Amber Hotel Company
Listed By: Steve Post · License #01219756
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 3:13AM

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 Amber Hotel Company

Investment Insights

Based on property information with market context.

The Knights Inn is an 89-unit hotel property on over 3.5 acres. The site includes an outdoor pool and deck, a banquet hall, a business center, and a guest laundry. Guestroom amenities include flat screen TVs, microwaves, and refrigerators.

The property also features a 3-bedroom, 3.5-bath manager’s quarters onsite. While the hotel is currently closed, there is a restaurant and bar in turn-key condition that can be opened by new ownership or leased to another party.

Key Highlights

  • 89‑unit hotel on 3.5+ acres between Fort Wayne and Indianapolis in Wabash, IN
  • Outdoor pool and deck, plus banquet hall and business center
  • Guestrooms include flat screen TVs, microwaves, and refrigerators

Property Analytics

Current Use

Knights Inn Wabash Hotel & Motel BlissPoint Inn Wabash Hotel & Motel

Suggested Use

Top Pick Restaurant Dental Office Auto Parts Store Electrical Service Big Box & Wholesale Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

89
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

432
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Dining 24%
Speedway Shops & Services
15,120 visits/mo 0.2 miles
Scooter's Coffee Dining
7,357 visits/mo 0.2 miles
Phillips 66 Shops & Services
4,699 visits/mo 0.1 miles
Shell Shops & Services
3,774 visits/mo 0.4 miles

Demographics for 46992, IN

16,183
Population
7,654
Households
2.1
Avg Household Size
44
Median Age
23%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
99
Density / Sq Mi
$65,500
Median Household Income
$39,378
Median Earnings
$697
Median Rent
$141,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - 89-unit hotel on 3.5+ acres with an outdoor pool, banquet hall, business center, and on-site manager’s quarters.
Where is this hotel located?
The property is located at 1950 S Wabash St Wabash, IN.
What are key features of this property?
This property features: 89‑unit hotel on 3.5+ acres between Fort Wayne and Indianapolis in Wabash, IN; Outdoor pool and deck, plus banquet hall and business center; Guestrooms include flat screen TVs, microwaves, and refrigerators
(818) 851-3304 Call to check price and availability
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