76-Room Hotel in Warsaw,
For Sale
Contact for pricing
3825 Lake City Hwy, Warsaw, IN 46580
76-room Best Western Plus near downtown Warsaw, Indiana.
Property SizeContact for details
Days on Market162
Property Features for 3825 Lake City Hwy
General Information
Standard status
Active
Property subtype
Hospitality
Building Details
Year Built
1998
Buildings
1
Stories
3
Listing Agency:
Charles Hart Hospitality
Listed By:
Andrew Bankhurst · License #OH SAL.2015005693
Source:
Crexi
Added: Mar 2
Changed: Aug 8
Last Checked: Aug 10 at 1:08PM
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 Charles Hart Hospitality
Investment Insights
Based on property information with market context.
The 76-room Best Western Plus is located in Warsaw, Indiana, within the Lakes Region of Northern Indiana, near downtown Warsaw off of US Route 30. The hotel benefits from its location on a well traversed coast to coast US Highway, along with local demand generators including Winona Lake and the historic Downtown District with its popular yearly festivals. The hotel is currently being operated by an out of state management company which will allow a new owner to increase value with a hands-on approach. There is expected to be little to no PIP and can potentially be eligible for Best Western Auto Transfer for certain qualified owners. This is an excellent opportunity to acquire a well-maintained management company operated 76-room hotel that can be improved with hands on ownership.
Key Highlights
- 76‑room Best Western Plus in Northern Indiana's Lakes Region.
- Located off US Route 30 near downtown Warsaw.
- Benefits from high‑traffic US Highway location and local demand generators.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
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Business Placement
Demographics for 46580, IN
22,381
Population
8,873
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
88%
High-School Grad
71.1 sq mi
ZIP Area
315
Density / Sq Mi
$70,978
Median Household Income
$40,231
Median Earnings
$963
Median Rent
$175,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - 76-room Best Western Plus near downtown Warsaw, Indiana.
Where is this hotel located?
The property is located at 3825 Lake City Hwy Warsaw, IN.
What are key features of this property?
This property features: 76‑room Best Western Plus in Northern Indiana's Lakes Region.; Located off US Route 30 near downtown Warsaw.; Benefits from high‑traffic US Highway location and local demand generators.
