Building Details

Building Size 24,554 SF

Year Built 1988

Listing Agency: Sperry Commercial Global Affiliates Irvine w***@sperrycga.com Show Phone

Listed By: Wesley Odle · License #KY #201952

Source: Sperrycga

Added: Nov 21, 2025 Changed: Aug 14 Last Checked: Aug 22 at 3:48AM

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Investment Insights

Based on property information with market context.

This property, situated on over 5 acres, offers great interstate exposure and visibility at the Leavenworth exit. The site currently hosts an older hotel and convention center with a partially unfinished interior and exterior room access. It features two kitchen hood systems. The location is near Jasper Engine Manufacturing. The property is located off Interstate 64 at the Leavenworth exit, providing expressway visibility and access. Two truck stops, Loves and Pilot, are also located at this exit, and the property is near Jasper Engines and one exit from Corydon. A truck driving school currently leases the parking lot for $21,600 per year until February 1, 2025. The seller is open to creative arrangements, including finance, exchange, lease back, or joint venture. The property includes an out lot and development potential. There is unfinished expansion work that could increase revenue. Potential owner finance or exchange.

Key Highlights

• Excellent Interstate Exposure/Visibility at a Major Exit
• Over 5 Acres with Out Lot and Development Potential
• Income‑Producing Parking Lot Lease: $21,600/Year Until February 2025

Property Analytics

Property Profile

Current Use

Hotels

Suggested Use

Top Pick Auto Parts Store Bakery Grocery & Convenience Store Real Estate Agency Food Market Travel Agency

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

Location Intelligence

Trade Area within ½ mile

41

Businesses Nearby

7k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

4,089 visits/mo 0.4 miles

Marathon Shops & Services

3,218 visits/mo 0.3 miles

Demographics for 47137, IN

1,300

Population

600

Households

2.2

Avg Household Size

46

Median Age

12%

College-Educated

91%

High-School Grad

62.4 sq mi

ZIP Area

21

Density / Sq Mi

$54,737

Median Household Income

$40,625

Median Earnings

$645

Median Rent

$116,300

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Hotel - Hotel/Convention Center with interstate exposure and truck stop proximity.

Where is this hotel located?

The property is located at 6908 S STATE ROAD 66 Leavenworth, IN.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Excellent Interstate Exposure/Visibility at a Major Exit; Over 5 Acres with Out Lot and Development Potential; Income‑Producing Parking Lot Lease: $21,600/Year Until February 2025