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Hotel with Indoor Swimming Pool
For Sale
$4,600,000

9530 W State Rd 56, French Lick, IN 47432

LAND - French Lick, IN

Property SizeContact for details
Lot Size2.91 Acres
Days on Market662

Property Features for 9530 W State Rd 56

General Information

Property type Land
Property subtype Other
Lot features Level, 0-2.9999
Elementary school Springs Valley
Middle school Springs Valley Jr/Sr
High school Springs Valley Jr/Sr
Elementary school district Springs Valley Community Schools
Middle school district Springs Valley Community Schools
High school district Springs Valley Community Schools
Directions On State Rd 56 go 1.7 miles west of Hwy 145 / Hwy 56 intersection in French Lick, IN
Subdivision Orange County
Standard status Active
APN 59-12-09-600-053.002-002
Lot size 2.91 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description PT SE NW & PT NE SW 9 1N 2W; 2.482 A. PT SE NW & PT NE SW 9 1N 2W; .423 A.
Tax Annual Amount 85991
Legal Description PT SE NW & PT NE SW 9 1N 2W; 2.482 A. PT SE NW & PT NE SW 9 1N 2W; .423 A.
Listing Agency: Brooks Galloway Real Estate
Listed By: Brooks Galloway · License #RB14010961
Added: Oct 25, 2024 Changed: Jul 6 Last Checked: Aug 17 at 12:06PM
MLS# 202441774

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 for-sale Comfort Suites hotel features 80 rooms and includes an on-site dining area, indoor swimming pool, business center, meeting room, and dining area. The property is described as having a major property improvement program (PIP) completed, along with a new roof and gutters, and includes new furniture and TVs.

Located at 9530 W State Rd 56 in French Lick, Indiana, the offering is presented as being minutes from well-known regional attractions, including the French Lick Resort Casino, West Baden Springs Hotel, Big Splash Water Park, Paoli Peaks Ski Resort, and Patoka Lake. The remarks also reference recreational opportunities in the surrounding area, including golf, boating and fishing, and water and winter skiing.

For qualified operators and investors, the combination of an 80-room hotel configuration and completed exterior and interior refreshes may support a turn-key approach to hospitality operations. With meeting and business facilities on site, the property may also fit demand from group and corporate travel, subject to the buyer’s intended operating plan.

Key Highlights

  • Recently completed major property improvement program (PIP) and new roof/gutters.
  • 80 rooms with all new furniture and TVs.
  • Proximity to French Lick Resort Casino and West Baden Springs Hotel.

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Storage Facility Hair Salon Restaurant Nail Salon

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

Demographics for 47432, IN

4,429
Population
2,213
Households
2
Avg Household Size
45
Median Age
16%
College-Educated
85%
High-School Grad
77.8 sq mi
ZIP Area
57
Density / Sq Mi
$64,162
Median Household Income
$39,695
Median Earnings
$784
Median Rent
$101,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - 80-room Comfort Suites hotel with a recently completed major property improvement program and new roof and gutters.
Where is this hotel located?
The property is located at 9530 W State Rd 56 French Lick, IN.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: Recently completed major property improvement program (PIP) and new roof/gutters.; 80 rooms with all new furniture and TVs.; Proximity to French Lick Resort Casino and West Baden Springs Hotel.
More about this property
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