Renovated All-Brick
For Sale
Contact for pricing
9797 N Michigan Rd, Carmel, IN 46032
Hospitality property updated throughout, with access to major Indianapolis-area interstate routes.
Property SizeContact for details
Days on Market145
Property Features for 9797 N Michigan Rd
General Information
Standard status
Active
Property subtype
Hospitality
Additional Details
Highway Access
Yes
Building Details
Year Built
1998
Year Renovated
2013
Construction
brick
Listing Agency:
Marcus & Millichap - Indianapolis
Listed By:
Lee Heppenheimer · License #RB14029352
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 2:32AM
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.
Holiday Inn Express and Suites Indianapolis North-Carmel is a hotel property at 9797 N Michigan Rd in Carmel, Indiana. The building was constructed in 1998 with all-brick exterior construction and underwent a full interior and exterior renovation in 2013.
The property is positioned near I-65, I-69, and I-70, providing access across the Indianapolis-area road network. Indianapolis International Airport is approximately 20 minutes away. The hotel serves the Carmel and Zionsville markets, and the current Holiday Inn Express license term expires in May 2023.
The property is positioned near I-65, I-69, and I-70, providing access across the Indianapolis-area road network. Indianapolis International Airport is approximately 20 minutes away. The hotel serves the Carmel and Zionsville markets, and the current Holiday Inn Express license term expires in May 2023.
Key Highlights
- Hotel built in 1998 with an all‑brick exterior
- Interior and exterior renovation completed in 2013
- Near I‑65, I‑69, and I‑70
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
821
Businesses Nearby
Explore this area
Business Placement
Demographics for 46032, IN
50,477
Population
22,118
Households
2.3
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
1,995
Density / Sq Mi
$123,438
Median Household Income
$70,558
Median Earnings
$1,522
Median Rent
$464,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Hospitality property updated throughout, with access to major Indianapolis-area interstate routes.
Where is this hotel located?
The property is located at 9797 N Michigan Rd Carmel, IN.
What are key features of this property?
This property features: Hotel built in 1998 with an all‑brick exterior; Interior and exterior renovation completed in 2013; Near I‑65, I‑69, and I‑70
