Evansville, IN
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    Evansville, IN Motels for Sale

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    Henderson, KY Newburgh, IN Chandler, IN
    Renovated Motel Near Regional Airport
    $1,500,000

    Renovated Motel Near Regional Airport

    4201 N Highway 41, Evansville, IN 47711

    102-unit motel with recent renovations and rebranding potential.

    • High unit count (102 units) priced at $18,627/unit.
    • Strategic location near the regional airport and a major highway in a redeveloping area.
    • Value‑add opportunity through rebranding with a national hotel flag due to recent renovations aligned with major economy hotel franchise standards.
    • Additional income potential from a 60'x20' self‑storage building on‑site.
    • Recent renovations including exterior paint, new landscaping, and updated rooms with new paint, flooring, and finishes.
    Updated: Nov 21, 2025
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Evansville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Cave City Multifamily Investment Property
    $390,000
    0.50 Acres

    Cave City Multifamily Investment Property

    Ten-unit apartment/motel with income potential on N Dixie Hwy.

    313 N Dixie Highway, Cave City, KY 42127
    View details
    Cave City Motel Business Opportunity
    $389,500
    1.24 Acres

    Cave City Motel Business Opportunity

    25-room motel near Cave City tourist attractions for sale.

    1224 N Dixie Highway, Cave City, KY 42127
    View details
    Versatile Buchanan Commercial Property For Sale
    $1,250,000
    12,000 SF

    Versatile Buchanan Commercial Property For Sale

    Commercial property with multiple revenue streams near Kentucky Lake.

    15575 HWY 79N, Buchanan, TN 38222
    View details
    Mixed-Use Property Near Paris Landing
    $1,500,000
    12,038 SF

    Mixed-Use Property Near Paris Landing

    Motel, gas station, restaurant near Kentucky Lake.

    15555 Highway 79 N, Buchanan, TN 38222
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Near I-24
    $799,000

    Prime Commercial Land Near I-24

    6.81 acres of commercial property near I-24, Paducah, KY.

    3711 Olivet Church Road, Paducah, KY 42001
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    Prime Commercial Land I-55 Access
    $550,000
    1.63 Acres

    Prime Commercial Land I-55 Access

    1.63 acre commercial land near I-55 in Springfield, IL.

    6000 S 6th Street Frontage Road, Springfield, IL 62702
    View details
    Development Land Near I-55
    $550,000

    Development Land Near I-55

    Commercial land available near I-55, suitable for development.

    6000 South 6th Street Frontage Road East, Springfield, IL 62712
    View details
    Prime Commercial Land in Catawissa
    $380,000
    3.64 Acres

    Prime Commercial Land in Catawissa

    Highly visible 3.6-acre commercial land with utilities in place.

    6842 Highway O, Catawissa, MO 63015
    View details

    Off-Market Properties in Evansville, IN

    Consider similar Off-Market properties in Evansville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5400 Weston Rd
    HOTEL/MOTEL
    61,156 SF Lot: 3.40 Acres
    Estimated value
    $1,015,000

    5400 Weston Rd, Evansville, IN 47712-3700

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    301 Eagle Crst Dr
    HOTEL/MOTEL
    39,072 SF Lot: 1.76 Acres
    Estimated value
    $645,000

    301 Eagle Crst Dr, Evansville, IN 47715-8163

    View details
    730 Citadel Cir
    HOTEL/MOTEL
    3,405 SF Lot: 24.60 Acres
    Value Estimation by Request

    730 Citadel Cir, Evansville, IN 47715

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    8331 Walnut St
    HOTEL/MOTEL
    52,261 SF Lot: 3.01 Acres
    Estimated value
    $690,000

    8331 Walnut St, Evansville, IN 47715-8167

    View details
    4600 Morgan Ave
    HOTEL/MOTEL
    24,213 SF Lot: 1.23 Acres
    Value Estimation by Request

    4600 Morgan Ave, Evansville, IN 47715-2258

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    1715 Theater Dr
    HOTEL/MOTEL
    2,275 SF Lot: 4.16 Acres
    Estimated value
    $7,000,000

    1715 Theater Dr, Evansville, IN 47715-2029

    View details
    3700 Justus Ct
    HOTEL/MOTEL
    2,430 SF Lot: 10.05 Acres
    Estimated value
    $1,675,000

    3700 Justus Ct, Evansville, IN 47714-5319

    View details
    7901 Walnut St
    HOTEL/MOTEL
    66,751 SF Lot: 2.33 Acres
    Estimated value
    $745,000

    7901 Walnut St, Evansville, IN 47715-3814

    View details
    5301 Monroe Ave
    HOTEL/MOTEL
    10,587 SF Lot: 11.69 Acres
    Estimated value
    $530,000

    5301 Monroe Ave, Evansville, IN 47715-4936

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    8343 Stahl Rd
    HOTEL/MOTEL
    45,272 SF Lot: 5.48 Acres
    Estimated value
    $630,000

    8343 Stahl Rd, Evansville, IN 47715

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    1165 Shiloh Sq
    HOTEL/MOTEL
    3,957 SF Lot: 5.64 Acres
    Value Estimation by Request

    1165 Shiloh Sq, Evansville, IN 47714-0858

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    1900 Pueblo Pass
    HOTEL/MOTEL
    3,757 SF Lot: 18.83 Acres
    Value Estimation by Request

    1900 Pueblo Pass, Evansville, IN 47715-7022

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    7900 Cir Frnt Ct
    HOTEL/MOTEL
    3,051 SF Lot: 14.65 Acres
    Value Estimation by Request

    7900 Cir Frnt Ct, Evansville, IN 47715-4040

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    4135 Hwy 41st N
    HOTEL/MOTEL
    Lot: 8.35 Acres
    Value Estimation by Request

    4135 Hwy 41st N, Evansville, IN 47711

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    5538 Indiana St
    HOTEL/MOTEL
    43,808 SF Lot: 3.12 Acres
    Estimated value
    $640,000

    5538 Indiana St, Evansville, IN 47715-2853

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    300 Red Bank Rd
    HOTEL/MOTEL
    2,784 SF Lot: 14.47 Acres
    Estimated value
    $8,480,000

    300 Red Bank Rd, Evansville, IN 47712-3748

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    315 Main St
    HOTEL/MOTEL
    4,398 SF Lot: 0.23 Acres
    Value Estimation by Request

    315 Main St, Evansville, IN 47711-5415

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    20 Walnut St
    HOTEL/MOTEL
    49,533 SF Lot: 0.29 Acres
    Estimated value
    $790,000

    20 Walnut St, Evansville, IN 47708-1428

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    3803 Hwy 41st N
    HOTEL/MOTEL
    71,362 SF Lot: 3.98 Acres
    Estimated value
    $835,000

    3803 Hwy 41st N, Evansville, IN 47711

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    7432 Brycen Ln
    HOTEL/MOTEL
    4,001 SF Lot: 0.52 Acres
    Value Estimation by Request

    7432 Brycen Ln, Evansville, IN 47725-7637

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    19600 Elpers Rd
    HOTEL/MOTEL
    49,578 SF Lot: 1.92 Acres
    Estimated value
    $730,000

    19600 Elpers Rd, Evansville, IN 47725-8591

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    2021 Fares Ave
    HOTEL/MOTEL
    7,075 SF Lot: 0.43 Acres
    Value Estimation by Request

    2021 Fares Ave, Evansville, IN 47711-3947

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    2021 Old 41st Hwy
    HOTEL/MOTEL
    6,168 SF Lot: 0.47 Acres
    Value Estimation by Request

    2021 Old 41st Hwy, Evansville, IN 47711

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    Evansville, IN Motels Investment Opportunities Market Analysis

    Explore 72 motels for sale in Evansville, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for motels in Evansville, IN start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Hotels 2
    Motels 1

    Property Size Breakdown

    The majority of commercial real estate listings in Evansville fall within the 100,000+ square foot range.

    Demographics Overview

    Population 183K
    Population Growth (5Y) +10.0%
    Median Household Income $64,157
    College Educated 10.1%

    High-Yield Neighborhoods for Investment

    Identify Evansville submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    47711 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.78%
    Property Tax per SF $43.26 per sq ft
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

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