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    Evansville, IN Motels for Sale

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    Renovated Motel Near Regional Airport
    Updated: Nov 21, 2025
    Renovated Motel Near Regional Airport

    4201 N Highway 41, Evansville, IN 47711

    $1,500,000
    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.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Motel and Retail Property
    Motel and Retail Property

    1115 S Willow Ave, Cookeville, TN 38501

    $2,690,000
    38,152 sqft 2.66 AC lot

    2.66-acre hospitality site with 80 motel units and a retail storefront at a major I-40 interchange.

    View details
    Versatile Buchanan Commercial Property For Sale
    Versatile Buchanan Commercial Property For Sale

    15575 HWY 79N, Buchanan, TN 38222

    $1,250,000
    12,000 sqft 2.00 AC lot

    Commercial property with multiple revenue streams near Kentucky Lake.

    View details
    Prime Commercial Site on Willow
    Prime Commercial Site on Willow

    1115 S Willow Ave, Cookeville, TN 38501

    $2,690,000
    38,152 sqft 2.66 AC lot

    2.66-acre commercial site with high visibility and development potential.

    View details
    Mixed-Use Property Near Paris Landing
    Mixed-Use Property Near Paris Landing

    15555 Highway 79 N, Buchanan, TN 38222

    $1,500,000
    12,038 sqft 2.00 AC lot

    Motel, gas station, restaurant near Kentucky Lake.

    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.

    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    3711 Olivet Church Road, Paducah, KY 42001

    $799,000

    6.81 acres with 155 feet of road frontage plus on-site buildings, offering flexibility for multiple development concepts.

    View details
    Prime Commercial Land I-55 Access
    Prime Commercial Land I-55 Access

    6000 S 6th Street Frontage Road, Springfield, IL 62702

    $550,000
    1.63 AC lot

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

    View details
    Commercial Land Corner Lot
    Commercial Land Corner Lot

    6842 Highway O, Catawissa, MO 63015

    $380,000
    3.64 AC lot

    Highly visible commercial corner site with utilities to the property and a current permit for a 17,000 SF building.

    View details
    High Visibility Land For Sale
    High Visibility Land For Sale

    6842 Hwy O, Catawissa, MO 63015

    $380,000
    158,558 sqft 3.60 AC lot

    3.6 acres suitable for multiple commercial uses.

    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

    5400 Weston Rd, Evansville, IN 47712-3700

    $1,015,000
    Estimated value
    61,156 sqft 3.40 AC lot
    View details
    301 Eagle Crst Dr
    HOTEL/MOTEL

    301 Eagle Crst Dr, Evansville, IN 47715-8163

    $645,000
    Estimated value
    39,072 sqft 1.76 AC lot
    View details
    730 Citadel Cir
    HOTEL/MOTEL

    730 Citadel Cir, Evansville, IN 47715

    Value Estimation by Request
    3,405 sqft 24.60 AC lot
    View details
    8331 Walnut St
    HOTEL/MOTEL

    8331 Walnut St, Evansville, IN 47715-8167

    $690,000
    Estimated value
    52,261 sqft 3.01 AC lot
    View details
    4600 Morgan Ave
    HOTEL/MOTEL

    4600 Morgan Ave, Evansville, IN 47715-2258

    Value Estimation by Request
    24,213 sqft 1.23 AC lot
    View details
    1715 Theater Dr
    HOTEL/MOTEL

    1715 Theater Dr, Evansville, IN 47715-2029

    $7,000,000
    Estimated value
    2,275 sqft 4.16 AC lot
    View details
    3700 Justus Ct
    HOTEL/MOTEL

    3700 Justus Ct, Evansville, IN 47714-5319

    $1,675,000
    Estimated value
    2,430 sqft 10.05 AC lot
    View details
    7901 Walnut St
    HOTEL/MOTEL

    7901 Walnut St, Evansville, IN 47715-3814

    $745,000
    Estimated value
    66,751 sqft 2.33 AC lot
    View details
    5301 Monroe Ave
    HOTEL/MOTEL

    5301 Monroe Ave, Evansville, IN 47715-4936

    $530,000
    Estimated value
    10,587 sqft 11.69 AC lot
    View details
    8343 Stahl Rd
    HOTEL/MOTEL

    8343 Stahl Rd, Evansville, IN 47715

    $630,000
    Estimated value
    45,272 sqft 5.48 AC lot
    View details
    1165 Shiloh Sq
    HOTEL/MOTEL

    1165 Shiloh Sq, Evansville, IN 47714-0858

    Value Estimation by Request
    3,957 sqft 5.64 AC lot
    View details
    1900 Pueblo Pass
    HOTEL/MOTEL

    1900 Pueblo Pass, Evansville, IN 47715-7022

    Value Estimation by Request
    3,757 sqft 18.83 AC lot
    View details
    7900 Cir Frnt Ct
    HOTEL/MOTEL

    7900 Cir Frnt Ct, Evansville, IN 47715-4040

    Value Estimation by Request
    3,051 sqft 14.65 AC lot
    View details
    4135 Hwy 41st N
    HOTEL/MOTEL

    4135 Hwy 41st N, Evansville, IN 47711

    Value Estimation by Request
    8.35 AC lot
    View details
    5538 Indiana St
    HOTEL/MOTEL

    5538 Indiana St, Evansville, IN 47715-2853

    $640,000
    Estimated value
    43,808 sqft 3.12 AC lot
    View details
    300 Red Bank Rd
    HOTEL/MOTEL

    300 Red Bank Rd, Evansville, IN 47712-3748

    $8,480,000
    Estimated value
    2,784 sqft 14.47 AC lot
    View details
    315 Main St
    HOTEL/MOTEL

    315 Main St, Evansville, IN 47711-5415

    Value Estimation by Request
    4,398 sqft 0.23 AC lot
    View details
    20 Walnut St
    HOTEL/MOTEL

    20 Walnut St, Evansville, IN 47708-1428

    $790,000
    Estimated value
    49,533 sqft 0.29 AC lot
    View details
    3803 Hwy 41st N
    HOTEL/MOTEL

    3803 Hwy 41st N, Evansville, IN 47711

    $835,000
    Estimated value
    71,362 sqft 3.98 AC lot
    View details
    7432 Brycen Ln
    HOTEL/MOTEL

    7432 Brycen Ln, Evansville, IN 47725-7637

    Value Estimation by Request
    4,001 sqft 0.52 AC lot
    View details
    19600 Elpers Rd
    HOTEL/MOTEL

    19600 Elpers Rd, Evansville, IN 47725-8591

    $730,000
    Estimated value
    49,578 sqft 1.92 AC lot
    View details
    2021 Fares Ave
    HOTEL/MOTEL

    2021 Fares Ave, Evansville, IN 47711-3947

    Value Estimation by Request
    7,075 sqft 0.43 AC lot
    View details
    2021 Old 41st Hwy
    HOTEL/MOTEL

    2021 Old 41st Hwy, Evansville, IN 47711

    Value Estimation by Request
    6,168 sqft 0.47 AC lot
    View details

    Evansville, IN Motels Market Trends and Statistics

    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

    Commercial property segments ranked by active listings on the market

    Hotels 1
    Motels 1

    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 average 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 SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vanderburgh County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Vanderburgh County

    Residential Income

    Property Size Breakdown

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

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