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    Two-Story Limited-Service Motel
    Updated: Feb 11
    Two-Story Limited-Service Motel

    732-734 E. 82nd Street, Merrillville, IN 46410

    Contact for pricing
    30,132 sqft
    Limited‑service motel with 104 guest rooms in a two‑story property
    Capital improvements completed 2018‑2024 include interior paint and guest room renovations (2018)
    Exterior updates include exterior brick enhancements and new stucco exterior
    New roof installed in 2023 and 2024 with a 20‑year warranty
    Guest rooms feature newer PTAC units, plus guest laundry equipment installed in 2018
    View details
    See what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 1 Active listings in Merrillville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 29 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    37-Room Exterior-Corridor Motel
    37-Room Exterior-Corridor Motel

    9112 S Cottage Grove Ave, Chicago, IL 60619

    $2,399,000
    11,848 sqft 0.41 AC lot

    Two-story hospitality property with main-level parking and B3-2 Commercial zoning.

    View details
    34-Room Motel with Expansion Land
    34-Room Motel with Expansion Land

    1824 E Main St, Danville, IL 61832

    $500,000
    20,077 sqft 0.92 AC lot

    Operating hospitality property with exterior-entry rooms, an apartment, vacant parcels, and a recently installed roof.

    View details
    34-Room Motel with Expansion Land
    34-Room Motel with Expansion Land

    1824 E Main Street, Danville, IL 61832

    $500,000
    0.92 AC lot

    Operating exterior-entry motel with an on-site apartment and additional parcels along Danville’s East Main Street corridor.

    View details
    37-Room Exterior-Corridor Motel
    37-Room Exterior-Corridor Motel

    9112 S Cottage Grove Avenue, Chicago, IL 60619

    $2,399,000
    0.42 AC lot

    Two-story lodging property with central air, main-level parking, and B3-2 Commercial zoning.

    View details

    Off-Market Properties in Merrillville, IN

    Consider similar Off-Market properties in Merrillville, 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.

    8275 Georgia St
    HOTEL/MOTEL

    8275 Georgia St, Merrillville, IN 46410-6226

    $780,000
    Estimated value
    51,629 sqft 2.69 AC lot
    View details
    8353 Georgia St
    HOTEL/MOTEL

    8353 Georgia St, Merrillville, IN 46410-6290

    $695,000
    Estimated value
    31,602 sqft 2.09 AC lot
    View details
    8339 Ohio
    HOTEL/MOTEL

    8339 Ohio, Merrillville, IN 46410-6586

    $4,300,000
    Estimated value
    39,732 sqft 1.90 AC lot
    View details
    8210 Louisiana St
    HOTEL/MOTEL

    8210 Louisiana St, Merrillville, IN 46410-6354

    $3,300,000
    Estimated value
    53,076 sqft 2.14 AC lot
    View details
    8018 Delaware Pl
    HOTEL/MOTEL

    8018 Delaware Pl, Merrillville, IN 46410-5605

    $775,000
    Estimated value
    54,350 sqft 0.97 AC lot
    View details
    8290 Georgia St
    HOTEL/MOTEL

    8290 Georgia St, Merrillville, IN 46410-6227

    $395,000
    Estimated value
    16,320 sqft 2.00 AC lot
    View details
    7850 Rhode Is St
    HOTEL/MOTEL

    7850 Rhode Is St, Merrillville, IN 46410-5600

    $2,460,000
    Estimated value
    65,678 sqft 6.10 AC lot
    View details
    1350 83rd Ave
    HOTEL/MOTEL

    1350 83rd Ave, Merrillville, IN 46410-6364

    $2,970,000
    Estimated value
    33,676 sqft 2.51 AC lot
    View details
    8300 Louisiana St
    HOTEL/MOTEL

    8300 Louisiana St, Merrillville, IN 46410-6312

    $520,000
    Estimated value
    22,250 sqft 2.33 AC lot
    View details
    1344 83rd Ave
    HOTEL/MOTEL

    1344 83rd Ave, Merrillville, IN 46410-6364

    $4,950,000
    Estimated value
    43,644 sqft 2.44 AC lot
    View details
    8311 Ohio
    HOTEL/MOTEL

    8311 Ohio, Merrillville, IN 46410-6586

    $695,000
    Estimated value
    38,004 sqft 1.75 AC lot
    View details
    3944 77th Pl
    HOTEL/MOTEL

    3944 77th Pl, Merrillville, IN 46410-5070

    $245,000
    Estimated value
    2,334 sqft 15.31 AC lot
    View details
    8290 Louisiana St
    HOTEL/MOTEL

    8290 Louisiana St, Merrillville, IN 46410-6354

    $670,000
    Estimated value
    51,076 sqft 2.68 AC lot
    View details
    8375 Georgia St
    HOTEL/MOTEL

    8375 Georgia St, Merrillville, IN 46410-6290

    $685,000
    Estimated value
    30,906 sqft 1.87 AC lot
    View details
    734 82nd Ave
    HOTEL/MOTEL

    734 82nd Ave, Merrillville, IN 46410

    $310,000
    Estimated value
    14,758 sqft 1.01 AC lot
    View details
    750 82nd Ave
    HOTEL/MOTEL

    750 82nd Ave, Merrillville, IN 46410

    $305,000
    Estimated value
    14,848 sqft 1.00 AC lot
    View details
    8420 Indiana St
    HOTEL/MOTEL

    8420 Indiana St, Merrillville, IN 46410-6357

    $785,000
    Estimated value
    57,082 sqft 1.87 AC lot
    View details
    8415 Louisiana St
    HOTEL/MOTEL

    8415 Louisiana St, Merrillville, IN 46410-6346

    $870,000
    Estimated value
    65,340 sqft 3.76 AC lot
    View details
    7775 Mississippi St
    HOTEL/MOTEL

    7775 Mississippi St, Merrillville, IN 46410-5710

    $1,110,000
    Estimated value
    77,383 sqft 2.92 AC lot
    View details
    6701 Taft St
    HOTEL/MOTEL

    6701 Taft St, Merrillville, IN 46410-3732

    $615,000
    Estimated value
    30,524 sqft 122.37 AC lot
    View details
    6201 Opportunity Ln
    HOTEL/MOTEL

    6201 Opportunity Ln, Merrillville, IN 46410-2776

    $535,000
    Estimated value
    44,418 sqft 3.63 AC lot
    View details
    8460 Mississippi St
    HOTEL/MOTEL

    8460 Mississippi St, Merrillville, IN 46410-6318

    $815,000
    Estimated value
    60,444 sqft 2.20 AC lot
    View details
    8293 Louisiana St
    HOTEL/MOTEL

    8293 Louisiana St, Merrillville, IN 46410-6345

    $590,000
    Estimated value
    30,816 sqft 0.95 AC lot
    View details

    Merrillville, IN Motels Market Trends and Statistics

    Explore 30 motels for sale in Merrillville, IN on our real estate platform. These investment opportunities span a total of 30,132 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

    Population 39K
    Population Growth (5Y) +2.0%
    Median Household Income $61,735
    College Educated 16.4%

    Taxes & Financing

    Tax Rate (average for all types) 2.32%
    Property Tax per SF $33.26 per SF
    Tax Rate vs County Average 0.75 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Office

    Property Size Breakdown

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

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