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Wabash, IN Motels for Sale

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Closed Knights Inn Hotel Property
Updated: Apr 11
Closed Knights Inn Hotel Property

1950 S Wabash St, Wabash, IN 46992

Contact for pricing
3.50 AC lot
89‑unit hotel on 3.5+ acres between Fort Wayne and Indianapolis in Wabash, IN
Outdoor pool and deck, plus banquet hall and business center
Guestrooms include flat screen TVs, microwaves, and refrigerators
On‑site 3‑bedroom, 3.5‑bath manager's quarters
Restaurant and bar on site in turn‑key condition (currently closed), with option to open or lease
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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 Active listings in Wabash, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

23-Unit Motel with Manager's House
23-Unit Motel with Manager's House

14884 W Michigan Avenue, Marshall, MI 49068

$1,600,000
6,643 sqft 3.82 AC lot

The property includes a four-bedroom manager’s residence and substantial surrounding land.

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16-Room Motel with Dual Entrances
16-Room Motel with Dual Entrances

5634 W Jefferson Boulevard, Fort Wayne, IN 46804

$1,188,000
0.57 AC lot

16-room motel with entrances from the front and back lot, featuring central air and wall units plus carpeted interiors.

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For-Sale Motel Property
For-Sale Motel Property

14884 W Michigan Avenue, Marshall, MI 49068

$1,600,000

For-sale motel property in Calhoun County with access from the Marshall area via Michigan Avenue.

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Motel/Apartment Conversion Opportunity
Motel/Apartment Conversion Opportunity

5634 W Jefferson Boulevard, Fort Wayne, IN 46804

Contact for pricing
24,829 sqft

Convertible property with multiple bathrooms and entrances.

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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 Stream
Commercial Land with Stream

15527 State Route 235, Lakeview, OH 43331

$109,900
1.76 AC lot

B-2-zoned parcel on State Route 235 with mature trees and a rear stream.

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High-Visibility Highway Commercial Land
High-Visibility Highway Commercial Land

Blue Star Highway lot: 2, Fennville, MI 49408

$300,000
2.75 AC lot

Cleared highway exit land in a C-3 district for a range of commercial and service uses.

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Prime Corner Commercial Land Available
Prime Corner Commercial Land Available

7125 N LILLEY Road, Canton Twp, MI 48187

$550,000
0.60 AC lot

0.60-acre vacant lot on a hard corner in Canton.

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Commercially Zoned Corner Land
Commercially Zoned Corner Land

7900,7990,7996 N Alger Road, Alma, MI 48801

$2,100,000
8.00 AC lot

Large commercial parcel with utilities on site and strong expressway visibility for restaurant, lodging, and complementary uses.

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Off-Market Properties in Wabash, IN

Consider similar Off-Market properties in Wabash, 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.

1950 Wabash St
HOTEL/MOTEL

1950 Wabash St, Wabash, IN 46992-4121

Value Estimation by Request
8,800 sqft 3.54 AC lot
View details
1289 Meadowbrook Ln
HOTEL/MOTEL

1289 Meadowbrook Ln, Wabash, IN 46992-1509

Value Estimation by Request
2,366 sqft 10.65 AC lot
View details
111 Market St
HOTEL/MOTEL

111 Market St, Wabash, IN 46992-3053

$955,000
Estimated value
43,380 sqft 0.42 AC lot
View details
1610 Cass St
HOTEL/MOTEL

1610 Cass St, Wabash, IN 46992-9404

$1,095,000
Estimated value
53,808 sqft 5.00 AC lot
View details
1311 Cass St
HOTEL/MOTEL

1311 Cass St, Wabash, IN 46992-1029

$780,000
Estimated value
36,078 sqft 2.35 AC lot
View details
519 Bryan Ave
HOTEL/MOTEL

519 Bryan Ave, Wabash, IN 46992-1019

Value Estimation by Request
1,920 sqft 2.55 AC lot
View details

Wabash, IN Motels Market Trends and Statistics

Explore 7 motels for sale in Wabash, IN on our real estate platform.

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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 16K
Population Growth (5Y) +0.8%
Median Household Income $65,500
College Educated 29.8%

Taxes & Financing

Tax Rate (average for all types) 2.61%
Property Tax per SF $42.71 per SF
Tax Rate vs County Average 0.16 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

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

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