911 State Road 46 Nashville, IN 47448
- Hotels
- 15,183 SF
- 3.25 lot acres
Current Use by Public Records
- Hotels
Property Details for 911 State Road 46
- Year built
- 1988
- Construction
- WOOD
- Lot size
- 3.25 lot acres
- Property size
- 15,183 SF
- Zone code
- ZO01
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 07-06-25-300-152.000-004
- APU
- 70625300152000004
Description
This exceptional turnkey investment opportunity presents the Yellowwood boutique hotel and romantic retreat, ideally situated in Nashville, Indiana. Boasting a prime location near both downtown Nashville and Brown County State Park, this established business offers a consistent revenue stream. The meticulously maintained property has undergone significant renovations, ensuring a smooth transition for the new owner. The sale includes the main hotel building, plus two additional parcels across State Road 46. These parcels add significant value, encompassing a rental cabin and providing ample room for future expansion, all within a General Business zoning district. The hotel's proximity to Bloomington and Indiana University makes it ideally positioned to capitalize on events and sporting activities, generating additional revenue streams. This unique opportunity allows for immediate income generation and significant potential for growth. The property sits on a 5.11-acre lot, providing ample space and potential for further development. This is a rare chance to acquire a thriving business with a proven track record in a desirable location. The property's combination of established revenue, recent renovations, and expansion potential makes it an attractive investment for discerning buyers seeking a profitable and well-maintained commercial property. The existing rental cabin on the additional parcels provides immediate supplemental income. Don't miss this chance to own a successful and expanding business in a picturesque setting.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Brown
- State
- Indiana
- Longitude
- -86.2572
- Latitude
- 39.1857
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
