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1950 S Wabash St
Wabash, IN 46992

Wabash Knights Inn · Hospitality Property For Sale · 42,424 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.54 AC
Building Size 42,424 SF
Number of Floors 2
Year Built/Renovated 1967/2011
Parking Ratio 4.76/1,000 SF
Corridor Exterior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • Restaurant
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wi-Fi

About 1950 S Wabash St , Wabash, IN 46992

Note: Contact via Loopnet (Email) only, it will ensure timely response. Unique Opportunity To Own a Thriving Stable Hotel Business STABLE INCOME: Wabash Knights Inn has over 80 rooms with very stable revenue over the last 10 years of ownership. AMAZING Management Condo: 4 years ago renovations were done to include ultra modern condo/apartment for a family. In addition an additional apartment was created for staff. PROPERTY FEATURES: Include a large outdoor pool, flat screen tv's, new metal roof. The bar/restaurant has been leased out for the next 5 years, and is expected to generate 43k/year the next 3 years and 48k/year the following 2 years. MANAGEMENT: Currently management is working 4 days and 1 shift only. Opportunity to reduce costs. FINANCING: Owner financing available. Competition: There are no competitors in the same price bracket located in the City. Location: The Wabash Knights Inn is located on Highway 15 in the City of Wabash Indiana. County: Wabash is the county seat for the county.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 85-14-02-100-012.000-008
  • 85-14-58-304-002.000-008
Land Assessment
£247,444
Improvements Assessment
£707,398
Total Assessment
£954,843

zoning

Zoning Code WCGB (Wabash County General Business)
WCGB (Wabash County General Business)
  • Listing ID: 6283963

  • Date on Market: 15/03/2017

  • Last Updated:

  • Address: 1950 S Wabash St, Wabash, IN 46992

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