Independent Motel
Hospitality | 98 Keys
Marketing description
Located next to Honey Creek Square Mall. Adjacent to Interstate 70 and U.S. 41 (third Street).
Former Motel 98 Rooms. The hotel is closed per the request of the City of Terre Haute. Redevelopment will require bring the property up to current Building Code. The location is well suited for an Extended Stay Hotel, Apartments, Self Storage, Retail or a variety of Commercial Uses.
The Site is approximately 3 Acres is Zoned C-3. Dimensions approximately 295X380. One Commercial Parcel.
The property is prominently located off Interstate 70 (I-70) and U.S. Highway 41 more or less three miles from Indiana State University and down town Terre Haute. The site is adjacent to the Hampton Inn and is located in the immediate area of the Terre Haute City Center Mall (one of the main shopping, dinning, movie, pickleball and entertainment area).
The Site is serviced by Public Utilities.
Investment highlights
Former Motel Property last Duel Brand Franchise Econolodge and Suburban Lodge
High Traffic Counter Intersection
Closed as of Mid Year 2025
Two Story, Exterior Corridors with PTAC in Guest Rooms.
Three (3) Acres (approximately)
C-3 Zoning
Priced to Sell
Motivated Owner
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
