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7834 Progress Way Newberry, IN $ 6,700,000
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$ 6,700,000 Get more info
7834 Progress Way
$ 6,700,000
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Share Save

7834 Progress Way

Newberry, IN, 47449
$ 6,700,000
Bedrooms-- Baths74.0 Sq 42,396

Monthly Estimate*

$ 41,799

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View a Virtual Tour

Commercial Property for sale in Newberry, IN

for $6,700,000 with 74 full baths. This 42,396 square foot building was built in 2019 on a lot size of 6.1.

This modern 72 Room Hotel, 29 Main Stay Suites & 43 Sleep Inn, opened new in late 2019, offers a sleek and contemporary design with state of the art amenities and a focus on guest comfort and operation efficiency. Ideally situated near interstate 69 located near the expanding Crane Naval Base and Crane West Gate, the hotel benefits from strategic location that drives consistent occupancy. No other modern mid market Hotels are located within 30 minutes. This location serves Crane Naval Base and the communities of Bloomfield, Loogootee, and Linton. The current ownership says this property also gets overflow from events at Indiana University in Bloomington. Must see to appreciate. Shown by appointment only. Asking $6,700,000!

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Commercial Active

Price

$ 6,700,000

Full Bath

74

Property Type

Commercial

Taxes

$ 22,849

Style

Hotel & Motel

Lot Size

6.1

Year Built

2019

Town/City

Newberry

County/Region

Greene

MLS | Web ID

202507411
Features
General
Heating Electric
Cooling Central Air Multiple Cooling Units
Ceiling Height 9
Roof Build-Up Rubber
Parking Yes Lot Paved Private Public
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 74
Year Built 2019
New Construction No
Subdivision None
Stories Count 4
Township Taylor
Class COMMERCIAL
Present Use Bus. Included w/Property Investment Property
Type Hotel & Motel
Age 6
Special Features Drapes Office Space Reception Area Ventilating/Exhaust Fans Other
REO No
Status Detail 0
Area Greene County
Location City Commercial Near College Campus
City Newberry
Legal Description PROGRESS POINTE SUBDIVISION PHASE 2 LT # 10
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202507411
Agent First Name Brooks
Agent Last Name Galloway
DOM 274
Tax Year 2024
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Exterior
Road Access State
Exterior Ext. Insulated Stone Stucco Vinyl
Driveway Asphalt
Lot Size Area 265716
Lot Dimensions 6.10 acres
Parking Type Asphalt
Fence None
Waterfront Y/N No
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Interior
Flooring Carpet Ceramic Tile Vinyl
Basement/Foundation Slab
Walls Drywall
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* Excluded Features
List By
Brooks Galloway

Listing Agent

Brooks Galloway Real Estate

Broker

brooksgalloway@hotmail.com

Email

Affordability Calculator

$43,703
Per Month
96%
4%
0%
Monthly Principal & Interest
$41,799
Monthly Property Taxes
$1,904
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/9/2025$6,700,000 -1.47% Price Down
5/21/2025$6,800,000 -1.45% Price Down
3/9/2025$6,900,000 Listed Price

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7834 Progress Way, Newberry, IN, 47449 is a Commercial Property for sale at $6,700,000 with 42,396 sqft and a lot size of 6.1. 7834 Progress Way has 74.0 baths and was built in 2019. The property's zip code is 47449 which is in Newberry, IN

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