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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 | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1967/2011 |
| Building Class | C | Parking Ratio | 4.76/1,000 SF |
| Lot Size | 3.54 AC | Corridor | Exterior |
| Building Size | 42,424 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.54 AC |
| Building Size | 42,424 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2011 |
| Parking Ratio | 4.76/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
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
| Parcel Numbers | Improvements Assessment | $903,100 | |
| Land Assessment | $315,900 | Total Assessment | $1,219,000 |
PROPERTY TAXES
zoning
| Zoning Code | WCGB (Wabash County General Business) |
| WCGB (Wabash County General Business) |
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