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1855 Mississippi St
Hobart, IN 46342
Key West Merrillville · Hospitality Property For Sale
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42 Rooms

Property Facts
| Property Type | Hospitality | No. Rooms | 42 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1993 |
| Lot Size | 2.00 AC | Corridor | Exterior |
| Building Size | 15,060 SF | ||
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 15,060 SF |
| No. Rooms | 42 |
| No. Stories | 2 |
| Year Built | 1993 |
| Corridor | Exterior |
| Zoning | C |
About 1855 MISSISSIPPI ST , HOBART, IN 46342
Property Overview: The Key West Inn Merrillville is a 42-room, two-story hotel built in 1993. Equipped with numerous common area and guest room amenities, this independent hotel offers spacious guest rooms that come furnished with a microwave, refrigerator, and a television. Some common area amenities the hotel has to offer consist of parking for RV’s, buses and trucks. Location Overview: Merrillville, Indiana is located in the northwestern region of the state, 39 miles from Chicago, Illinois and eight miles from Gary, Indiana. The Key West Merrillville is well positioned with direct access to Interstate 65 and in the vicinity of multiple room demand generators. The town is a hub for retail trade, and on any given weekday the population grows to 100,000 due to patrons and transient employees. The corporate centre for Centre Bank (4.5 miles), rated Best Places to Work in Indiana by the Indiana Chamber of Commerce, offers Indiana regional banking with 59 locations, over 800 associates and has over $3.8 billion in assets. Also, the Indiana University Northwest (4.4 miles) is projected to enroll 4,500 students by Fall 2020. It offers several scholastic activities and events which generate room demand to the region. Furthermore, leisure attractions include the Star Plaza Theatre (4.0 miles), Deep River Water Park (9.3 miles) and Westfield Southlake Mall (3.4 miles). Broker of Record Josh Caruana License: IN PB 20803582
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Property Taxes
| Parcel Number | 45-12-11-101-008.000-046 | Improvements Assessment | $499,800 |
| Land Assessment | $388,500 | Total Assessment | $888,300 |
Property Taxes
Listing ID: 13977116
Date on Market: 10/5/2018
Last Updated:
Address: 1855 Mississippi St, Hobart, IN 46342
The Hospitality Property at 1855 Mississippi St, Hobart, IN 46342 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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