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9834 W 400 N
Michigan City, IN 46360
Microtel Inn & Suites - Michigan City · Hospitality Property For Sale
·
31,500 SF
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2010/2016 |
| Building Class | B | Parking Ratio | 1.06/1,000 SF |
| Lot Size | 1.56 AC | Corridor | Interior |
| Building Size | 31,500 SF | ||
| Zoning | C-2 - 411 - Commercial Hotels | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.56 AC |
| Building Size | 31,500 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2010/2016 |
| Parking Ratio | 1.06/1,000 SF |
| Corridor | Interior |
| Zoning | C-2 - 411 - Commercial Hotels |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 9834 W 400 N , MICHIGAN CITY, IN 46360
KW Commercial is pleased to offer, the opportunity to acquire fee-simple interest in the newly 2010 built Microtel Inn & Suites Michigan City, IN with 68 rooms including Spacious 40 Double ,18 King Suite and 10 Single rooms with indoor pool and other amenities like ±750 SF Meeting space and fitness center. The Hotel is conveniently located near the intersection of two major routes (Route 421 and Interstate-94) and only one hour from Downtown Chicago. Proximate to the Newly built Franciscan St Anthony Hospital (Across the street), Lighthouse Place Premium Outlets (4 miles), Washington Park Zoo (5 miles), Blue Chip Casino (5 miles), Lake Michigan Beach (6 miles), Indiana Dunes State Park (10 miles) A quickly growing medical market is developing within the Microtel Inn & Suites sub-market. $242 Million project of Franciscan St Anthony Hospital with 130 beds is scheduled to open in end of 2018, In addition to hospital already significant amount of health care related deployments are in pipeline like Multi-tenant Medical Office/Retail Building Center, Duneland Dialysis and Medical Office buildings. The Blue Chip Casino, located less than five miles from the Property, is a 65,000 square foot facility. This casino is open 24/7, features 1,800 slot machines, eight live poker room tables, and three restaurants. In addition to gaming, entertainment is provided from local bands and comedy. The Lighthouse Place Premium Outlets drives lodging demand in the area as visitors arrive to shop at the 455,000 SF (GLA) facilities with 120 stores The area is well-known for its Lake Michigan beaches and numerous scenic parks with ample recreational activities. Activities supported by the Michigan City beaches and parks include swimming, bird watching, fishing, hiking, boating, a variety of sports, and year-round festivals and events. Michigan City is situated approximately 50 miles east of Chicagoland 40 miles west of South Bend. Michigan City’s economy is highly diversified with a sound industrial base accompanied by strong retail, service and tourist sectors. Please note that this sale is discreet, please do not contact the hotel directly. For more information or to schedule a tour, contact the listing broker, Nick Haddad at 248 756 7226
Property Taxes
| Parcel Number | 46-05-16-102-006.000-046 | Improvements Assessment | $2,020,900 |
| Land Assessment | $273,000 | Total Assessment | $2,293,900 |
Property Taxes
