4151 W US Highway 40 West Terre Haute, IN $ 59,900
4151 W US Highway 40
$ 59,900
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4151 W US Highway 40

West Terre Haute, IN, 47885
$ 59,900
Baths0.0 Sq 2,560

Monthly Estimate*

$ 418

4151 W US Highway 40, West Terre Haute, IN 47885 - Image 1
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4151 W US Highway 40, West Terre Haute, IN 47885 - Image 8
Studio

Commercial Property for sale in West Terre Haute, IN

for $59,900. This 2,560 square foot building was built in 1947 on a lot size of 1.41.

Now is your chance to own your own Motel! Located on Historic US Hwy 40, this motel was operated as the Apache Inn for years. The Building has recently had fire damage in 2 units. 2 additional units were damaged during fire operations. 4 units were not affected by the fire. The building is located on 1.41 acres and has municipal water service and currently uses a septic system but municipal sewer service is nearby. There is a small storage shed that has been used to store lawn equipment. Direct access to US Hwy 40 and approximately 2 miles to I-70 ramps.

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Commercial Active

Price

$ 59,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,294

Style

Hotel/Motel

Lot Size

1.41

Year Built

1947

Town/City

West Terre Haute

County/Region

Vigo

MLS | Web ID

21977103

Features
General
Utilities Electricity Connected Gas Nearby Septic System Water Connected
Possession Closing
Zoning R-S
Year Built 1947
Township Sugar Creek
Levels One
Property SubType Hotel/Motel
Tax Year 2023
Current Use See Remarks
County Vigo
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City West Terre Haute
Buyer Agent Compensation 3
High School District Vigo County School Corp
Total Units 10
MLS Area 8404 - Vigo - Sugar Creek
Lot Size Square Feet 61420
Street Name US Highway 40
Current Financing Cash Only
Additional Parcels Y/N N
Days on Market 2
Standard Status Active
Tax Lot na
Buyer Agent Compensation Type %
Legal Description To be inserted in the deed.
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Interior
Basement (Y/N) N
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Exterior
Building Area Total 2560
Lot Size Acres 1.41
Road Surface Type Asphalt
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* Excluded Features
List By
Coldwell Banker Real Estate Group

Broker

cgoodwin@coldwellhomes.com

Email

Affordability Calculator

$526
Per Month
80%
20%
0%
Monthly Principal & Interest
$418
Monthly Property Taxes
$108
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4045157 Elementary School
4045183 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$59,900 Listed Price

Map


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4151 W US Highway 40, West Terre Haute, IN, 47885 is a Commercial Property for sale at $59,900 with 2,560 sqft and a lot size of 1.41. 4151 W US Highway 40 is a studio with 0.0 baths and was built in 1947. The property's zip code is 47885 which is in West Terre Haute, IN