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8 Cumberland Dr - Projected Hotel Site
2 Acres of Commercial Land Offered at $1,133,976 CAD in Washington, IN 47501
Investment Highlights
- Infrastructure Ready
- Situated near existing Shopping, Dining and Healthcare
Executive Summary
This 2-acre parcel of vacant land was a Projected Hotel Site located in Washington, IN. amid Covid. The slab had been poured and
drawings completed for a 73-room Hotel. It is situated on the North side of Cumberland Dr. across from the existing
Baymont Inn & Suites within the city limits of Washington with city utilities already in place.
Neighboring businesses include: Walmart Supercenter, Chuckles Food Mart, Burger King, Quick Care Clinic and Papa Johns.
Completed items for this site:
- $23,830 Landmark Surveying Co.
- $64,200 Architecture - Donovan + Donovan
- $1,023 Testing & Inspection
- $29,500 United Excavating
- $76,767 Knepp Builders LLC
- $106,347 Don Gress Construction
- $36,393 Taber Owens Construction
- $10,601 City & State permits
- $195,000 Land
Property Facts
| Price | $1,133,976 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.00 AC |
| Property Type | Land | Cross Streets | Hwy 57 |
| Price | $1,133,976 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.00 AC |
| Cross Streets | Hwy 57 |
1 Lot Available
Lot
| Price | $1,133,976 CAD | Lot Size | 2.00 AC |
| Price Per AC | $566,988 CAD |
| Price | $1,133,976 CAD |
| Price Per AC | $566,988 CAD |
| Lot Size | 2.00 AC |
This 2 acre parcel of vacant land was a Projected Hotel Site located in Washington, IN. in the midst of Covid. The slab had been poured and drawings completed for a 73-room Hotel.
Description
Great Opportunity to build a brand new Hotel or Apartments with the permits and ground work already completed. This 2 acre parcel of vacant land was a Projected Hotel Site located in Washington, IN. in the midst of Covid. The slab had been poured and drawings completed for a 73 room Hotel. It is situated on the North side of Cumberland Dr. across from the existing Baymont Inn & Suites within the city limits of Washington with city utilities already in place. Neighboring businesses include: Walmart Supercenter, Chuckles Food Mart, Burger King, Quick Care Clinic and Papa Johns.
PROPERTY TAXES
| Parcel Number | 14-13-03-301-015.003-016 | Improvements Assessment | $0 CAD |
| Land Assessment | $27,626 CAD | Total Assessment | $27,626 CAD |
PROPERTY TAXES
zoning
| Zoning Code | C-4 (Commercial) |
| C-4 (Commercial) |
Presented by
8 Cumberland Dr - Projected Hotel Site
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