8 Cumberland Dr - Commercial LAND FOR SALE


Washington, IN 47501 87,120 SF
$800,000 USD
812-459-1463
8 Cumberland Dr, Washington, IN for Sale
$800,000 USD
Commercial LAND - FOR SALE
1/1
87,120 SF

8 Cumberland Dr
Washington, IN 47501


HIGHLIGHTS

  • Infrastructure Ready
  • Situated near existing Shopping, Dining and Healthcare

OVERVIEW

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. 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

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/ACRE

$400,000/AC

PRICE/SF

$9 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Projected Hotel Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Hotel

LAND ACRES

2 AC

LAND SF

87,120 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C-4

APN/PARCEL ID

14-13-03-301-015.003-016

ASK ABOUT THIS PROPERTY

Susan RacineWoodward Commercial RealtyMore Info
812-459-1463

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Susan RacineWoodward Commercial RealtyMore Info
812-459-1463

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.