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Old Econo Lodge property for sale in Peru

Posted by wlpo on September 9, 2015

If you’re interested in buying and developing land along Interstate 80, the city of Peru would love to hear from you.

The city now owns the old Econo Lodge near Arbys and wants the eye sore gone. City Attorney Doug Schweickert says the city would rather not be in the real estate business so their advertising the seven-acre property.

The attraction of the property is it’s at a well-traveled intersection of May Road and Route 251. The downside is forking out around $600,000 to tear down the old hotel.

Schweickert says even if the city doesn’t find a buyer, the old Econo Lodge will eventually be demolished.

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