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    Madison, IN
    Hospitality

    Madison, IN Hospitality Properties for Sale

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    Restored Log Cabin Retreat
    Updated: Jan 27
    Restored Log Cabin Retreat

    2945 N Greenbrier Rd., Madison, IN 47250

    $459,000
    30.89 AC lot
    19th‑century log home (year built 1800) with wood/log siding and a metal roof
    Set on 30+ private scenic acres with pond and lake frontage
    Hardwood flooring and a restored historic log cabin interior
    Multiple heating sources including wood, propane, and a heat pump with zoned forced air
    Outdoor living includes a porch and deck
    View details
    Riverfront Hotel and Event Property
    Updated: Nov 8, 2017
    Riverfront Hotel and Event Property

    906 E 1st Street, Madison, IN 47250

    $2,900,000
    Riverfront 2‑story hotel building with 21 rooms and a lounge
    On‑site Pilot House includes an additional 5 rooms and an outdoor pool
    Paddlewheel features 24 1‑bedroom rooms with an exterior corridor and outdoor patio area
    Captain's Quarters includes 9 condos with a mix of unit types: (1) 1BR/1BA, (2) 2BR/1BA, (4) 2BR/1.5BA, (1) 3BR/1BA, (1) 4BR/2.5BA
    Full bar liquor license included with the sale, along with a 7‑passenger shuttle van and 6 passenger golf carts
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 2 Active listings in Madison, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Hotel with Manager Apartment
    Hotel with Manager Apartment

    14845 STATE RD 156, Florence, IN 47020

    Contact for pricing
    19,542 sqft

    41-room hotel across from Belterra Casino Resort, with 2024 metal roof and FF&E included for an operator-ready setup.

    View details
    Turn-Key Bed and Breakfast Property
    Turn-Key Bed and Breakfast Property

    3262 Old Sligo Rd, La Grange, KY 40031

    Contact for pricing
    5.57 AC lot

    Six guest rentals, each with a full bath, plus separate lower-level apartment and barn.

    View details
    8-Unit Inn Property
    8-Unit Inn Property

    8318 Dixie Hwy, Florence, KY 41042

    Contact for pricing

    Eight units operated under week-to-week rental agreements with no current vacancies; showings require 3 days' notice.

    View details
    Renovated 99-Room Hotel
    Renovated 99-Room Hotel

    1005 New Moody Ln, La Grange, KY 40031

    Contact for pricing

    Best Western Ashbury Inn offers 99 rooms and underwent major renovations in 2023–2024.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Land with River Frontage
    Waterfront Land with River Frontage

    Tract 9 N Old State Road 156 Highway, Patriot, IN 47038

    $159,900
    4.04 AC lot

    Waterfront commercial tract with Ohio River frontage and access to a common area private boat ramp.

    View details
    3-Acre Commercial Land Parcel
    3-Acre Commercial Land Parcel

    12885 Frogtown Connector Rd, Walton, KY 41094

    $650,000
    3.00 AC lot

    3-acre commercial land parcel with highway visibility and C3 zoning.

    View details
    Land with Kentucky River Views
    Land with Kentucky River Views

    954 Wilkinson, Frankfort, KY 40601

    $550,000
    3.75 AC lot

    3.75 acres in Opportunity Zone near Buffalo Trace Distillery.

    View details
    Roadside Business Development Land
    Roadside Business Development Land

    7221 US 31 S, Edinburgh, IN 46124

    $6,000,000
    19.70 AC lot

    19.7-acre roadside business site with 2,270 ft frontage and 13,551 VPD along US 31.

    View details

    Off-Market Properties in Madison, IN

    Consider similar Off-Market properties in Madison, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    108 Saint Michaels Ave
    HOTEL/MOTEL

    108 Saint Michaels Ave, Madison, IN 47250-3631

    $940,000
    Estimated value
    73,680 sqft 4.10 AC lot
    View details
    2629 Michigan Rd
    HOTEL/MOTEL

    2629 Michigan Rd, Madison, IN 47250-1875

    Value Estimation by Request
    4,119 sqft 1.49 AC lot
    View details
    831 Main St
    HOTEL/MOTEL

    831 Main St, Madison, IN 47250-3652

    $680,000
    Estimated value
    21,107 sqft 10.05 AC lot
    View details
    801 Main St
    HOTEL/MOTEL

    801 Main St, Madison, IN 47250-3652

    Value Estimation by Request
    6,288 sqft 0.40 AC lot
    View details
    300 Franks Dr
    HOTEL/MOTEL

    300 Franks Dr, Madison, IN 47250-1804

    $840,000
    Estimated value
    42,966 sqft 1.63 AC lot
    View details
    308 Demaree Dr
    HOTEL/MOTEL

    308 Demaree Dr, Madison, IN 47250-4626

    Value Estimation by Request
    16,000 sqft 0.84 AC lot
    View details
    700 Clifty Dr
    HOTEL/MOTEL

    700 Clifty Dr, Madison, IN 47250-1613

    Value Estimation by Request
    11,194 sqft 2.98 AC lot
    View details
    3767 Clifty Dr
    HOTEL/MOTEL

    3767 Clifty Dr, Madison, IN 47250-1650

    $695,000
    Estimated value
    28,935 sqft 3.63 AC lot
    View details
    111 2nd St
    HOTEL/MOTEL

    111 2nd St, Madison, IN 47250-3418

    Value Estimation by Request
    10,320 sqft 0.15 AC lot
    View details
    906 1st St
    HOTEL/MOTEL

    906 1st St, Madison, IN 47250-3623

    Value Estimation by Request
    10,532 sqft 4.24 AC lot
    View details

    Madison, IN Hospitality Properties Market Trends and Statistics

    Explore 12 hospitality properties for sale in Madison, IN on our real estate platform.

    Sale prices for hospitality properties in Madison, IN start at $459,000, averaging $1,679,500, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bed & breakfasts 1
    Hotels 1
    Resorts 1

    Demographics Overview

    Population 23K
    Population Growth (5Y) +4.7%
    Median Household Income $56,667
    College Educated 25.8%

    High-Yield Neighborhoods for Investment

    Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47250 $459K

    Taxes & Financing

    Tax Rate (average for all types) 2.59%
    Property Tax per SF $39.41 per SF
    Average Loan-to-Value 65.0%

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