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    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 19 Potential Opportunities for your consideration. Besides 1 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

    $1,550,000
    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
    Hotel with Indoor Swimming Pool
    Hotel with Indoor Swimming Pool

    9530 W State Rd 56, French Lick, IN 47432

    $4,600,000
    2.91 AC lot

    80-room Comfort Suites hotel with a recently completed major property improvement program and new roof and gutters.

    View details
    Hotel with Indoor Pool
    Hotel with Indoor Pool

    9530 W State Road 56 Highway, French Lick, IN 47432

    $4,600,000
    2.91 AC lot

    Comfort Suites for sale featuring 80 rooms, an indoor swimming pool, and on-site dining and meeting space.

    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

    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.

    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
    Prime Commercial Land on Bourbon Trail
    Prime Commercial Land on Bourbon Trail

    104 Carlton Crossing, Lawrenceburg, KY 40342

    $474,900
    0.90 AC lot

    Commercial land in Lawrenceburg's Carlton Crossing development, ideal for various businesses.

    View details
    Prime Commercial Land on Bourbon Trail
    Prime Commercial Land on Bourbon Trail

    104 Carlton Crossing, Lawrenceburg, KY 40342

    $474,900
    0.90 AC lot

    Commercial land ideal for retail, restaurant, hotel, or medical use.

    View details
    Prime Corner Lot on Bourbon Trail
    Prime Corner Lot on Bourbon Trail

    103 Carlton Crossing, Lawrenceburg, KY 40342

    $599,900
    0.90 AC lot

    Stellar corner lot on the Bourbon Trail ready for development.

    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 Hotels Market Trends and Statistics

    Explore 11 hotels for sale in Madison, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,900,000.

    Sale prices for resorts in Madison, IN start at $2,900,000, averaging $2,900,000, 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%

    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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