Riverfront Hotel and Event
906 E 1st Street Madison, IN 47250
906 E 1st Street, Madison, IN, 47250
$2,900,000
For Sale
$2,900,000
Riverfront 2-story hotel with 21 rooms, lounge, patios, and an on-site bar liquor license included.
Days on Market3177
Property Features for 906 E 1st Street
General Information
- Standard status
- Active
- Property subtype
- General Commercial
Building Details
- Year Built
- 1956
Listing agency
eXp Realty, LLC
(812) 701-1000
Listed by
Jim Pruett · License #RB14034779
(812) 701-1000
Source
Xome
Added: Nov 8, 2017 Updated: Jul 21 at 3:47AM Checked: Jul 21 at 3:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
Investment Insights
Based on property information with market context.
The Riverboat Inn and Suites is a 2-story riverfront property with 21 rooms and a lounge. Guest accommodations are individually decorated and equipped with flat screen TVs, pillow top beds, fireplaces, hardwood floors, mini refrigerator, and microwave, with in-room Wi-Fi. The property also features outdoor patios, enclosed heated porches, and grassy play areas that support on-site hosting.
On the same property is the “Pilot House,” which includes an additional five rooms plus an outdoor pool. The Paddlewheel, included within walking distance of the main building, offers 24 1-bedroom rooms with an exterior corridor and an outdoor patio area. The Captain’s Quarters includes nine condos with an interior corridor, comprising a mix of 1BR/1BA, 2BR/1BA, 2BR/1.5BA, 3BR/1BA, and 4BR/2.5BA units.
Included with the sale are a full bar liquor license, a 7-passenger shuttle van, and six passenger golf carts. The property remarks also note frequent area events and proximity to public golf courses and a hospital, with additional regional access to Belterra Casino and Resorts and nearby airports.
On the same property is the “Pilot House,” which includes an additional five rooms plus an outdoor pool. The Paddlewheel, included within walking distance of the main building, offers 24 1-bedroom rooms with an exterior corridor and an outdoor patio area. The Captain’s Quarters includes nine condos with an interior corridor, comprising a mix of 1BR/1BA, 2BR/1BA, 2BR/1.5BA, 3BR/1BA, and 4BR/2.5BA units.
Included with the sale are a full bar liquor license, a 7-passenger shuttle van, and six passenger golf carts. The property remarks also note frequent area events and proximity to public golf courses and a hospital, with additional regional access to Belterra Casino and Resorts and nearby airports.
Key Highlights
- 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
Property Analytics
Location Intelligence
Current Use by Public Records
Riverboat Inn & Suites
Hotel & Motel
Dental Cranial
Medical Clinic
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FAQs
What type of property is this?
Hotel - Riverfront 2-story hotel with 21 rooms, lounge, patios, and an on-site bar liquor license included.
Where is this hotel located?
The property is located at 906 E 1st Street Madison, IN.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 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
