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- LoopNet Team
906 E 1st St
Madison, IN 47250
Riverboat Inn & Suites · Hospitality Property For Sale · 28,276 SF
Investment Highlights
- On the Ohio River in a very historic tourist town. Great repeat clientele
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1952 |
| Building Class | C | Parking Ratio | 0.92/1,000 SF |
| Lot Size | 5.64 AC | Corridor | Exterior |
| Building Size | 28,276 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.64 AC |
| Building Size | 28,276 SF |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 0.92/1,000 SF |
| Corridor | Exterior |
Amenities
- Balcony
- Pool
- On-Site Bar
- Meeting Event Space
About 906 E 1st St , Madison, IN 47250
Located in Madison, Indiana with the largest continuous National Historic Landmark District in the United States and on the banks of the scenic Ohio River, the Riverboat Inn and Suites is currently the only Riverfront hotel property. With expansive views of the river and a large outdoor venue of patios, enclosed heated porches and grassy play areas, this makes for a great event venue. The “Riverboat Inn” is a 2 story building overlooking the river with 21 rooms and a lounge. The Riverboat Inn and Suites has been under one owner/manager for the last 12 years resulting in a 5 star reputation, established repeat clientele and seasonal travelers. Included in the sale of the property is a FULL Bar liquor license, 7 passenger shuttle van, and 6 passenger golf cart. This business has been renovated and is a good annual revenue generator.
PROPERTY TAXES
| Parcel Number | 39-13-01-223-044-000-007 | Improvements Assessment | $393,752 |
| Land Assessment | $180,878 | Total Assessment | $574,630 |
PROPERTY TAXES
zoning
| Zoning Code | General Business |
| General Business |
