$2,900,000
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906 E 1st Street Madison, IN 47250
General Commercial
Residence
Beds
Baths
Sq. Ft.
4.24
Acre
Lot
Property Activity
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The Riverboat Inn and Suites is a 2-story building overlooking the river with 21 rooms and a lounge and is currently the only riverfront hotel property in Madison. With expansive views of the river and a large outdoor venue of patios, enclosed heated porches and grassy play areas, this makes for a g...reat event venue. On the same property is the âPilot Houseâ with an additional 5 rooms and outdoor pool. All rooms are individually decorated. Rooms feature flat screen TVs, pillow top beds, fireplaces, hardwood floors, mini refrigerator, microwave and wi-fi. Included in the Riverboat Inn and Suites and within walking distance of the main building are the Paddlewheel and Captainâs Quarters. The Paddlewheel features 24 1-bedroom rooms, exterior corridor and an outdoor patio area. The Captainâs Quarters has 9 condos with an interior corridor â (1) 1BR/1BA, (2) 2BR/1BA, (4) 2BR/1.5BA, (1) 3BR/1BA and (1) 4BR/2.5BA. Included in the sale of the property is a FULL Bar liquor license, 7 passenger shuttle van and 6 passenger golf cart. The festivities of Madison are almost weekly with the largest events including Chautauqua for the Arts, Madison Regatta, Madison Ribberfest BBQ and Blues, Soup, Stew, Chili and Brew, Candlelight Tours and many more. 10 minutes from 2 Public Golf Courses and Hospital, 30 minutes from Belterra Casino and Resort and 50 minutes from CVG and SDF Airports.
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MLS#
202107920
Property Type
General Commercial
Year Built
1956
Lot Size
4.24
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