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801 E Main St
Madison, IN 47250
GREAT INCOME POT. - HISTORIC HOTEL IN HANOVER · Hospitality Property For Sale · 9,125 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 0.40 AC
Construction Status Converted
Building Size 9,125 SF
No. Stories 3
Year Built/Renovated 1930/2016
Parking Ratio 2.5/1,000 SF
Corridor Interior
Zoning General Business

ABOUT 801 E MAIN ST , MADISON, IN 47250

Great income potential! The Victoria Inn is a historic motel close to the river, with 20 furnished units. The units are currently $200/week for standard units and $230/week for 2-bedroom suites with kitchenettes. Nightly rates vary. Each unit has cable TV and fridge. Paved parking and capabilities to convert to a B&B, or an exclusive hotel. Square fee it approximate; if critical, buyers should verify.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39-13-02-000-004-000-007
Land Assessment
$22,900
Improvements Assessment
$554,900
Total Assessment
$577,800
  • Listing ID: 15443131

  • Date on Market: 3/14/2019

  • Last Updated:

  • Address: 801 E Main St, Madison, IN 47250

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