Property Listing No Longer Available for Sale

801 E. Main Street, Madison, IN

Hotel for Sale - $199,900 - 6,282 Sq. Ft. on 0.4 acres


Property Info

CIMLS#1046339
Location
  801 E. Main Street
  Madison IN 47250
UpdatedJuly 23rd, 2019
TypeHotel
Price$199,900
Building6,282 Sq. Ft.
Land0.4 acres

Property Description

Great income potential! The Victoria Inn is a historic motel in Hanover, IN 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 is approximate; if critical, buyers should verify.


Financials