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 | |
Updated | July 23rd, 2019 |
Type | Hotel |
Price | $199,900 |
Building | 6,282 Sq. Ft. |
Land | 0.4 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.