906 E FIRST ST
MLS# 301975

906 E FIRST STMADISON, IN 47250

Commercial
$2,900,000
 
 

MADISON, IN 47250

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906 E FIRST ST MADISON, IN 47250

Commercial   $2,900,000

FANTASTIC 50 unit hotel w/ pool and 9- 1-4 bedroom condos, an event center w/ spectacular views of the OHIO river! Good earner, renovated and established with over 10 years of 5 star reputation. FULL BAR Liquor license and established repeat client base! HIGH END REMODELED ROOMS as well as summer entertaining. VIEWS ARE AMAZING!! Nice well kept grounds and swimming pool! Also a shuttle Van, 6 passenger golf cart- 47 foot Harbor Master House boat included in sale.

Details for 906 E FIRST ST, MADISON, IN 47250
Additional Details
Feature
County: JEFFERSON County
Acres: 5.64 Acres
Age: 61
Construction: Brick/Frame/Stone
Cooling: Other
Heat: Other
Lot description: 302x400
Roof: Shingle
Annual Taxes: 5266
Sewer: City
Water: City

Demographics
General & Population
General
Zip code:47250
State:Indiana
Population
Total:21,855
Male:10,350
Female:11,505
Median age:41
Income Per Capita:$43,778
Population Change:+0.73%
Pop Density Sq.Mi.:105
Environment & Education
Environment
Annual precipitation:59.01
Temp Jan (avg):32.4
Temp July (avg):77.2
Air pollution index:158
Education
Education index:2
High school degree:5,967
College degree:3,623
Associates degree:817
Bachelors degree:1,499
Graduate degree:1,307
Household
Households:8,823
Households w/ children:2,868
Size (average):2.37
Net Worth (average):$382,899
Income Median 0-25:$21,905
Income Median 25-44:$47,160
Income Median 45-64:$49,966
Income Median 65+:$35,919
Income Change:+7%
Mortgage Debt Median:$73,350
Home Equity Median:$163,110
Miscellaneous
Work Travel (median):43 min
Dwelling Median Age:32
Dwellings Owned:6,319
Dwellings Rented:2,504
Dwellings Vacant:1,196
Airport(major):Cincinnati/Northern Kentucky International

Demographic data copyright © 2013 Onboard Informatics.

Madison

About Madison

Introduction

Madison’s downtown historic district contains over 1,500 19th century structures listed on the National Register of Historic Places, making it Indiana’s largest historic district.

Summary

Nestled along the Ohio River Valley, Madison has always been the center of transportation, industry and commerce for the entire southeastern Indiana region. Founded in 1809, Madison today is the county seat for Jefferson County, making it the destination for political, economic and social activities of the county. Boats and barges still pass on the great northern bend of the Ohio River, surrounded by scenic limestone bluffs. While much of the surrounding southern Indiana region is fertile farmland, 1300 residents have found a home in this charming tree-covered Indiana city.

Transportation

Madison is a scenic 75-mile drive from Cincinnati through rolling rural countryside, following US Rt. 50 to State Rt. 421. Indiana Rt. 56 also bisects the downtown.

Hospitals

King’s Daughters Hospital and Health Services provides medical care to Madison residents and five other nearby counties.

Shopping

Madison is also known as an antique shopping destination in the Midwest. Numerous specialty shops, unique restaurants and quaint B&B’s compliment the historic downtown. Most Jefferson County residents come here to shop for all their food and retail needs.

Recreation

Madison has been called the ‘”Prettiest Small Town in the Midwest” by the Ladies Home Journal. There’s always something to do in Madison. Art festivals, historic sites and homes, museums, theater, music, entertainment, and numerous local craftsmen and artisans fill the days with activity. Southern Indiana is also a nationally recognized wine region and three award-winning wineries are located within minutes of Madison. Hanover College is the oldest private college in Indiana and offers sports and cultural activities throughout the year. Boaters use the waterfront access to the Ohio River for water sports. Annually the Madison Regatta hosts a nationally ranked hydroplane-racing event. Whether you are an avid wildlife watcher, hiker, or simply enjoy the great outdoors, Clifty Falls State Park has something for everyone. Hikers can enjoy trails ranging from “easy” to “rugged” and behold deeply cut gorges, sheer rock walls and plunging waterfalls. Located on 50,000 acres five miles north of Madison (on the closed Jefferson Proving Ground), Big Oaks National Wildlife Refuge Area is managed by the US Fish and Wildlife Service. Big Oaks NWR has been designated as a Globally Important Bird Area because of its value to migratory birds. Portions of the refuge are open for wildlife observation, photography, fishing, hunting, interpretation, and environmental education.

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This listing courtesy of, MEISBERGER and ASSOCIATES .

Real Estate For Sale at 906 E FIRST ST, MADISON, IN 47250

Copyright © 2017 Southeastern Indiana MLS (SEIMLS). Information deemed reliable, but not guaranteed.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the Southeastern Indiana MLS (SEIMLS).Those listings held by brokerage firms other than Sibcy Cline, Inc. are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity.
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