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225 E Main St 2,745 SF Vacant Retail Building Madison, IN 47250 $275,000 ($100.18/SF)
Investment Highlights
- High Traffic location
- Multiple Use Property
Executive Summary
Located in the heart of downtown Madison on Main Street, this versatile three-story building offers 2,745 sq ft and endless possibilities. The main floor is currently operating as a t-shirt shop, but the space could easily accommodate a variety of retail, office, or service-based businesses.
The upper floors provide excellent rental or residential potential. The second floor offers additional usable space, while the third floor is unfinished and ready for a buyer to customize to fit their needs. With the option to live and work in the same building or generate additional rental income, this property presents a unique investment opportunity.
Situated on Main Street in Madison IN with high foot and vehicle traffic, you’ll be just steps away from popular restaurants, shops, wineries, and local attractions. A prime location with incredible potential in one of southern Indiana’s most charming historic downtowns.
The upper floors provide excellent rental or residential potential. The second floor offers additional usable space, while the third floor is unfinished and ready for a buyer to customize to fit their needs. With the option to live and work in the same building or generate additional rental income, this property presents a unique investment opportunity.
Situated on Main Street in Madison IN with high foot and vehicle traffic, you’ll be just steps away from popular restaurants, shops, wineries, and local attractions. A prime location with incredible potential in one of southern Indiana’s most charming historic downtowns.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,745 SF
Building Class
C
Year Built
1850
Price
$275,000
Price Per SF
$100.18
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.25
Lot Size
0.03 AC
Zoning
Commercial - Madison Business District
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 39-13-02-214-017-000-007 | Improvements Assessment | $84,900 |
| Land Assessment | $8,700 | Total Assessment | $93,600 |
Property Taxes
Parcel Number
39-13-02-214-017-000-007
Land Assessment
$8,700
Improvements Assessment
$84,900
Total Assessment
$93,600
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225 E Main St