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MADLOVE eat + drink 709 W Main St 3,608 SF 78% Leased Retail Building Madison, IN 47250 $725,000 ($200.94/SF)
INVESTMENT HIGHLIGHTS
- Kim Kennard Mad Love Eat+Drink (513) 226-6709 (p) | (513) 226-7674 (m) madlovemadison@outlook.com
EXECUTIVE SUMMARY
Unlimited Potential + Turnkey + Boredom CURE + Great Staff
Established, SUCCESSFUL, destination restaurant in a cool historic town located on Main Street a few blocks from the Ohio River. Madison Indiana IS Indiana’s Music City and MAD LOVE eat + drink is a music and art themed restaurant that has a great local following along with being a visitor’s destination. We are currently open 24 hours a WEEK (not a day) - UNLIMITED GROWTH POTENTIAL. We are selling BOTH the turn-key restaurant and the Property (which includes a coveted State 3-way liquor license). The real estate has a separate lot in the back that can be sold separately. We currently use the upstairs for storage but could easily be converted into owners living quarters (originally set up as an apartment). We have a great reputation (4.7 Google 406 reviews). Madison, Indiana is a hidden GEM, we LOVE this town and want the new owners to fall in love too.
a little more info....
Well maintained Historic Building on Main Street; 3 way IN State Liquor license (VERY LIMITED!), 44 (or more) seats inside (includes 6 bar stools and granite bartop new in 25), 45 + seats outside covered plus artificial turf/beer garden area, Equipment well maintained & replaced as needed (stove/oven, 3 freezers, 3 refrigerator, 2 cold stations, prep tables, walk-in, hood system, fryer, chargill, panini press, beer kegs (10 taps), beer cooler, wine cooler, glassware, smallwares, cookware, three bay sink, sound system, tables/chairs, etc..)
Competition: Prime location on Main Street - ONLY restaurant in town with covered outdoor dining Strong Brand/reputation + Current ratings (Google 4.7/406 reviews and Yelp 4.6/82 reviews) We are open 24 hours a week Wed 5-8, Thurs/Fri 11-2 + 5-8 and Saturday 11-8 (no door dash or online) Visit Madison, Main Street Madison and other Madison Non-profits helps promote local businesses: https://issuu.com/visitmadison601/docs/experience_madison_indiana_guide_2025_final https://issuu.com/visitmadison601/docs/2024_visit_madison_indiana_annual_report
Growth & Expansion:
Unlimited - we have only sold limited merchandise, but there is a demand. Expanded Hours/days - online/delivery services https://visitmadison.org/ https://www.madisonmainstreet.com/
Established, SUCCESSFUL, destination restaurant in a cool historic town located on Main Street a few blocks from the Ohio River. Madison Indiana IS Indiana’s Music City and MAD LOVE eat + drink is a music and art themed restaurant that has a great local following along with being a visitor’s destination. We are currently open 24 hours a WEEK (not a day) - UNLIMITED GROWTH POTENTIAL. We are selling BOTH the turn-key restaurant and the Property (which includes a coveted State 3-way liquor license). The real estate has a separate lot in the back that can be sold separately. We currently use the upstairs for storage but could easily be converted into owners living quarters (originally set up as an apartment). We have a great reputation (4.7 Google 406 reviews). Madison, Indiana is a hidden GEM, we LOVE this town and want the new owners to fall in love too.
a little more info....
Well maintained Historic Building on Main Street; 3 way IN State Liquor license (VERY LIMITED!), 44 (or more) seats inside (includes 6 bar stools and granite bartop new in 25), 45 + seats outside covered plus artificial turf/beer garden area, Equipment well maintained & replaced as needed (stove/oven, 3 freezers, 3 refrigerator, 2 cold stations, prep tables, walk-in, hood system, fryer, chargill, panini press, beer kegs (10 taps), beer cooler, wine cooler, glassware, smallwares, cookware, three bay sink, sound system, tables/chairs, etc..)
Competition: Prime location on Main Street - ONLY restaurant in town with covered outdoor dining Strong Brand/reputation + Current ratings (Google 4.7/406 reviews and Yelp 4.6/82 reviews) We are open 24 hours a week Wed 5-8, Thurs/Fri 11-2 + 5-8 and Saturday 11-8 (no door dash or online) Visit Madison, Main Street Madison and other Madison Non-profits helps promote local businesses: https://issuu.com/visitmadison601/docs/experience_madison_indiana_guide_2025_final https://issuu.com/visitmadison601/docs/2024_visit_madison_indiana_annual_report
Growth & Expansion:
Unlimited - we have only sold limited merchandise, but there is a demand. Expanded Hours/days - online/delivery services https://visitmadison.org/ https://www.madisonmainstreet.com/
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Building Size
3,608 SF
Building Class
C
Year Built
1875
Price
$725,000
Price Per SF
$200.94
Percent Leased
78%
Building Height
1 Story
Building FAR
0.73
Lot Size
0.11 AC
Zoning
C - Commercial
Parking
6 Spaces (1.66 Spaces per 1,000 SF Leased)
ABOUT 709 W MAIN ST , MADISON, IN 47250
Kim Kennard Mad Love Eat+Drink (513) 226-6709 (p) | (513) 226-7674 (m) madlovemadison@outlook.com
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 39-13-03-111-012-000-007 | Improvements Assessment | $87,900 |
| Land Assessment | $24,800 | Total Assessment | $112,700 |
PROPERTY TAXES
Parcel Number
39-13-03-111-012-000-007
Land Assessment
$24,800
Improvements Assessment
$87,900
Total Assessment
$112,700
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Mad Love Eat+Drink
MADLOVE eat + drink | 709 W Main St
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