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845 Main St Madison, IN 47250

For Sale
$319,900

Prime location, income potential, two-story brick building.

Description

Added:
Feb 3, 2025
Days on Market:
313
This exceptional commercial/residential investment opportunity is situated in the heart of historic Madison, Indiana, at 845 W Main Street. The property boasts a substantial two-story brick storefront, offering versatile income streams. The main level comprises approximately 1700 square feet of retail space, ideal for a variety of businesses. Its prime location ensures high visibility and foot traffic, benefiting from proximity to shopping, dining, and local schools. Upstairs, a spacious 1700 square foot, two-bedroom apartment overlooks Main Street, providing additional rental income potential. The apartment's location offers residents a vibrant and convenient lifestyle. Adding to the property's appeal is a detached 720 square foot brick garage located at the rear of the 0.08-acre lot. This structure presents further income possibilities, whether used as additional storage, workshop space, or rented out separately. The combination of retail space, residential apartment, and detached garage makes this a unique and lucrative investment opportunity in a highly desirable location. This property is ready for a discerning investor to capitalize on its significant potential. The building's solid brick construction ensures durability and longevity, promising a stable and rewarding investment for years to come.

Property Features for 845 Main St

General Information

Property type
Retail properties
Lot Size
3,485 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail properties

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Madison
County
Jefferson_IN
State
Indiana
Longitude
-85.39293
Latitude
38.7385

FAQs

What type of property is this?
Retail property - Prime location, income potential, two-story brick building.
Where is this retail property located?
The property is located at 845 Main St Madison, IN.
What is the asking price?
The asking price for this property is $319,900.
More about this property
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