Historic Downtown Multi-Use
For Sale
$895,000
301 West Street, Madison, IN 47250
Commercial space in historic downtown Madison, Indiana. Real estate only.
Property Size17,986 SF
Price / SF$49.76
Days on Market1618
Property Features for 301 West Street
General Information
Standard status
Active
Size
17,986 SF
Property subtype
Business Opportunities
Taxes and HOA fees
Annual Taxes
$9,095
Amenities
3
Listing Agency:
eXp Realty, LLC
Listed By:
Jim Pruett · License #RB14034779
(812) 274-0660
Source:
Xome
Added: Apr 2, 2022
Changed: Sep 1
Last Checked: Sep 5 at 6:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
Investment Insights
Based on property information with market context.
This commercial property is located in historic downtown Madison, Indiana, which has been recognized as one of the best small towns in the Midwest. The building, formerly a feed mill, was completely renovated in 2018 and 2019 into a multi-use space. The real estate is for sale, without furniture, fixtures, equipment, or inventory. The building offers approximately 17,986 square feet of space and could be adapted for various uses, including an event center, restaurant, or multi-family housing. The third floor features a loft-style apartment. The adjacent building at 307 West Street, offering approximately 4,000 square feet, is also available for purchase in conjunction with this property.
Key Highlights
- Large commercial space (approx. 17,986 sq ft) in historic downtown Madison, Indiana.
- Rehabbed in 2018/2019 into a multi‑use building suitable for event center, restaurant, multi‑family housing, etc.
- Features a loft‑style apartment on the third floor.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
737
Businesses Nearby
Explore this area
Business Placement
Demographics for 47250, IN
22,596
Population
10,534
Households
2.1
Avg Household Size
42
Median Age
19%
College-Educated
89%
High-School Grad
211.4 sq mi
ZIP Area
107
Density / Sq Mi
$56,667
Median Household Income
$36,950
Median Earnings
$857
Median Rent
$179,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space in historic downtown Madison, Indiana. Real estate only.
Where is this mixed-use property located?
The property is located at 301 West Street Madison, IN.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Large commercial space (approx. 17,986 sq ft) in historic downtown Madison, Indiana.; Rehabbed in 2018/2019 into a multi‑use building suitable for event center, restaurant, multi‑family housing, etc.; Features a loft‑style apartment on the third floor.
