108 Main St Madison, IN 47250-3411
This exceptional 4,700 square foot retail property is situated on a 0.06-acre lot at 108 E Main Street in the charming town of Madison, Indiana – recently recognized by USA Today as the Best Small Town in the Midwest. The main floor boasts a spacious, open layout perfect for a variety of retail uses, enhanced by large display windows that maximize street visibility. A convenient bathroom and kitchenette are also included on the main level. Adding to its versatility, a separate entrance leads to a sizable second-floor space. This area features a large great room and 1.5 bathrooms, offering potential for owner-occupied living quarters or additional commercial use. The property's prime location in the heart of historic Madison ensures high foot traffic and visibility, making it an ideal opportunity for a business seeking to thrive in a vibrant and growing community. The square footage is approximate. In addition to purchase, lease options may be available. Don't miss this chance to become part of Madison's thriving downtown scene.
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James Dell Clothing & Fashion Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.