Former Grocery Store
For Sale
$595,000
120 Second Street, Madison, IN 47250
Large clear-span masonry building with street-level space, partial unfinished walkout basement, paved parking, and a loading dock.
Property Size11,730 SF
Price / SF$50.72
Days on Market3705
Property Features for 120 Second Street
General Information
Standard status
Active
Size
11,730 SF
Total Parking Spaces
60
Property subtype
Retail
Additional Details
Dock-High Doors
1
Taxes and HOA fees
Annual Taxes
$7,370
Amenities
3
168x212
Building Details
Year Built
1955
Construction
clear-span masonry
Listing Agency:
F.C. Tucker/Scott Lynch Group
(812) 701-0081
Listed By:
Scott Lynch · License #RB14019761
(812) 701-0081
Source:
Xome
Added: Jun 21, 2016
Changed: Aug 8
Last Checked: Aug 12 at 3:47AM
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 F.C. Tucker/Scott Lynch Group
Investment Insights
Based on property information with market context.
Located at 120 E Second Street in Madison, IN, this former grocery store is a large clear-span masonry building featuring street-level space of approximately 11,730 sq. ft. The property also includes a partial, unfinished walkout basement.
The exterior setup includes sidewalks that provide easy pedestrian access, along with a paved parking lot with approximately 60 spaces and one loading dock for deliveries or service needs.
The property is located in a TIF District and may qualify for economic incentives. This makes the building suitable for investors or operators looking for a substantial retail-oriented footprint with practical on-site access and loading capability.
The exterior setup includes sidewalks that provide easy pedestrian access, along with a paved parking lot with approximately 60 spaces and one loading dock for deliveries or service needs.
The property is located in a TIF District and may qualify for economic incentives. This makes the building suitable for investors or operators looking for a substantial retail-oriented footprint with practical on-site access and loading capability.
Key Highlights
- Large clear‑span masonry building with 11,730 SF on street level
- Partial unfinished walkout basement included
- Former grocery store building
Property Analytics
Property Profile
Current Use
Lease Details
1
Dock-high doors
Location Intelligence
Trade Area within ½ mile
722
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Hotels & Casinos 16%
Dining 15%
Circle K
Shops & Services
8,510 visits/mo
0.1 miles
Fairfield Inn & Suites by Marriott
Hotels & Casinos
3,609 visits/mo
0.3 miles
The Downtowner
Dining
3,261 visits/mo
0.1 miles
Dollar General
Shops & Services
2,757 visits/mo
0.1 miles
First Financial Bank
Shops & Services
2,383 visits/mo
0.1 miles
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Large clear-span masonry building with street-level space, partial unfinished walkout basement, paved parking, and a loading dock.
Where is this grocery and convenience store located?
The property is located at 120 Second Street Madison, IN.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Large clear‑span masonry building with 11,730 SF on street level; Partial unfinished walkout basement included; Former grocery store building
