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Multi-Unit Storefront Building
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128 E Main Street, Madison, IN 47250

Flexible layout supports full-building occupancy or division into four separate spaces.

Property Size950 SF
Price / SF$1.79
Days on Market1001

Property Features for 128 E Main Street

General Information

Standard status Active
Size 950 SF
Property subtype Retail

Amenities

3
0.05000000074505806
Listing Agency: F.C. Tucker/Scott Lynch Group
Listed By: Kelsey Shaw · License #RB19000651
Source: Xome
Added: Dec 4, 2023 Changed: Aug 29 Last Checked: Aug 31 at 2:24PM

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.

This 3,800-square-foot storefront property offers a flexible commercial configuration that can function as one building, four separate units, or an arrangement between those options. Large street-facing windows line the lower units, supporting display-oriented retail use and direct visual connection with Main Street.

The property sits in a high-foot-traffic area surrounded by businesses, restaurants, and entertainment venues. That established mix creates a pedestrian-oriented setting with activity from shoppers and visitors. The adaptable layout gives prospective users flexibility in how the building is occupied or organized.

Key Highlights

  • 3,800‑square‑foot commercial building
  • Can be used as one building, four units, or an arrangement between
  • Large windows in the lower units face Main Street

Property Analytics

Current Use

Lucky Penny Vintage (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Building Supply Electrical Service HVAC Service Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

722
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Colonial Flower Shop 406 E 2nd St #3514, Madison, IN 47250

Frequently Asked Questions

What type of property is this?
Storefront property - Flexible layout supports full-building occupancy or division into four separate spaces.
Where is this storefront property located?
The property is located at 128 E Main Street Madison, IN.
What are key features of this property?
This property features: 3,800‑square‑foot commercial building; Can be used as one building, four units, or an arrangement between; Large windows in the lower units face Main Street
More about this property
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