Downtown Retail with
For Sale
$899,000
209 Main Street, Madison, IN 47250
Retail space with an apartment on the third floor, plus a functioning elevator for customer and resident access.
Property SizeContact for details
Days on Market2137
Property Features for 209 Main Street
General Information
Standard status
Active
Property subtype
Office
Additional Details
Business Included
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,237
Building Details
Year Built
1900
Stories
3
Listing Agency:
F.C. Tucker/Scott Lynch Group
(812) 265-3122
Listed By:
Tony Bilz · License #RB14029672
(812) 265-3122
Source:
Xome
Added: Oct 5, 2020
Changed: Aug 8
Last Checked: Aug 11 at 5:08AM
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 mixed-use commercial property is currently operated as retail space and includes an apartment on the third floor, offering a convenient live-work arrangement. A functioning elevator provides accessibility for both customers and residents, supporting day-to-day use of the building.
The property is located in the heart of downtown Madison, in an area described as a vibrant, tourist-oriented business district.
With retail at street level and residential space above, the configuration can support operations with the option to live on-site.
The property is located in the heart of downtown Madison, in an area described as a vibrant, tourist-oriented business district.
With retail at street level and residential space above, the configuration can support operations with the option to live on-site.
Key Highlights
- Commercial property with ground‑floor retail space currently in use as retail.
- Includes an apartment on the third floor for an owner or tenant to live above the business.
- Functioning elevator provides access for both customers and residents.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
38
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Retail space with an apartment on the third floor, plus a functioning elevator for customer and resident access.
Where is this live-work space located?
The property is located at 209 Main Street Madison, IN.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Commercial property with ground‑floor retail space currently in use as retail.; Includes an apartment on the third floor for an owner or tenant to live above the business.; Functioning elevator provides access for both customers and residents.
