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Restaurant Space with Commercial Kitchen
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221 E Main St, Madison, IN 47250

Food-preparation facilities include three sink types, with a fire-suppression exhaust hood system planned for installation.

Property SizeContact for details
Days on Market9

Property Features for 221 E Main St

General Information

Standard status Active
Listing Agency: eXp Realty, LLC
Listed By: Austin A Ketcham · License #RB19001273
Source: Exprealty
Added: Oct 20 Changed: Oct 26 Last Checked: Oct 26 at 9:48PM

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

Rey
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Investment Insights

Based on property information with market context.

At 221 E. Main St. in Madison, Indiana, this restaurant property includes an approximately 400-square-foot built-out commercial kitchen. Its fixtures include a three-compartment sink, a separate handwashing sink, and a mop sink.

The owner is under contract to install an 8-foot Type I commercial exhaust hood with fire suppression. The property is in downtown Madison.

Key Highlights

  • Approximately 400 SF of built‑out commercial kitchen space
  • Three‑compartment sink, dedicated handwashing sink, and mop sink
  • Owner is under contract to install an 8‑foot Type I exhaust hood with fire suppression

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Comfort Station with ... Public Bathroom

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

737
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 0.2 miles
Fairfield Inn & Suites by Marriott Hotels & Casinos
3,609 visits/mo 0.5 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 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Food-preparation facilities include three sink types, with a fire-suppression exhaust hood system planned for installation.
Where is this conventional restaurant located?
The property is located at 221 E Main St Madison, IN.
What are key features of this property?
This property features: Approximately 400 SF of built‑out commercial kitchen space; Three‑compartment sink, dedicated handwashing sink, and mop sink; Owner is under contract to install an 8‑foot Type I exhaust hood with fire suppression
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