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Three-Story Mixed-Use Building
New
For Sale
$275,000

225 E Main St, Madison, IN 47250

Main-level retail space is paired with two upper floors, including an unfinished third floor.

Property Size2,745 SF
Price / SF$100.18
Days on Market2

Property Features for 225 E Main St

General Information

Standard status Active
Size 2,745 SF

Building Details

Year Built 1900
Buildings 1
Stories 3
Listing Agency: F.C. Tucker/Scott Lynch Group
Listed By: Scott Lynch · License #RB14019761
Source: Adventurealty
Added: Sep 9 Last Checked: Sep 9 at 3:03PM

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 2,745 sq ft mixed-use building contains three levels and was built in 1900. The main floor is currently used as a t-shirt shop, providing an established retail configuration for continued use or adaptation to office and service-oriented operations. The second floor adds usable interior space, while the third floor remains unfinished and can be customized by a new owner.

The property is located on Main Street in downtown Madison, with reported foot and vehicle traffic and nearby restaurants, shops, wineries, and local attractions. Its three-story layout supports the potential for a live-work arrangement, residential use on the upper levels, or additional rental space, subject to applicable requirements.

Key Highlights

  • 2,745 sq ft mixed‑use building with three stories
  • Built in 1900
  • Main floor currently operates as a t‑shirt shop

Property Analytics

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Current Use

Madison Made (Bike/Boat/Book/etc) Store

Suggested Use

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

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

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level retail space is paired with two upper floors, including an unfinished third floor.
Where is this mixed-use property located?
The property is located at 225 E Main St Madison, IN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 2,745 sq ft mixed‑use building with three stories; Built in 1900; Main floor currently operates as a t‑shirt shop
More about this property
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