Bar and Entertainment
313 E First Street, Madison, IN 47250
For Sale
New
$825,000
COMMERCIAL, Madison, IN
Property SizeContact for details
Lot Size0.16 Acres
Days on Market1
Property Features for 313 E First Street
General Information
Property type
Property subtype
Lot features
Directions
Subdivision
Standard status
APN
Lot size
Tenancy & Operations
Currently Operating
Business Included
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Cooling system
Building Details
Year built
Flooring type
Roof type
Listing Agency:
Hunley Real Estate, Inc.
(812) 847-7777
Listed By:
Douglas Camden · License IN RB24001738
(812) 798-9231
Added: Nov 10
Last Checked: Nov 10 at 1:06PM
MLS# 202646233
Copyright © 2026 Bedford Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This Madison property combines bar and entertainment space with an upstairs studio apartment. Customer areas include both indoor and outdoor seating, with separate bar service areas, storage, and a parking lot. The sale includes the real estate, furnishings, fixtures, equipment, and inventory, subject to seller exclusions. The parcel measures 0.16 acres, and the building dates to 1900.
Located in downtown Madison near the Ohio River and downtown attractions, the property has operated as a saloon and gathering place. The studio apartment offers an additional residential component within the building, while extra storage supports the business.
Located in downtown Madison near the Ohio River and downtown attractions, the property has operated as a saloon and gathering place. The studio apartment offers an additional residential component within the building, while extra storage supports the business.
Key Highlights
- Bar and entertainment property in downtown Madison
- 0.16‑acre parcel; building constructed in 1900
- Indoor and outdoor customer seating, bar service areas, and storage
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
722
Businesses Nearby
22k
Monthly Visits Nearby
Well-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
0.2 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
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Rivercrest Lighthouse Marina Restaurant and Lounge — 375 W Vaughn Dr, Madison, IN 47250
- First Street Country Saloon — 313 E 1st St, Madison, IN 47250
- Shipley's Tavern — 322 West St, Madison, IN 47250
- Moose lodge — Madison, IN 47250
- Mad Paddle Brewstillery — 301 West St, Madison, IN 47250
Frequently Asked Questions
What type of property is this?
Bar & Pub - The upper level contains a studio apartment alongside additional business storage.
Where is this bar & pub located?
The property is located at 313 E First Street Madison, IN.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Bar and entertainment property in downtown Madison; 0.16‑acre parcel; building constructed in 1900; Indoor and outdoor customer seating, bar service areas, and storage
