Flex Space With Commercial
For Sale
$575,000
412 South Madison Avenue, North Vernon, IN 47265
Flexible commercial layout includes dining areas, two restrooms, park-facing deck, and a full commercial kitchen.
Property Size10,824 SF
Price / SF$53.12
Days on Market383
Property Features for 412 South Madison Avenue
General Information
Standard status
Active
Size
10,824 SF
Property subtype
Commercial Sale / Mixed Use
Zoning
Commercial
Additional Details
Patio
Yes
Building Details
Year Built
1972
Buildings
1
Stories
1
Listing Agency:
F.C. Tucker Real Estate Experts
(812) 418-8522
Listed By:
Jessica Risacher · License #RB14050361
(812) 418-8522
Source:
Compass
Added: Aug 13, 2025
Changed: Aug 29
Last Checked: Mar 25 at 6:15PM
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 Real Estate Experts
Investment Insights
Based on property information with market context.
This flex-space property at 412 S Madison Ave includes nearly 11,000 sq. ft. of usable space across a main level and a full-footprint walk-out basement. The primary level contains two restrooms, a private dining room, a larger dining area, an outdoor seating deck facing the park, and a full commercial kitchen. Existing food-service infrastructure supports continued hospitality use, while the configuration can accommodate other commercial concepts.
The building sits at the entrance to Tripton Park, with views toward the park and access to surrounding walking trails, a disc golf course, pond, and amphitheater. The lower level offers additional room for office suites, studio space, storage, or other commercial functions. The property previously operated as a restaurant, providing a layout suited to both food service and broader flex-space applications.
The building sits at the entrance to Tripton Park, with views toward the park and access to surrounding walking trails, a disc golf course, pond, and amphitheater. The lower level offers additional room for office suites, studio space, storage, or other commercial functions. The property previously operated as a restaurant, providing a layout suited to both food service and broader flex-space applications.
Key Highlights
- Nearly 11,000 sq. ft. of usable commercial space
- Full commercial kitchen with existing food‑service infrastructure
- Main level includes two restrooms and multiple dining areas
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
541
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 47265, IN
20,074
Population
8,862
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
185.6 sq mi
ZIP Area
108
Density / Sq Mi
$65,877
Median Household Income
$40,549
Median Earnings
$916
Median Rent
$143,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial layout includes dining areas, two restrooms, park-facing deck, and a full commercial kitchen.
Where is this flex space located?
The property is located at 412 South Madison Avenue North Vernon, IN.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Nearly 11,000 sq. ft. of usable commercial space; Full commercial kitchen with existing food‑service infrastructure; Main level includes two restrooms and multiple dining areas
