Live - Work Space

Madison, IN Live-work Space for Sale

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Three-Story Mixed-Use Building
Updated: Sep 9
Three-Story Mixed-Use Building

225 E Main St, Madison, IN 47250

$275,000
2,745 sqft
2,745 sq ft mixed‑use building with three stories
Built in 1900
Main floor currently operates as a t‑shirt shop
Second floor provides additional usable space
Third floor is unfinished for buyer customization
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Decagonal Glass-and-Stone Mixed-Use Property
Decagonal Glass-and-Stone Mixed-Use Property

2303 Watterson Trail, Louisville, KY 40299

$1,750,000
7,406 sqft 1.38 AC lot

Three-level configuration combines professional offices, residential quarters, landscaped grounds, and gated parking.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

331 Vincennes St, New Albany, IN 47150

$269,900
1,716 sqft

Commercial salon space is paired with a separately entered apartment and rear parking pad.

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

1807 Brownsboro Rd, Louisville, KY 40206

$1,200,000
3,264 sqft 0.13 AC lot

C1-zoned building with four private suites, office areas, and approval for a 16-person Airbnb.

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Renovated Medical Office Space
Renovated Medical Office Space

1600 State St, New Albany, IN 47150

$255,000
1,532 sqft

Mixed-use zoning, separate entrances, and accessibility features accommodate commercial or live/work use.

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Madison, IN Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Madison, IN on our real estate platform. These investment opportunities span a total of 2,745 square feet of properties for sale, with an estimated market value of $275,000.

Sale prices for live-work properties in Madison, IN average $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 6

Demographics Overview

Population 23K
Population Growth (5Y) +4.7%
Median Household Income $56,667
College Educated 25.8%

High-Yield Neighborhoods for Investment

Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47250 $899K

Taxes & Financing

Tax Rate (average for all types) 2.59%
Property Tax per SF $39.41 per SF
Average Loan-to-Value 65.0%

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