Current Use by Public Records
- Specialty properties
Property Details for 3400 In-56
- Year built
- 1996
- Lot size
- 0.48 lot acres
- Property type
- Specialty properties
- Property subtype
- Day care centers
Description
This 1,984-square-foot mixed-use property, located at 3400 IN-56 in Madison, Indiana, presents a unique investment opportunity. Built in 1996 and renovated in 2012, the single-story building sits on a 0.48-acre lot and offers ample parking with 10 spaces. Previously used as a medical office, the space is currently vacant and ready for immediate occupancy or customization. The layout includes a spacious main waiting room (30' x 12.6'), two restrooms, an office and lab room (11' x 12.6'), three patient rooms, a nurses' station, a kitchenette/break area, storage, and additional office space (12' x 21'). The property is zoned for commercial/mixed use, providing flexibility for a variety of businesses. Its convenient location between Hanover and Madison offers excellent visibility and accessibility. The asking price is $215,000, translating to $108.37 per square foot. This property is owned by FAS Properties Inc. and offers significant potential for a savvy investor seeking a versatile space in a desirable location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Jefferson
- State
- Indiana
- Longitude
- -85.4508
- Latitude
- 38.7362
