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Property profile & analytics
OFF-MARKET
Commercial real estate

108 Main St Madison, IN 47250-3411

8,436 SF 0.06 ac lot Built 1900
Individually Owned Absentee Owner Free & Clear
Property ID
US31-1774216
Property summary
AI-generated overview

This exceptional 4,700 square foot retail property is situated on a 0.06-acre lot at 108 E Main Street in the charming town of Madison, Indiana – recently recognized by USA Today as the Best Small Town in the Midwest. The main floor boasts a spacious, open layout perfect for a variety of retail uses, enhanced by large display windows that maximize street visibility. A convenient bathroom and kitchenette are also included on the main level. Adding to its versatility, a separate entrance leads to a sizable second-floor space. This area features a large great room and 1.5 bathrooms, offering potential for owner-occupied living quarters or additional commercial use. The property's prime location in the heart of historic Madison ensures high foot traffic and visibility, making it an ideal opportunity for a business seeking to thrive in a vibrant and growing community. The square footage is approximate. In addition to purchase, lease options may be available. Don't miss this chance to become part of Madison's thriving downtown scene.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction WOOD
Total area 8,436 SF
Lot 0.06 ac (2,787 SF)
APN 39-13-02-214-060.000-007
UPID US31-1774216
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • James Dell Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
JOHANNA J COBLE
JOHANNA J COBLE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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