243 Madison Ave Greenwood, IN 46142

This exceptional 5,234 square foot retail property, situated on a generous 1.88-acre lot, presents a rare opportunity in the heart of Greenwood's vibrant Old Town riverfront district. Constructed around 1850, this iconic building has undergone a complete and meticulous rehabilitation. Improvements include a brand-new roof, a state-of-the-art HVAC system, over 100 newly installed windows, and fully updated electrical and plumbing systems. The property also boasts a powerful generator for reliable power, a substantial 140' x 80' concrete pad perfectly suited for outdoor events, and a large dining tent equipped with electricity. A sizable basement provides ample storage space. Its prime location offers significant potential for a variety of uses, including an event center, a charming bed and breakfast, continued use as retail or office space, or even redevelopment into a multifamily residential complex. This is a unique chance to acquire a piece of Greenwood's rich history and capitalize on the continued growth of Old Town. The asking price is $2,399,000.