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Property profile & analytics

323 Main St Madison, IN 47250

  • Commercial real estate
  • 13,608 SF
  • 0.16 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-1614706
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • East Main Lofts / Hotel & Motel
  • Madison's Kitchen / Bakery / Specialty Food Shop

Property Details for 323 Main St

Year built
1900
Construction
WOOD
Lot size
0.16 lot acres
Property size
13,608 SF
Property type
Commercial real estate
APN
39-13-02-123-002.000-007
APU
391302123002000007

Description

This exceptional retail opportunity is located at 323 E Main Street in the heart of historic downtown Madison, Indiana. The property boasts over 3,400 square feet of ground-floor commercial space, ideal for a variety of retail ventures. A significant advantage is the inclusion of a fully equipped commercial kitchen, perfect for businesses requiring food preparation or catering services. The building's strategic location on East Main Street ensures high visibility and foot traffic, capitalizing on the vibrant atmosphere of Madison's historic district. Adding to the property's appeal is the option to lease an additional garage space located at the rear of the building, providing valuable storage or parking possibilities. The upper floors of the building house luxury short-term rentals, further enhancing the area's bustling commercial activity. This property presents a unique chance to establish a thriving business in a desirable and well-established location. The 0.16-acre lot provides ample space for outdoor seating or other business-related activities, subject to local zoning regulations. This is a rare opportunity to secure a prominent retail space in a thriving Indiana town. The asking price is $3,400. Contact us today to schedule a showing and explore the potential of this remarkable property.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Madison
County
Jefferson
State
Indiana
Longitude
-85.3762
Latitude
38.7366
CBSA code
31500
CBSA name
MADISON, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,995
$34,300
$132,200
$166,500
-
$34,300
$132,200
$166,500
More about this property
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