Property summary
This exceptional commercial property, located at 702 W Main St in Madison, Indiana, presents a unique investment opportunity. Priced at $444,500, this two-story brick building sits on a prominent corner in Madison's historic downtown, recently lauded as the "Best Small Town in the Midwest." The building offers a versatile live-work space, featuring a ground floor commercial area with an attractive wrought iron entry, and a separate private staircase leading to the upper residential level. … Both the upper and lower levels have undergone recent remodeling. The upstairs apartment includes appliances and a washer/dryer. Currently, the building includes two one-bedroom apartments on the first floor, each equipped with appliances, and are rented on a month-to-month basis, allowing a new owner flexibility to adjust occupancy to suit their business needs. The upper level offers endless possibilities, adaptable for retail, professional office space, or additional residential units. This prime location places the property within easy walking distance of all downtown Madison amenities. Please note that the sale is subject to existing tenant rights, and 24-hour notice is required for all showings. The property's address is 702 W Main St, Madison, IN 47250.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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