845 Main StMadison, IN 47250

For Sale
$319,900

Prime location, income potential, two-story brick building.

Overview

Added:
Feb 3
Days on market:
37
This exceptional commercial/residential investment opportunity is situated in the heart of historic Madison, Indiana, at 845 W Main Street. The property boasts a substantial two-story brick storefront, offering versatile income streams. The main level comprises approximately 1700 square feet of retail space, ideal for a variety of businesses. Its prime location ensures high visibility and foot traffic, benefiting from proximity to shopping, dining, and local schools. Upstairs, a spacious 1700 square foot, two-bedroom apartment overlooks Main Street, providing additional rental income potential. The apartment's location offers residents a vibrant and convenient lifestyle. Adding to the property's appeal is a detached 720 square foot brick garage located at the rear of the 0.08-acre lot. This structure presents further income possibilities, whether used as additional storage, workshop space, or rented out separately. The combination of retail space, residential apartment, and detached garage makes this a unique and lucrative investment opportunity in a highly desirable location. This property is ready for a discerning investor to capitalize on its significant potential. The building's solid brick construction ensures durability and longevity, promising a stable and rewarding investment for years to come.

Property Details for 845 Main St

Property type
Retail properties, Other retail properties
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Madison
County
Jefferson_IN
State
Indiana
Latitude
38.7385
Longitude
-85.39293
845 Main St, Madison, Indiana

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845 Main St
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