For Sale
$369,900

316 Main StMadison, IN 47250

Historic Italianate Commercial Building

Overview

Added:
Feb 3
Days on market:
61
This stunning Italianate-style commercial building, constructed circa 1870, presents a unique investment opportunity in the heart of Madison, IN. Located at 316 W Main Street, this property boasts a total of 6,337 square feet spread across three levels on a 0.08-acre lot. The expansive first floor offers approximately 3,140 square feet of adaptable space, ideal for a variety of retail or office uses. Its high ceilings and original architectural details create a captivating atmosphere. The second floor, currently configured as storage, provides an additional 3,197 square feet with significant potential for expansion or repurposing to meet your specific business needs. This could easily become additional retail space, office space, or even residential units. Adding to its appeal, a comfortable apartment on the third floor offers both convenience for the owner and the possibility of generating rental income, enhancing the overall return on investment. Priced at $369,900, this property represents a rare chance to acquire a piece of Madison's rich history and capitalize on its vibrant commercial landscape. The building's prime location on Main Street ensures high visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. Don't miss this exceptional opportunity to own a piece of Madison's heritage.

Property Details for 316 Main St

Property type
Retail properties
Square Feet
6,337 SF
Year Built
1934
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Madison
County
Jefferson_IN
State
Indiana
Latitude
38.73687
Longitude
-85.38258
316 Main St, Madison, Indiana

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316 Main St
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