108 Main StMadison, IN 47250
- Commercial real estate
- 8,436 SF
Property Details for 108 Main St
- Year built
- 1900
- Construction
- WOOD
- Lot size
- 0.06 AC
- Property size (Sq ft)
- 8,436 SF
- Property type
- Commercial real estate
- APN
- 39-13-02-214-060.000-007
- APU
- 391302214060000007
Description
This exceptional 4,700 square foot retail property is situated on a 0.06-acre lot at 108 E Main Street in the charming town of Madison, Indiana – recently recognized by USA Today as the Best Small Town in the Midwest. The main floor boasts a spacious, open layout perfect for a variety of retail uses, enhanced by large display windows that maximize street visibility. A convenient bathroom and kitchenette are also included on the main level. Adding to its versatility, a separate entrance leads to a sizable second-floor space. This area features a large great room and 1.5 bathrooms, offering potential for owner-occupied living quarters or additional commercial use. The property's prime location in the heart of historic Madison ensures high foot traffic and visibility, making it an ideal opportunity for a business seeking to thrive in a vibrant and growing community. The square footage is approximate. In addition to purchase, lease options may be available. Don't miss this chance to become part of Madison's thriving downtown scene.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,611,264
- Hospitality
- $1,475,909
- Educational
- $1,227,939
- Medical
- $1,270,170
- Retail
- $1,910,127
Location Insight
- City
- Madison
- County
- Jefferson
- State
- Indiana
- Latitude
- 38.736
- Longitude
- -85.3799
- CBSA code
- 31500
- CBSA name
- MADISON, IN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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