323 E Main Madison, IN 47250
9 Beds
10 Baths
11,004 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 11,004 sqft
Price per Sqft $145
MLS Listing ID 202508423
Style Three Story
Bedrooms 9
Full Baths 9
Half Baths 1
Construction Status Resale
Abv Grd Liv Area 10,206
Year Built 1900
Annual Tax Amount $4,600
Lot Size 0.323 Acres
Acres 0.323
Property Sub-Type Residential
Property Description
Welcome to a once in a lifetime investment opportunity in the heart of Historic Downtown Madison; proudly recognized by USA Today as "The Best Small Town in the Midwest. This stunning 3 story mixed use property blends timeless charm with modern sophistication and multiple income streams.
Property Highlights: Prime Main Street location. Complete Renovation (2021-2023). Retail Tenant in place with multiple year contract. Basement potential, Second Floor furnished mini suites for short- and long-term rentals, 2 of which are corporate rentals in place. Top Floor Penthouse suite with 5 bedrooms and 4 bathrooms. All units generating income. Whether you're a savvy investor, operator, or visionary entrepreneur, this rare property offers exceptional flexibility and upside in one of the Midwest's most desirable small-town destinations.
www.eastmainlofts.com
Location
State IN
County Jefferson_ I N
Area Downtown
Zoning Commercial
Direction Heading East on Main St downtown Madison, Property is directly across from Jefferson County Courthouse.
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central Air, Wall Unit(s)
Fireplaces Number 1
Fireplaces Type Decorative
Fireplace Yes
Laundry Laundry Room, Upper Level
Exterior
Parking Features Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Connected,Public
Roof Type Shingle
Building
Entry Level Three Or More
Sewer Public Sewer
Water Connected, Public
Architectural Style Three Story
Level or Stories Three Or More
Additional Building Garage(s)
New Construction No
Construction Status Resale
Others
Tax ID 391302123002000007
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional