$425,000

845 W Main Street, Madison, IN 47250

  • 2 beds |
  • 1 bath |
  • 3,412 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $125/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptional mixed-use investment opportunity in the heart of Historic Downtown Madison. This classic two-story brick storefront offers outstanding visibility and multiple income-producing possibilities in a prime Main Street location. The main level features approximately 1,700 square feet of retail or commercial space, ideal for a boutique, office, gallery, or specialty business. Above, the second floor showcases a distinctive 2-bedroom, 1-bath apartment with views overlooking Main Street—perfect for rental income or owner occupancy. A detached 720-square-foot brick garage at the rear of the property provides additional revenue potential, workshop space, or vehicle storage. Just steps from local shops, dining, schools, and Madison’s scenic Ohio Riverfront, this property blends historic character, versatility, and prime location—an outstanding opportunity for investors or entrepreneurs alike.

Listing Status:
Active
Data Last Updated:
April 4, 2026 at 8:21PM
Listing Office:
F.C. Tucker/Scott Lynch Group : 812-265-3122
MLS ID:
202606019
  • General: Ceiling Fan(s)
  • Appliances: OvenRangeRefrigerator
  • Laundry: Laundry ClosetUpper Level
  • A/C: Central Air
  • Heating: Forced Air
  • Fireplace: DecorativeFireplaceFireplaces: 1
  • General: Garage(s)
  • Style: Two Story
  • Other Structures: Garage(s)
  • Parking: DetachedGarage
  • Roofing: Metal
  • General: BrickFrame2Cellar
  • Road/Access: Paved
  • Originating MLS: SIRA_SIRA
  • County: Jefferson_IN
  • Zoning: ResidentialCentral Busin011-04449-00 40 FT W SIDE LOT 3 H & G ADD W 11-144-22 845 W Main St391303121014000007
  • Water: ConnectedPublic
  • Sewer: Public Sewer
  • Source: SIRA_SIRA

This listing courtesy of F.C. Tucker/Scott Lynch Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lydia Middleton Elementary School

714 W Main St, Madison, IN, 47250

Grades PK-4

0.27 miles away

E

E.O. Muncie Jr/Sr High School

800 Lanier Dr, Madison, IN, 47250

Grades 7-12

1.82 miles away

E

E.O. Muncie Jr/Sr High School

800 Lanier Dr, Madison, IN, 47250

Grades 7-12

1.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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  • 3 bed |
  • 2 bath |
  • 2,986 sqft |
  • 0.38 acre lot
402 Fairmount Drive Madison, IN 47250

#202606884 - F.C. Tucker/Scott Lynch Group