845 W Main Street, Madison, IN 47250

$324,000
2
BD
1
BA
3,412
SqFt
Sold Price
$324,000
List Price
$425,000
Status
CLOSED
Days on Market
49
Closing Date
May 22, 2026
MLS#
202606019
Subtype
Residential
Style
Two Story
Architectural Style
Two Story
Year Built
1900
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
3,412
Lot Size
3,484
Acres
0.08
MLS Area Major
Downtown

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.

Additional Information

Interior Features
Ceiling Fan(s)
Taxes
$2,356
Property Description
Two Story
Zoning
Residential, Central Busin
Appliances
Oven, Range, Refrigerator
Heating
Forced Air
Air Conditioning
Central Air
Stories
2
Levels
Two
Roof
Metal
Foundation
Cellar
Parking Features
Detached, Garage
Garage Spaces
1

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Listing courtesy of F.C. Tucker/Scott Lynch Group. Selling Office: F.C. Tucker/Scott Lynch Group.