227 W Main Street Madison, IN 47250

Incredible opportunity in the heart of Historic Downtown Madison! This prime Main Street location offers endless potential for investment and rental income. The first floor is currently used by the sellers as an antique shop. The back portion of the main level, with its own private entrance, offers flexibility to be converted into an additional retail space or a separate apartment. Upstairs, two exterior entrances lead to the second floor, which connects to the third floor via dual staircases ideal for creating two multi-level townhomes, as originally envisioned by the seller. The building includes four separate electric meters and a newer electric heat pump servicing the main floor. Off-street parking adds convenience, and many building materials will remain with the property. Great investment in a high-traffic, high-visibility area! List of building materials and floor plans available.