227 W Main Street Madison, IN 47250
0.07
Acres
$350,000
MLS# 205190
0
0.07 AC
Received 06/05/2025
More About 227 W Main Street
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. Sellers are working on a list of those. Great investment in a high-traffic, high-visibility area!
Connect with a loan officer to get started!
Information Refreshed: 6/05/2025 3:47 PM
Property Details
MLS#:
205190Type:
RetailCounty:
JeffersonBasement:
PartialConstruction:
BrickCooling:
Central AirFlooring:
Vinyl, WoodGas:
NaturalHeat:
Heat PumpParking:
Gravel, Onsite, On Street, Private, 2 + UnitSewer:
Public SewerWater:
Public
This listing courtesy of Jim Pruett (812) 274-0660 , Exp Realty (866) 212-4991
Explore Madison & Surrounding Area
Monthly Cost
Mortgage Calculator
*The rates & payments shown are illustrative only.
Payment displayed does not include taxes and insurance. Rates last updated on 6/5/2025 from Freddie Mac Primary Mortgage Market Survey. Contact a loan officer for actual rate/payment quotes.
Payment displayed does not include taxes and insurance. Rates last updated on 6/5/2025 from Freddie Mac Primary Mortgage Market Survey. Contact a loan officer for actual rate/payment quotes.

Sell with Sibcy Cline
Enter your address for a free market report on your home. Explore your home value estimate, buyer heatmap, supply-side trends, and more.
Must reads

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the Southeastern Indiana MLS (SEIMLS).Those listings held by brokerage firms other than Sibcy Cline, Inc. are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. Copyright© 2022 Southeastern Indiana MLS (SEIMLS). Information deemed reliable, but not guaranteed.