313-315 Mulberry Street, Madison, IN 47250

$515,000
12
BD
3
BA
4,960
SqFt

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List Price
$515,000
Status
ACTIVE
MLS#
202608867
Bedrooms
12
Full-baths
3
Sq. Ft
4,960
Acres
0.04
Year Built
1900

Property Description

Exceptional investment opportunity in the heart of historic downtown Madison! These two contiguous buildings offer three stories featuring over 1700sqft of open retail space combined with a total of 12 bedrooms, 3 bathrooms, a main floor office, and dedicated laundry room space. Out your front door overlooks the area beside the iconic Kindness Mural and Bicentennial Park, with convenient golf cart parking, newly renovated public parking areas, and updated streetscapes just outside your door. Main level on 313 has large open room that could be used for multiple types of business. Located in the center of booming downtown Madison, you are only steps away from shopping, restaurants, festivals, riverfront attractions, and everything this charming historic town has to offer. Whether you are looking for long-term rentals, short-term rental potential, employee housing, or a mixed-use investment, the possibilities are endless. Rare opportunity to own a large footprint in one of Indiana’s most desirable downtown districts.

Additional Information

Style
Three Story
Foundation
Crawlspace, Stone, Cellar
Exterior Features
Balcony
Appliances
Dryer, Freezer, Microwave, Refrigerator, Washer
Basement
Crawl Space
Cooling
Window Unit(s), Wall/Window Unit(s)
Heating
Space Heater
Sewer
Public Sewer
Water
Connected, Public

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Harrell & Asso.