301 & 307 West Street Madison, IN ^$ 1,295,000

301 & 307 West Street

^$ 1,295,000

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301 & 307 West Street

Madison, IN, 47250

^$ 1,295,000

Studio Baths0.0 Sq 22,004

Monthly Estimate*

^$ 9,046

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Studio

Commercial Property for sale in Madison, IN

for $1,295,000. This 22,004 square foot building was built on a lot size of 0.289991.

Great opportunity to own the Award Winning Mad Paddle Brewstillery in Historic Downtown Madison, Indiana. Mad Paddle offers a turnkey operation with an active brewery, distillery, 3-way liquor licenses, growing line up of branded beer and spirit products. This is an asset sale, to include all real estate, 2 parcels and all assets currently owned and used in conjunction with owning and running this business including: equipment, fixtures, licenses, goodwill, trade secrets, telephone numbers and inventory. 1939 Chevy Truck, golf cart and hot tub are negotiable. See attached documents for more information. 301 West Street Real Estate only $895,000. No furniture, fixtures, equipment, inventory or business items. 301 & 307 West Street Real Estate only $995,000.

Commercial Active

Price

^$ 1,295,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 9,095

Style

Business

Lot Size

0.289991

Town/City

Madison

County/Region

Jefferson

MLS | Web ID

2022012115

Features

General

Township Madison

Property SubType Business

Current Use HotelMotel Other Restaurant Retail SpecialUse

Business Type Hospitality Restaurant

Additional Parcels Description 391302213059000007

County Jefferson_IN

New Construction No

Property Type CommercialSale

Status Active

Directions From 304 Jefferson Street turn right on E Second St. Property sits on the corner of Second and West.

City Madison

Total Units 0

MLS Area Downtown

Lot Size Square Feet 12632.4

Street Name West

Tax Annual Amount 9095.0

Property Condition Resale

Days on Market 598

Standard Status Active

Property Sub Type Additional Business Retail Other SpecialPurpose

Exterior

Lot Size Area 0.29

Building Area Total 22004.0

Lot Size Acres 0.29

Other Parking On Street

Lot Size Units Acres

Lot Size Source Assessor

Interior

Street Suffix Street

Internal Only

Street Number 1 301

* Excluded Features

List By

Jim Pruett

Listing Agent

Exp Realty, Llc

Broker

jimpruett@jimpruett.com

Affordability Calculator

$9,804

Per Month

Monthly Principal & Interest: $9,046
Monthly Property Taxes: $758
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Madison, IN

Average List Price ^$710,257

Percent of Sale Price 45%

About Madison, IN

11,653 Population

-2% Since 2002

^$46,103 Median Income

42.57 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1120661 Elementary School

1120959 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/10/2024	$1,295,000	-6.83%	Price Down
4/26/2024	$1,390,000		Listed Price

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301 & 307 West Street, Madison, IN, 47250 is a Commercial Property for sale at $1,295,000 with 22,004 sqft and a lot size of 0.289991. 301 & 307 West Street is a studio with 0.0 baths. The property's zip code is 47250 which is in Madison, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The information being provided by Southern Indiana Realtors Association is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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301 & 307 West Street

Commercial Property for sale in Madison, IN

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