709 W Main St - Restaurant FOR SALE


Madison, IN 47250
$725,000 USD
513-226-6709
709 W Main St, Madison, IN for Sale
$725,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

709 W Main St
Madison, IN 47250


HIGHLIGHTS

  • Kim Kennard Mad Love Eat+Drink (513) 226-6709 (p) | (513) 226-7674 (m) madlovemadison@outlook.com

OVERVIEW

Unlimited Potential + Turnkey + Boredom CURE + Great Staff Established, SUCCESSFUL, destination restaurant in a cool historic town located on Main Street a few blocks from the Ohio River. Madison Indiana IS Indiana’s Music City and MAD LOVE eat + drink is a music and art themed restaurant that has a great local following along with being a visitor’s destination. We are currently open 24 hours a WEEK (not a day) - UNLIMITED GROWTH POTENTIAL. We are selling BOTH the turn-key restaurant and the Property (which includes a coveted State 3-way liquor license). The real estate has a separate lot in the back that can be sold separately. We currently use the upstairs for storage but could easily be converted into owners living quarters (originally set up as an apartment). We have a great reputation (4.7 Google 406 reviews). Madison, Indiana is a hidden GEM, we LOVE this town and want the new owners to fall in love too. a little more info.... Well maintained Historic Building on Main Street; 3 way IN State Liquor license (VERY LIMITED!), 44 (or more) seats inside (includes 6 bar stools and granite bartop new in 25), 45 + seats outside covered plus artificial turf/beer garden area, Equipment well maintained & replaced as needed (stove/oven, 3 freezers, 3 refrigerator, 2 cold stations, prep tables, walk-in, hood system, fryer, chargill, panini press, beer kegs (10 taps), beer cooler, wine cooler, glassware, smallwares, cookware, three bay sink, sound system, tables/chairs, etc..) Competition: Prime location on Main Street - ONLY restaurant in town with covered outdoor dining Strong Brand/reputation + Current ratings (Google 4.7/406 reviews and Yelp 4.6/82 reviews) We are open 24 hours a week Wed 5-8, Thurs/Fri 11-2 + 5-8 and Saturday 11-8 (no door dash or online) Visit Madison, Main Street Madison and other Madison Non-profits helps promote local businesses: https://issuu.com/visitmadison601/docs/experience_madison_indiana_guide_2025_final https://issuu.com/visitmadison601/docs/2024_visit_madison_indiana_annual_report Growth & Expansion: Unlimited - we have only sold limited merchandise, but there is a demand. Expanded Hours/days - online/delivery services https://visitmadison.org/ https://www.madisonmainstreet.com/

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

MADLOVE eat + drink

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1875

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,948 SF

ZONING

C

APN/PARCEL ID

39-13-03-111-012-000-007

ASK ABOUT THIS PROPERTY

Kim KennardMad Love Eat+DrinkMore Info
513-226-6709

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Kim KennardMad Love Eat+DrinkMore Info
513-226-6709

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.