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313 E First Street Madison, IN $ 825,000
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$ 825,000 Get more info
313 E First Street
$ 825,000
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313 E First Street

Madison, IN, 47250
$ 825,000
Bedrooms-- Baths2.0 Sq 3,526

Monthly Estimate*

$ 5,698

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Commercial Property for sale in Madison, IN

for $825,000 with 2 full baths. This 3,526 square foot building was built in 1900 on a lot size of 0.16.

Excellent opportunity to acquire turn-key, profitable business with verifiable cash flow. This established bar and entertainment venue is located in historic downtown Madison, Indiana. Situated in a high-visibility location near the Ohio River and downtown attractions, the property is currently operated as a saloon/bar and gathering place. Sale includes real estate, furnishings, fixtures, equipment, and inventory, except for any seller exclusions. The property offers indoor/outdoor customer seating, bar service areas, storage space, parking lot, and an established presence within Madison's vibrant tourism and entertainment district. Upstairs you will find a well-appointed studio apartment with extra storage for the business and additional income or living space for the new owners. Financial information available to qualified buyers upon execution of a confidentiality agreement.

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Commercial Active

Price

$ 825,000

Full Bath

2

Property Type

Commercial

Taxes

$ 3,630

Style

Restaurant/Bar

Lot Size

0.16

Year Built

1900

Town/City

Madison

County/Region

Jefferson

MLS | Web ID

202646233
Features
General
Heating Gas
Cooling Central Air Multiple Cooling Units
Ceiling Height 20
Roof Rubber
Parking Yes Gravel Lot Street
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 2
Year Built 1900
New Construction No
Subdivision None
Stories Count 2
Township Madison
Class COMMERCIAL
Present Use Investment Property Bus. Included w/Property
Type Restaurant/Bar
Age 126
Business Name 1st St Saloon
Special Features Living Space Public Restrooms Refrigeration/Freezer
REO No
Status Detail 0
Area Jefferson County
Location City Commercial Historic District
City Madison
Legal Description Split 011-04015-00 Pt Lots 118 & 119 O T & Pt NE 1/4 2-3-10 1720 sqft Pt Lot 119 202+ Jefferson Street
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202646233
Agent First Name Douglas
Agent Last Name Camden
DOM 0
Tax Year 2026
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Exterior
Road Access City
Exterior Brick
Driveway Gravel
Lot Size Area 6970
Lot Dimensions .16 acres
Parking Type gravel
Fence Wood
Water Features None
Waterfront Y/N No
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Interior
Flooring Concrete
Basement/Foundation Slab
Walls Other
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* Excluded Features
List By
Douglas Camden

Listing Agent

Hunley Real Estate, Inc.

Broker

camdend2007@gmail.com

Email

Affordability Calculator

$6,001
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,698
Monthly Property Taxes
$303
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1237469 Elementary School
1237627 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/10/2026$825,000 Listed Price

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313 E First Street, Madison, IN, 47250 is a Commercial Property for sale at $825,000 with 3,526 sqft and a lot size of 0.16. 313 E First Street has 2.0 baths and was built in 1900. The property's zip code is 47250 which is in Madison, IN

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