261,360 Square Foot Multi-Family Space For Sale @ 600 E Vaughn Dr

DOWNTOWN MADISON- Been there? If not, you need to check out the links I have added and you will undoubtedly want to visit and may end up staying there for the rest of your life. Plenty to do and see with wineries, boutique shops, antiques, music, art, plays, eateries, coffee, ice cream, bars and pubs, museums, other neat and unusual places plus a visitors center. The main building is a 4 story, almost 90,000 sq ft waiting for your rehab project as condos, boutique hotel, multi-family all of which could offer some of the greatest space in all of Downtown Madison with the added features of mixed use approach with restaurants, shops and more. This is an approximate 6 acre site that could be as it is or possibly add a building or 2 and keep all of the other structures as well (with an approved plan). New Duralast roof in 2009. Indiana tax credit filed for the Industrial Recovery Tax Credit (IRTC) before Jan 2015 changes allowing for more tax credits. The City is positioned to provide some assistance with infrastructure and other needs that a Developer would need to make this a economically feasible project. The main building was built in about 1887 and is known locally as the Eagle Cotton Mill. It has a fantastic rive view, 320 linear feet of riverfront where you can watch or get involved in one of the many local events that draw in 10,000-150,000 people plus. Watch a modern day riverboat land out front bringing Ohio River water travelers to town. The entire Downtown is on the registry of Historic Places. There is a bike route & riverfront walking is very popular. This is clearly a "quality of life" development that could draw folks in from afar. They also just replaced the previous bridge with a new $130m bridge connecting Madison and Milton KY and you can easily walk across as they added a pedestrian walkway on the side. There are so many things going on in Madison as the City works to draw more folks to Madison to live and play. City officials have just finalized the new comprehensive plan and they are eager to get everything moving and growing the area. So check out www.Visitmadison.org, try the Farmers Market when in season, participate in the Madison Area Arts, talk to the Madison Main Street representative about preservation and promotions of local events. Hot off the press- Madison is 1 of 6 Cultural Districts in the Sate of Indiana. Madison is currently in the running and has been selected as 1 of 8 finalists for the America's Best Communities Competition 2017. Lots more to say but the best way to get a feel for what this place could be- visit soon!