412 Madison Avenue, North Vernon, IN 47265

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Sold Price
$550,000
List Price
$575,000
Closing Date
Jun 30, 2026
MLS#
22072518
Property Type
Commercial Sale
Sqft. of Residence
10,824
Year Built
1972
Days on Market
225
Status
SOLD

Property Description

Unlock an extraordinary opportunity to own a highly versatile commercial property perfectly positioned at the entrance of Tripton Park, one of North Vernon's most scenic community destinations. Surrounded by walking trails, a disc golf course, a serene pond, and an amphitheater, this building offers unmatched visibility and peaceful natural surroundings; a rare blend ideal for a destination business. Offering nearly 11,000 sq. ft. of usable space, this property provides limitless potential for redevelopment or immediate use. The main level features two restrooms, a private dining room, a spacious primary dining room with access to an outdoor seating deck overlooking the park, and a full commercial kitchen. Whether reimagined as a brewery, cafe, or wellness/fitness concept, the layout supports a wide range of commercial uses. The impressive walk-out basement spans the full footprint of the building and showcases beautiful park views. This level is perfectly suited for expansion of office suites, a studio, storage, or other income-producing options. Previously home to a local restaurant, the infrastructure is already in place for food service or hospitality operations; yet the flexible design invites reinvention. With high daily traffic from park visitors, strong community visibility, and unparalleled natural surroundings, the possibilities are limited only by your vision.

Additional Information

Acres
1.18
Region
Center

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Calculator source: Real Geeks

Listing courtesy of F.C. Tucker Real Estate Experts. Selling Office: Coldwell Banker Martin Miller Lamb.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative