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Investment Highlights
- Expansive Retail Footprint
- The LEAP Innovation District
- Future Infrastructure Upside
- Proven Retail Location
- Suburban Connectivity
Executive Summary
108 E Madison Street represents a fantastic commercial investment opportunity in the heart of Kirklin's historic downtown core. This expansive 3,952-square-foot property is currently operating as an antique and collectibles retail business. Benefiting from recent building enhancements and positioned in a prime location just one block from Main Street, the property sits squarely in central Indiana's expanding northern growth corridor. With its massive retail footprint and strategic proximity to major regional economic hubs, this property is perfectly positioned for an owner-user or investor looking to capitalize on Kirklin's charm and the surrounding area's rapid development.
Property Highlights Expansive Retail Footprint: The property boasts an impressive 3,952 square feet of commercial space, offering vast potential for retail, specialty shop, or mixed-use configurations.
Proven Retail Location: Currently occupied by an active antique and collectibles business, demonstrating the space's viability for destination retail.
Recent Upgrades: The property's 2025 tax assessment reflects a 31.0% ($12,600) jump in improvement value over 2024, signaling recent capital upgrades to the building.
Kirklin is a charming, historic town that is rapidly becoming a strategic satellite location for central Indiana's booming economic development.
The LEAP Innovation District: Kirklin is located approximately 16 miles from Lebanon and the massive LEAP Innovation District, which hosts Eli Lilly's ~$2.1 billion campus and Meta's $10 billion data center. Suburban Connectivity: The town sits within a highly desirable 20 to 25-mile radius of major, affluent northern suburbs including Zionsville, Westfield, and Carmel, while remaining just 12 miles from Frankfort.
Future Infrastructure Upside: Kirklin is positioned along the route of a proposed Monon Trail extension, providing potential unconfirmed upside that could significantly boost future tourism, recreation, and local foot traffic.
Property Highlights Expansive Retail Footprint: The property boasts an impressive 3,952 square feet of commercial space, offering vast potential for retail, specialty shop, or mixed-use configurations.
Proven Retail Location: Currently occupied by an active antique and collectibles business, demonstrating the space's viability for destination retail.
Recent Upgrades: The property's 2025 tax assessment reflects a 31.0% ($12,600) jump in improvement value over 2024, signaling recent capital upgrades to the building.
Kirklin is a charming, historic town that is rapidly becoming a strategic satellite location for central Indiana's booming economic development.
The LEAP Innovation District: Kirklin is located approximately 16 miles from Lebanon and the massive LEAP Innovation District, which hosts Eli Lilly's ~$2.1 billion campus and Meta's $10 billion data center. Suburban Connectivity: The town sits within a highly desirable 20 to 25-mile radius of major, affluent northern suburbs including Zionsville, Westfield, and Carmel, while remaining just 12 miles from Frankfort.
Future Infrastructure Upside: Kirklin is positioned along the route of a proposed Monon Trail extension, providing potential unconfirmed upside that could significantly boost future tourism, recreation, and local foot traffic.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,952 SF
Building Class
C
Year Built
1970
Price
$597,001 CAD
Price Per SF
$151.06 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.20 AC
Zoning
B2 - Central Business
Frontage
66’ on Madison St
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 12-15-12-290-015.000-007 | Improvements Assessment | $73,947 CAD |
| Land Assessment | $18,348 CAD | Total Assessment | $92,295 CAD |
Property Taxes
Parcel Number
12-15-12-290-015.000-007
Land Assessment
$18,348 CAD
Improvements Assessment
$73,947 CAD
Total Assessment
$92,295 CAD
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108 E Madison St
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