Established Hardware & Building Supply Business with Real Estate
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Multi‑Building Commercial Property with Valuable Acreage - Madison, IN
A Rare Opportunity to Own a Legacy — Live, Work, and Build Your Future on 14+ Prime Acres
Step into a property where possibility meets tradition. This family‑owned hardware store, set on approximately 14.21 acres with an impressive +/-350 feet of road frontage, offers a unique chance to carry forward a long‑standing business or reimagine the space for your own vision. Designed for versatility, the property seamlessly supports retail, warehouse, and lumber storage operations — all in one strategic location.
At the heart of the property stands a 13,063 sq. ft. primary building, thoughtfully configured for efficiency and growth:
- 54% retail finish with a large open showroom
- 31% warehouse space for inventory, equipment, or expansion
- 3% mezzanine for elevated storage
- 12% finished apartment, perfect for an owner‑operator or on‑site manager
The on‑site apartment transforms this commercial property into a live‑work dream. With a 22' x 19' living room, 17' x 14' kitchen - complete with appliances, dishwasher, and bar area, 15' x 13' bedroom, 9' x 8' full bath, 17' x 9' office, and laundry/utility area, it offers comfort, convenience, and privacy. Dual entry points — from inside the building and from the exterior — make it ideal for flexible living. Climate control is handled by a mini‑split A/C system and pellet stove heat, keeping utility costs efficient.
Beyond the main building, the property includes two expansive lumber storage structures:
- 10,560 sq. ft. warehouse for large‑scale storage
- 10,285 sq. ft. warehouse plus 480 sq. ft. open‑sided lean‑to for easy-access materials
Operational features include 200‑amp electrical service, two forced‑air HVAC units, an individual office, employee break room, and two restrooms, ensuring the property is ready for business on day one.
Whether you’re continuing a hardware legacy, expanding into retail, warehousing, or construction supply, or envisioning a multi‑use commercial hub, this property delivers the space, infrastructure, and flexibility to make it happen. Live on-site, work on-site, and build something extraordinary.
Step into a property where possibility meets tradition. This family‑owned hardware store, set on approximately 14.21 acres with an impressive +/-350 feet of road frontage, offers a unique chance to carry forward a long‑standing business or reimagine the space for your own vision. Designed for versatility, the property seamlessly supports retail, warehouse, and lumber storage operations — all in one strategic location.
At the heart of the property stands a 13,063 sq. ft. primary building, thoughtfully configured for efficiency and growth:
- 54% retail finish with a large open showroom
- 31% warehouse space for inventory, equipment, or expansion
- 3% mezzanine for elevated storage
- 12% finished apartment, perfect for an owner‑operator or on‑site manager
The on‑site apartment transforms this commercial property into a live‑work dream. With a 22' x 19' living room, 17' x 14' kitchen - complete with appliances, dishwasher, and bar area, 15' x 13' bedroom, 9' x 8' full bath, 17' x 9' office, and laundry/utility area, it offers comfort, convenience, and privacy. Dual entry points — from inside the building and from the exterior — make it ideal for flexible living. Climate control is handled by a mini‑split A/C system and pellet stove heat, keeping utility costs efficient.
Beyond the main building, the property includes two expansive lumber storage structures:
- 10,560 sq. ft. warehouse for large‑scale storage
- 10,285 sq. ft. warehouse plus 480 sq. ft. open‑sided lean‑to for easy-access materials
Operational features include 200‑amp electrical service, two forced‑air HVAC units, an individual office, employee break room, and two restrooms, ensuring the property is ready for business on day one.
Whether you’re continuing a hardware legacy, expanding into retail, warehousing, or construction supply, or envisioning a multi‑use commercial hub, this property delivers the space, infrastructure, and flexibility to make it happen. Live on-site, work on-site, and build something extraordinary.
About the Business
- Years in Operation
- 12
- Facilities & Assets
- A rare chance to own a legacy business on 14.21 prime acres with approx. 350 ft of road frontage. This long‑established hardware and building supply property offers retail, warehouse, and lumber‑storage capability in one strategic location. The 13,063 sq ft main building includes a large retail showroom (54%), warehouse space (31%), mezzanine storage (3%), and a 12% finished apartment ideal for an owner‑operator or manager. The apartment features a spacious living room, full kitchen with appliances, bedroom, bath, office, and laundry, with both interior and exterior access. Climate control includes a mini‑split A/C and pellet stove. Two additional lumber‑storage structures provide 10,560 sq ft and 10,285 sq ft plus a 480 sq ft lean‑to. Property infrastructure includes 200‑amp service, two forced‑air HVAC units, office, break room, and two restrooms. A versatile opportunity to continue the hardware legacy or develop a multi‑use commercial hub.
- Market Outlook / Competition
- Andersons Hardware operates in a robust but competitive market. Demand for hardware and building materials in Madison is reinforced by the presence of multiple major retailers, while industry data shows continued stability for independent operators who differentiate through service, specialty products, and local loyalty.
- Opportunities for Growth
- Andersons Hardware has significant untapped potential due to its large acreage, multiple buildings, established reputation, and strategic location. A new owner can grow the business through expanded product offerings, contractor relationships, online sales, rental services, and development of the surrounding land.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 33,908
About the Sale
- Seller Motivation
- The owner is retiring after many successful years in the business.
- Transition Support
- The current owner will assist with transition support, including hands‑on training in daily operations, vendor relationships, inventory management, POS system and customer accounts. The goal is to ensure a confident and seamless handoff.
Listing Info
- ID
- 2518618
- Listing Views
Business Location
Listing ID: 2518618 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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