Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    179 E Base St Madison, FL 32340

    For Sale
    $189,500

    Commercial, Two Story - Madison, FL

    Property size:
    11,381 SF
    Lot size:
    0.23 Acres
    Days on Market:
    371
    Last Refresh:
    Dec 7 at 2:06 pm

    Property Features for 179 E Base St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CBD
    Interior features
    Public Restrooms, Private Restrooms
    Exterior features
    Community Feature: City Limits
    Size
    11,381 SF
    Lot size
    0.23 Acres

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Year built
    1901
    Floors in Building
    2
    Flooring type
    Hardwood
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    Poole Realty, Inc. (386) 362-4539 [email protected]

    Listing agent Kellie Shirah (386) 362-4539 License #0635554

    Listing date Dec 2, 2024

    MLS# 125425 Listing URL

    Copyright © 2025 North Florida MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Madison Two-Story Commercial Building

    This two-story commercial building, with over 11,000 square feet of space, is located in downtown Madison, Florida. The property, situated on a 0.23-acre lot, offers development possibilities for various ventures, including a motel or apartments, retail stores, office spaces, or mixed-use options. The flexible layout and prime location present an investment opportunity to transform the space into a hub of activity. The building requires a complete update.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mike's Pump Repair ... Well Drilling Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Florida
    Longitude
    -83.413603
    Latitude
    30.469645

    Nearby Similar for Sale

    • $485,000
      0.39 Acres

      Downtown Madison Commercial Building on Lake

      Premium commercial building in downtown Madison, FL, with lake views.
      151 SE Lakeshore Dr, Madison, FL 32340
      View Details
    • $275,000
      1.93 Acres

      Commercial Property on US 90

      1.9+ acre commercial property with highway frontage and multiple buildings.
      988 E Us 90, Madison, FL 32340
      View Details
    • $750,000
      0.65 Acres

      Profitable Convenience Store on US Highway

      Turn-key convenience store with multiple income streams in Madison, Florida.
      655 E Base St, Madison, FL 32340
      View Details
    • $250,000
      1.01 Acres

      Turnkey Bar and Grill Business

      Thriving bar and grill with real estate and all equipment.
      8144 S Crk 53, Madison, FL 32340
      View Details
    • $115,000
      1.68 Acres

      Madison, FL Commercial Property

      Commercial property in Madison, FL with renovation potential.
      1638 SW Sr 14, Madison, FL 32340
      View Details
    • $204,900
      4.93 Acres

      Turnkey Mobile Home Park Investment

      Mobile home park with income potential in Madison, Florida.
      111 NE Purslane St, Madison, FL 32340
      View Details

    FAQs

    What type of property is this?
    Investment property - Two-story commercial building in downtown Madison, Florida, with development potential.
    Where is this investment property located?
    The property is located at 179 E Base St Madison, FL.
    What is the asking price?
    The asking price for this property is $189,500.
    What are key features of this property?
    This property features: - Massive 11,000+ sq ft two-story commercial building.; - Prime downtown Madison, Florida location.; - Flexible layout suitable for motel/apartments, retail, office, or mixed-use.
    (386) 362-4539
    Request Owner's contact information
    179 E Base St Madison, FL 32340
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    179 E Base St
    Madison, FL 32340
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    179 E Base St Madison, FL 32340
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.