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Downtown Office Building with Flex Layout
For Sale
$165,000

186 SW Range Avenue, Madison, FL 32340

SINGLE_FAMILY - Madison, FL

Lot Size0.05 Acres
Days on Market205

Property Features for 186 SW Range Avenue

General Information

Property type Residential
Property subtype Office
Directions From Hwy. 90, 2 blocks south on Range Ave.
Subdivision Madison
Standard status Active
Lot size 0.05 Acres

Utilities

Heating system Central
Cooling system Central Air

Building Details

Flooring type Carpet
Building materials Block, Concrete
Listing Agency: A Main Street Realty Co, LLC
Listed By: Jessica Webb · License #3237392
Added: Jan 8 Changed: Jul 14 Last Checked: Aug 1 at 9:06PM
MLS# 394737

Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office building has a flexible interior layout, previously used as office space and designed to be configured for a variety of uses. The first floor is divided into four offices, along with a reception area, kitchenette, and bath. Upstairs is wide open, offering space that can be finished for additional use or kept as storage.

Located in downtown Madison, the property places the post office, county courthouse, and a variety of shops and restaurants within walking distance.

The seller is offering flexible owner financing with 20% down.

Key Highlights

  • Versatile downtown Madison building previously used as office space, with a layout that can be configured for multiple uses
  • First floor includes four offices, a reception area, kitchenette, and bath
  • Upstairs is wide open and can be finished for additional uses or used for storage

Property Analytics

Current Use

A Main Street Realty ... Real Estate Agency

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store HVAC Service Electrical Service Catering Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Office units

Location Intelligence

Trade Area within ½ mile

605
Businesses Nearby

Demographics for 32340, FL

10,744
Population
4,567
Households
2.4
Avg Household Size
45
Median Age
13%
College-Educated
81%
High-School Grad
208.5 sq mi
ZIP Area
52
Density / Sq Mi
$43,393
Median Household Income
$32,937
Median Earnings
$814
Median Rent
$115,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - First floor offers four offices plus reception, kitchenette, and bath; upstairs is wide open for finish or storage.
Where is this office units located?
The property is located at 186 SW Range Avenue Madison, FL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Versatile downtown Madison building previously used as office space, with a layout that can be configured for multiple uses; First floor includes four offices, a reception area, kitchenette, and bath; Upstairs is wide open and can be finished for additional uses or used for storage
More about this property
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