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Equipped Restaurant with Highway Frontage
For Sale
$525,000

5806 NE Colin Kelly Highway, Madison, FL 32340

CommercialSale, Madison, FL

Property Size4,150 SF
Lot Size5.20 Acres
Price / SF$126.51
Days on Market179

Property Features for 5806 NE Colin Kelly Highway

General Information

Property type Commercial Sale
Property subtype Other
Directions From Madison- N on Colin Kelly Hwy, property on R
Subdivision Madison
Standard status Active
Lot size 5.20 Acres

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Ceiling Fan(s), Central Air
Water source Well

Amenities

front porch
circular drive with fountain
laundry room
Listing Agency: OaksFeather Realty
Listed By: Stephanie Fox · License #3546369
Added: Mar 20 Changed: Sep 13 Last Checked: Sep 14 at 11:06PM
MLS# 397543

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 conventional restaurant property at 5806 NE Colin Kelly Highway in Madison, FL, includes 4,150 heated square feet on 5.2 acres. The building offers indoor dining areas, a front porch, a laundry room, commercial exhaust canopies, hoods, and fans. Furniture, tableware, serving items, and a broad range of kitchen equipment convey, including refrigeration, cooking appliances, a commercial dishwasher, sinks, an ice machine, and food-storage components.

A circular drive with a fountain, on-site parking area, paved-road access, and approximately 275ft of highway frontage support customer arrival and event use. The property is served by central heating, central air, ceiling fans, a well, and a septic tank. The layout and improvements may also support an event venue, catering operation, or private dining use, subject to zoning and permitted-use approvals.

Key Highlights

  • 4,150 heated square feet on 5.2 acres
  • Approximately 275ft of highway frontage on a paved road
  • Restaurant conveys with furniture, tableware, serving items, and commercial kitchen equipment

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Discount Store Nursing Home Department Store

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

Yes
Paved road access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Furnished restaurant property with commercial kitchen infrastructure, event-capable dining space, and paved-road access.
Where is this conventional restaurant located?
The property is located at 5806 NE Colin Kelly Highway Madison, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 4,150 heated square feet on 5.2 acres; Approximately 275ft of highway frontage on a paved road; Restaurant conveys with furniture, tableware, serving items, and commercial kitchen equipment
More about this property
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