Turnkey Restaurant Property in Madison,
For Sale
$525,000
5806 NE Colin Kelly Highway, Madison, FL 32340
COMMERCIAL - Madison, FL
Property Size4,150 SF
Lot Size5.20 Acres
Price / SF$126.51
Days on Market134
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
APN
12079-31-2N-10-6062-001-000
Size
4,150 SF
Lot size
5.20 Acres
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Well
Listing Agency:
Southern Land & Homes
(850) 973-2200
Listed By:
Stephanie Fox · License #3546369
(850) 443-6506
Added: Mar 20
Changed: May 8
Last Checked: Jul 31 at 4:06PM
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 turnkey restaurant property is located in Madison, FL, offering 4,150 heated square feet and flexibility for future use. The property features a welcoming front porch, circular drive with fountain, abundant parking, and ample indoor dining space. It has convenient access on a paved road with approximately 275ft of highway frontage, making it suitable for everyday dining and special events. The interior is tastefully decorated, creating a warm and inviting atmosphere. The property is being sold fully furnished and equipped, including tables, chairs, dishes, serving equipment, silverware, and a complete commercial kitchen setup. Kitchen features include a cooler, warmer, benchtop equipment, freestanding commercial dishwasher, double sinks, two friers, ice machine, oven, convection oven, stove, food storage, cookware, kitchenware, serving pieces, and tableware. The facility is also outfitted with commercial exhaust canopies, hoods, fans, and a laundry room, providing the infrastructure needed for continued restaurant operations or other food-related ventures. The property sits on a 5.2-acre lot. Additional acreage is available for purchase. Beyond its current use, this property offers potential for a variety of alternative uses, including an event venue, catering business, private dining space, or other commercial or creative ventures, subject to zoning approvals. Buyer to verify zoning, permitted usage and any potential changes with Madison County.
Key Highlights
- Turn‑key restaurant property, fully furnished and equipped with a complete commercial kitchen.
- 4,150 heated square feet with ample indoor dining space** and a warm, inviting atmosphere.
- Located on over 5 acres with approximately 275ft of highway frontage and abundant parking.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant with highway frontage and flexible future use.
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: Turn‑key restaurant property, **fully furnished and equipped with a complete commercial kitchen.**; 4,150 heated square feet with ample indoor dining space** and a warm, inviting atmosphere.; Located on over 5 acres with approximately 275ft of highway frontage and abundant parking.
