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    331 Madison Ave Madison, WV 25130

    Sponsored
    For Sale
    $239,000

    Spacious office building, multiple uses, great location.

    Property size:
    3,516 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 3,516 square foot office building, situated on a 0.32-acre lot at 331 Madison Avenue, Madison, WV, presents a remarkable investment opportunity. Built in 2006 and boasting a brand-new metal roof installed in April 2024, this single-level property offers versatile space ideal for a variety of businesses. Currently configured into three or four distinct sections, it's perfectly suited for retail, office space, distribution, or manufacturing uses. Two sections are currently generating rental income, providing immediate return on investment. The potential exists to lease all sections, or retain some space for personal use while rental income covers expenses. The property includes all stainless steel kitchen equipment (excluding tables), a new oven (installed less than two weeks ago), ample shelving, and attractive display cases. Unique shelving and charming architectural details add character. Convenient storage areas are also available. The building is handicap accessible and benefits from abundant off-street parking. This prime location offers exceptional visibility and accessibility, making it an ideal choice for entrepreneurs seeking a ready-to-occupy space to launch or expand their business. Don't miss this chance to secure a thriving business location with significant upside potential.

    Property Features for 331 Madison Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,516 SF
    Lot Size
    13,939 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Gourmet Granny Bakery

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Boone
    State
    West Virginia
    Longitude
    -81.81863
    Latitude
    38.05821

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious office building, multiple uses, great location.
    Where is this office property / space located?
    The property is located at 331 Madison Ave Madison, WV.
    What is the asking price?
    The asking price for this property is $239,000.
    (304) 369-1112
    Request Owner's contact information
    331 Madison Ave Madison, WV 25130
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    Madison, WV 25130
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    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
    331 Madison Ave Madison, WV 25130
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