Versatile Mixed-Use Property in
589 S Duval Avenue, Madison, FL 32340
Two-story building with multi-family and commercial zoning.
Type:Commercial/Industrial
Property size:
16,248 SFLot size:
0.37 AcresPrice / SF:
$11/SF- Added:
- Sep 8, 2024
- Days on Market:
- 629
- Last Refresh:
- May 27 at 9:18 am
Property Features for 589 S Duval Avenue
General Information
- Standard status
- Active
- Size
- 16,248 SF
- Lot size
- 0.37 Acres
- Property subtype
- Commercial/Industrial
Listing agent J. Gregory Norris License #338238
Listing office EXP Realty, LLC (888) 883-8509
Listing date Sep 8, 2024
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
HighLights
- Multi‑family and commercial zoning allows for versatile development options.
- Prime location with 250 feet of frontage on S Duval Avenue (Highway 53) and SE Oak St.
- Adjacent vacant lot available for purchase, creating a combined larger development site.
- Currently generating rental income with both units leased at $700 each on a month‑to‑month basis.
- Convenient access to Interstate 10 and proximity to Valdosta, GA and Tallahassee, FL.
- Includes a 400‑square‑foot garage for storage.
Overview
This two-story building, formerly a TV repair shop, is currently leased on a month-to-month basis, with both the upstairs and downstairs units renting for $700 each. The property is zoned for multi-family use (up to 10 units) and also carries a commercial zoning designation of 0213 RES Z, allowing for versatile Commercial/Office Residential use. A 400-square-foot garage in the back provides extra flexibility for storage or other uses. Situated on corners with 250 feet of road frontage along Highway 53 (S Duval Avenue), this property offers potential for various uses. The property is located less than 10 minutes from Interstate 10, in the heart of Madison, FL, with Valdosta, GA only 35 miles away and Tallahassee, FL about 60 miles out. The property offers a variety of possibilities, such as renting the upstairs unit while utilizing the downstairs for a business or office. The adjacent vacant lot is also available, giving a combined 250 feet of frontage along S Duval Avenue, with the additional address at SE Oak St. With the current zoning, the entire site could be redeveloped by combining the two parcels for a multi-unit apartment building, convenience store, or other commercial ventures. The property size is 16248 square feet. While the apartments may benefit from some updating, they are currently rentable.
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Florida
- Longitude
- -83.4096004
- Latitude
- 30.4624462
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Two-story building with multi-family and commercial zoning.
Where is this mixed-use property located?
The property is located at 589 S Duval Avenue Madison, FL.
What is the asking price?
The asking price for this property is $179,777.
What are key features of this property?
This property features: Multi‑family and commercial zoning allows for versatile development options.; Prime location with **250 feet of frontage on S Duval Avenue (Highway 53)** and SE Oak St.; Adjacent vacant lot available for purchase, creating a combined larger development site.
