589 S Duval Avenue Madison, FL 32340

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.