112 SW Range Avenue Madison, FL 32340

Listing office All Realty Services a***@gmail.com Show Phone

Listing date Dec 21, 2024

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Investment Insights

Based on property information with market context.

Located in downtown Madison, Florida, this commercial property is situated at a traffic light, specifically on a corner. The courthouse is located on another corner, and the city park is on the opposite corner. Constructed in 1895, the building features a double-thick party wall on one side and a concrete block exterior wall on the US Highway 90 side. The roof has a 50-year membrane coating applied in 2022. The property includes central heat and air, city water, and city sewer. There are two additional, single offices, each rented to tenants with their own heating and cooling units, bathrooms, and individual entrances. The property was formerly a Texaco Gas Station and is under the Petroleum Restoration Program, an Amnesty Program through the Florida DEP, which will transfer at no cost to the new owner. Three recent hurricanes caused damage to the awning facade, which can be purchased "AS IS" or restored to suit the new owner.

Key Highlights

• Prime downtown location at a traffic light on a corner, near the courthouse and city park.
• Two rented single offices with separate entrances, bathrooms, and HVAC, providing immediate rental income with tenants who wish to stay.
• 50‑year membrane roof coating applied in 2022.

Property Analytics

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FAQs

What type of property is this?

Gas station - Prime corner location in downtown Madison, Florida.

Where is this gas station located?

The property is located at 112 SW Range Avenue Madison, FL.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Prime downtown location at a traffic light on a corner, near the courthouse and city park.; Two rented single offices with separate entrances, bathrooms, and HVAC, providing immediate rental income with tenants who wish to stay.; 50‑year membrane roof coating applied in 2022.