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Interior-Corridor Hotel with Pool
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167 Southeast Bandit Street, Madison, FL 32340

Three-story lodging property with guest amenities, in-room appliances, and on-site parking.

Property Size31,813 SF
Lot Size3.39 Acres
Price / SF$235.75
Days on Market90

Property Features for 167 Southeast Bandit Street

General Information

Standard status Active
Size 31,813 SF
Total Parking Spaces 57
Lot size 3.39 Acres
Property subtype Retail, Hospitality
Occupancy 60%
Net Operating Income $525,000

Additional Details

Highway Access Yes

Amenities

complimentary hot breakfast
outdoor pool
barbeque area
business center
fitness center
sundry shop
guest laundry services

Building Details

Year Built 1996
Year Renovated 2023
Stories 3
Units 57
Listing Agency: Grizzard Commercial Real Estate Group
Listed By: Kent Hricko · License #FL 3262069
Source: Crexi
Added: Jun 2 Changed: Aug 29 Last Checked: Aug 29 at 3:10PM

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 Grizzard Commercial Real Estate Group

Investment Insights

Based on property information with market context.

The Best Western Plus Madison is a three-story, 58-room hotel with interior corridors and 31,813 square feet of building area. Constructed in 1996, the property occupies 3.39 acres and includes 53 standard parking spaces plus four handicap spaces. Guest facilities include an outdoor pool with barbecue area, complimentary hot breakfast, business center, fitness center, sundry shop, and guest laundry services. Rooms are furnished with king or queen beds and include 49-inch flat-screen HD televisions, refrigerators, microwaves, and in-room safes.

Located at 167 Southeast Bandit Street in Madison, Florida, the hotel is positioned off Exit 258. The property is situated between Tallahassee, Lake City, Live Oak, and Valdosta, Georgia, providing access to surrounding cities and regional destinations.

Key Highlights

  • 58‑room, three‑story hotel with interior corridors
  • 31,813 square feet on 3.39 acres
  • Built in 1996

Property Analytics

Current Use

Best Western Plus ... Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Repair Shop Grocery & Convenience Store Auto Parts Store Arcade & Gaming Center Electronics & Wireless Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Three-story lodging property with guest amenities, in-room appliances, and on-site parking.
Where is this hotel located?
The property is located at 167 Southeast Bandit Street Madison, FL.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 58‑room, three‑story hotel with interior corridors; 31,813 square feet on 3.39 acres; Built in 1996
More about this property
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