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Fully Equipped Restaurant Property
For Sale
$525,000

5806 NE Colin Kelly Highway, Madison, FL 32340

COMMERCIAL - Madison, FL

Property Size4,150 SF
Lot Size5.20 Acres
Price / SF$126.51
Days on Market141

Property Features for 5806 NE Colin Kelly Highway

General Information

Property type Commercial Sale
Property subtype Other
Directions From Madison- N on Colin Kelly Hwy, property on R
Subdivision Madison
Standard status Active
Lot size 5.20 Acres

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air, Ceiling Fan(s)
Water source Well

Amenities

Front porch
Circular drive with fountain
Laundry room
Listing Agency: OaksFeather Realty
Listed By: Stephanie Fox · License #3546369
Added: Mar 20 Changed: Aug 5 Last Checked: Aug 7 at 12:06PM
MLS# 397543

Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property at 5806 NE Colin Kelly Highway in Madison, Florida, includes 4,150 heated square feet on 5.2 acres. The improvements feature indoor dining space, a front porch, a circular drive with fountain, parking areas, a laundry room, and central heating and cooling. The sale includes furniture, tableware, serving items, and a complete commercial kitchen package.

Kitchen equipment includes a cooler, warmer, freestanding commercial dishwasher, double sinks, two friers, ice machine, oven, convection oven, stove, benchtop equipment, cookware, and food-storage components. Commercial exhaust canopies, hoods, and fans are also in place. The property has paved-road access and approximately 275ft of highway frontage, with well water and a septic tank. Additional acreage is available for purchase.

Key Highlights

  • 4,150 heated square feet on 5.2 acres
  • Approximately 275ft of highway frontage
  • Fully furnished sale includes tables, chairs, dishes, silverware, and serving equipment

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Discount Store Nursing Home Department 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
Paved road access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

288
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully furnished and equipped with a commercial kitchen, dining area, and paved-road access.
Where is this conventional restaurant located?
The property is located at 5806 NE Colin Kelly Highway Madison, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 4,150 heated square feet on 5.2 acres; Approximately 275ft of highway frontage; Fully furnished sale includes tables, chairs, dishes, silverware, and serving equipment
More about this property
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