197 Msn St Madison, AL 35756
- Office Properties & Spaces
- 3,841 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 197 Msn St
- Property size
- 3,841 SF
- Property type
- Office Properties & Spaces
Description
This exceptional live/work townhome at 197 Mission Street, Unit A, in Madison, Alabama presents a unique investment opportunity. The property boasts a generous 3,841 square feet of space, cleverly divided to accommodate both commercial and residential needs. The first floor is ideally suited for a small business, retail operation, or office space, offering significant potential for a variety of uses. The upper two floors comprise the residential portion of the townhome, providing ample living space separate from the commercial area. Importantly, the business and residential spaces will be leased independently, offering flexibility for both the owner and potential tenants. This property is situated within a Traditional Neighborhood Development (TND) District, a planned community designed to foster a sense of community and walkability. For detailed zoning information, including permitted uses and regulations, please refer to the Zoning Map and Zoning Ordinance, specifically Section 4-12 (Pages 63-73). This provides a comprehensive understanding of the development's guidelines and restrictions. The asking price for this unique property is $3000. This represents a compelling opportunity to acquire a versatile property in a desirable Madison location. The separate leasing potential offers strong income generation possibilities. Serious inquiries are encouraged to explore this exceptional offering further.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- LIMESTONE
- State
- Alabama
- Longitude
- -86.8186
- Latitude
- 34.7272