331 Madison Ave Madison, WV 25130
- Retail space
- 0.22 lot acres
Current Use by Public Records
- Gourmet Granny / Bakery
Property Details for 331 Madison Ave
- Lot size
- 0.22 lot acres
- Property type
- Retail space
- APN
- 03-03- 13-0027.0000
- APU
- 3031300270000
Description
This exceptional 3,516 square foot office building, situated on a 0.32-acre lot at 331 Madison Avenue, Madison, WV, presents a remarkable investment opportunity. Built in 2006 and boasting a brand-new metal roof installed in April 2024, this single-level property offers versatile space ideal for a variety of businesses. Currently configured into three or four distinct sections, it's perfectly suited for retail, office space, distribution, or manufacturing uses. Two sections are currently generating rental income, providing immediate return on investment. The potential exists to lease all sections, or retain some space for personal use while rental income covers expenses. The property includes all stainless steel kitchen equipment (excluding tables), a new oven (installed less than two weeks ago), ample shelving, and attractive display cases. Unique shelving and charming architectural details add character. Convenient storage areas are also available. The building is handicap accessible and benefits from abundant off-street parking. This prime location offers exceptional visibility and accessibility, making it an ideal choice for entrepreneurs seeking a ready-to-occupy space to launch or expand their business. Don't miss this chance to secure a thriving business location with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Boone
- State
- West Virginia
- Longitude
- -81.8186
- Latitude
- 38.0582
- CBSA code
- 16620
- CBSA name
- CHARLESTON, WV METROPOLITAN STATISTICAL AREA
