1201 Madison St Albany, GA 31701

Property Details for 1201 Madison St

Property size

2,789 SF

Property type

Office space

Property subtype

Medical offices

Description

This mixed-use property, located at 1201 N Madison St in Albany, Georgia (31701), presents a unique investment opportunity. Situated in the desirable Rawson Circle District, near Phoebe Hospital, this 2,789 square foot building offers versatile space suitable for traditional office, medical office, or creative office uses. Originally constructed in 1925, the building sits on a half-acre corner lot and includes two large barns providing ample storage. The main structure boasts approximately 2800+ square feet, featuring three large bedrooms, two bathrooms, a kitchen, a den with a fireplace, and a sunroom. A separate apartment with its own entrance, small kitchen, and bathroom is also included. While some renovations are needed to restore the property to its former glory, a strategic investment could significantly increase its value. The asking price is $158,900. This property's prime location and substantial size make it an attractive prospect for investors seeking a high-return project or businesses looking for a unique and historic space in a thriving area of Albany. The property is zoned for mixed use.