125 Main St N, Unit 24 Madison, VA 22727
- Commercial real estate
- 8,536 SF
- 0.39 lot acres
Current Use by Public Records
- Henshaw Law Office / Attorney
- Fowler HVAC Inc / Hvac Contractor / Heating Equipment Supplier
- Carrie Brown, Montague, Miller & Company / Real Estate Agent
- Montague Miller & Co Realtors / Real Estate Agency
- Garlene Daniel, REALTOR - Licensed in the Commonwealth of Virginia - with Montague, Miller & Company Realtors / Real Estate Agent
Property Details for 125 Main St N
- Year built
- 1950
- Lot size
- 0.39 lot acres
- Property size
- 8,536 SF
- Zone code
- B1
- Property type
- Commercial real estate
- APN
- 39A 79
- APU
- 39A79
Description
This exceptional office space, located at 125 Main Street, Unit 27, in the heart of Madison, Virginia, presents a fantastic opportunity for businesses seeking a comfortable and efficient workspace. Situated on the second floor of the Madison Professional Center, this bright and airy office boasts attractive hardwood flooring. The space is conveniently sized and well-maintained, offering a productive environment for professionals. All utilities except internet are included in the monthly rent, making budgeting simple and predictable. This includes electricity, water, sewer, and common area cleaning, eliminating the hassle of managing multiple utility accounts. A significant advantage is the availability of a second, adjacent office (Unit 26), ideal for businesses requiring more space or separate work areas. This presents a unique opportunity to secure two connected offices within the same building. The lease requires a security deposit and first month's rent upon signing. Multi-year lease options are available, providing tenants with long-term stability and predictability. The property sits on a 0.39-acre lot, offering ample parking and convenient access. This is an excellent opportunity to establish a presence in a thriving Madison business community. Inquire today to schedule a viewing and secure this desirable office space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $330,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $315,000
- Retail
- $290,000
- Mixed-Use
- $305,000
- Hospitality
- $275,000
- Educational
- $250,000
- Residential Income
- $265,000
- Energy
- $310,000
- Income-Based Land
- $325,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Virginia
- Longitude
- -78.2574
- Latitude
- 38.3812
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA