179 E Base St Madison, FL 32340
- Retail space
- 11,381 SF
- 0.23 lot acres
Current Use by Public Records
- Mike's Pump Repair & Well Drilling Inc / Well Drilling Contractor
Property Details for 179 E Base St
- Year built
- 1901
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.23 lot acres
- Property size
- 11,381 SF
- Property type
- Retail space
- APN
- 00-00-00-3656-000-000
- APU
- 3656000000
Description
This exceptional commercial property, located at 179 E Base Street Unit 179 in the heart of downtown Madison, Florida, presents a rare opportunity for significant development. The substantial 11,381 square-foot building, situated on a 0.22-acre lot, offers a blank canvas for a wide range of commercial ventures. Its two-story layout provides ample space for diverse uses, including but not limited to a motel, apartments, retail stores, office spaces, or a dynamic mixed-use development. The property's central location within Madison ensures high visibility and accessibility, making it an ideal site for a business seeking maximum exposure. While the building requires a complete renovation, its size and prime location significantly outweigh this factor, presenting an unparalleled investment opportunity. The flexible layout allows for creative adaptation to suit various business models, potentially creating a combination of income-generating streams. This property is priced competitively at $189,500, making it an attractive proposition for investors seeking a high-return project with substantial upside potential. Don't miss this chance to acquire a landmark property in a thriving downtown area. The possibilities are truly limitless.
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
- Madison
- State
- Florida
- Longitude
- -83.4136
- Latitude
- 30.4697
