214 Woodruff St Madison, TN 37115
- Parking lots & garages
- 0.42 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 214 Woodruff St
- Lot size
- 0.42 lot acres
- Zone code
- CS
- Property type
- Parking lots & garages
- APN
- 042-16-0-091-00
- APU
- 4216009100
Description
This exceptional mixed-use property, encompassing 8,000 square feet on a 0.42-acre lot at 214 Woodruff Street in Madison, Tennessee, presents a compelling investment opportunity. The property, which includes the adjacent 210 Woodruff Avenue, is currently configured as a single building and has served as the home of Madison Lodge 762. The lodge's relocation creates this unique chance to acquire a well-maintained, two-story structure ideally situated in the heart of Madison. Constructed of durable prestressed concrete and brick, the building is in excellent condition and boasts ample parking accommodated by a substantial concrete parking lot. The substantial square footage offers significant versatility for a variety of commercial uses, allowing for creative adaptation to suit diverse business needs. The property's prime location within Madison ensures high visibility and accessibility, making it an attractive proposition for entrepreneurs and investors seeking a strong foothold in a thriving market. The 0.42-acre lot provides ample space for expansion or outdoor amenities, further enhancing its potential. This is a rare opportunity to acquire a well-established building with significant upside in a desirable Tennessee location. The asking price is $1,750,000.
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
- Davidson
- State
- Tennessee
- Longitude
- -86.715
- Latitude
- 36.2607
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA