Stacey Olive
REALTOR®
SQUARE FEET17,168
MLS#C7516446
STATUSActive
PROPERTY TYPECommercial - Multiple
Property Description
A rare opportunity to own three income-producing properties in the charming heart of Madison, Florida - a peaceful, historic town known for its southern hospitality and small-town growth. This portfolio includes 649 W Base St, 643 W Base St, and 912 SW Pinckney St, offering a total of three individual properties, each with its own character and potential.All units are conveniently located within minutes of downtown Madison, schools, shops, and dining - yet set on spacious lots that offer privacy, mature landscaping, and room to expand. Together, the properties total over an acre of land, providing investors or multi-family owners the ideal blend of comfort and long-term appreciation.Each unit features independent entrances, separate utilities, and functional layouts, giving you the freedom to rent for maximum cash flow, transform them into a charming short-term rental portfolio or Build a new Construction.Whether you're a first-time investor, Builder, experienced landlord, or visionary seeking passive income in a quiet North Florida community, this trio offers an exceptional cap rate opportunity in a market with steady rental demand and limited multi-unit inventory.Nestled near major routes like Base Street (US-90) and just a short drive from I-10, these properties combine convenience, flexibility, and growth potential. With their solid structures, walkable location, and multiple income streams, this is the kind of deal that rarely comes around in Madison County- Three Properties, One opportunity, Endless potential.
Property Features
Property Type: Commercial - Multiple
Cooling: Central Air
Lot Size: 1.35 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $7,369
Year Built: 1969
Feature Descriptions
Days on Site: 369
Directions: From I-10, take Exit 251 toward FL-14 N / Madison. Continue north on FL-14 N (S Range St) for about 2 miles. Turn left onto Base Street (US-90 W) and continue for approximately 0.6 mile. Properties â?? 649 W Base St and 643 W Base St â?? will be on your l
Exterior: Concrete
Flood Zone Code: x
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Assumable, Cash, Special Funding
Lot Dimensions: 1.35
Ownership: Corporation
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Showing Instructions: Appointment Only, ShowingTime
Special Sale Provisions: None
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: DELPHI INVESTMENT REALTY
Agency Contact: 877-353-3574
Shown By
Agent Name: Stacey Olive
Agent Phone: Cell: (440) 371-9126
Agency Title: Key Realty
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649 W Base Street | MLS# C7516446
This commercial property located at 649 W Base Street, Madison, FL 32340 is currently listed for sale with an asking price of $2,500,000. Search Madison real estate on www.soldwithstacey.net today.