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633 NE Colin Kelly Hwy 9,561 SF Retail Building Madison, FL 32340 $367,000 ($38.39/SF)
EXECUTIVE SUMMARY
Located within the city limits of Madison, Florida, this commercial property offers excellent visibility along Hwy 145 and endless potential for a variety of uses. The building spans 9,444 sq. ft., including 2,200 sq. ft. of heated and cooled space and an expansive 5,750 sq. ft. upstairs loft ideal for storage. With seven distinct sections, the property is well suited for generating rental income or accommodating multiple business opportunities. While the building would benefit from some updates, it remains functional and provides a solid foundation for future improvements. With its prime highway frontage, this property is a unique opportunity for investors and business owners alike.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,561 SF
Building Class
C
Year Built
1950
Price
$367,000
Price Per SF
$38.39
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.68 AC
Zoning
Commercial
Parking
20 Spaces (2.09 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 22-1N-09-3988-001-001 | Improvements Assessment | $69,269 (2024) |
| Land Assessment | $46,632 (2024) | Total Assessment | $115,901 (2024) |
PROPERTY TAXES
Parcel Number
22-1N-09-3988-001-001
Land Assessment
$46,632 (2024)
Improvements Assessment
$69,269 (2024)
Total Assessment
$115,901 (2024)
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633 NE Colin Kelly Hwy
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