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649 W BASE STREET

Commercial For Sale
$2,500,000

BTC: 38.94711309

ETH: 1,418.08569775

237 days
0 room(s)
12,204 sqft

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1969
Lot:
1.35 Acres
Heating:
No Data
Price/sqft:
$205
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$7,369
2024
All facts and features
  • Cooling

    • Central Air

  • Lot

    • Lot: 1.35 Acres

    Other Property Information

    • Parcel Number: 211N093865011000

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Other financial information

    • Annual tax amount: $7,370

  • Source details

    • MLS ID: C7516446

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Living Area: 12204

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DELPHI INVESTMENT REALTY