120 Hancock AveMadison, FL 32340

Property Details for 120 Hancock Ave

Year built

1960

Lot size

0.23 AC

Property size (Sq ft)

1,629 SF

Property type

Land

Property subtype

Commercial land

APN

00-00-00-3671-000-000

APU

3671000000

Description

This exceptional 0.23-acre commercial lot in Madison, Florida, presents a unique investment opportunity. Situated between two of the city's busiest intersections at 120 SE Hancock Avenue, this property boasts high visibility and excellent accessibility. The lot is already equipped with a functioning commercial ice house, which will be conveyed with the sale, providing immediate income potential or a solid foundation for redevelopment. A dedicated power pole and water hook-up are already in place, simplifying the setup for any new business. The lot itself is cleared and features an existing asphalt driveway, ensuring easy access and maneuverability. Partial fencing provides a degree of security, and ample space remains for convenient parking. Its strategic location across from the community bank and just one block from the courthouse guarantees significant foot and vehicle traffic. Furthermore, its proximity to the downtown area offers easy access to local amenities and a thriving community. This property is ideal for a variety of commercial ventures, including food trucks, retail businesses, or other enterprises seeking a high-traffic location in a bustling town center. The existing infrastructure and prime location make this a truly exceptional opportunity.

• Alternative Use

  Use

  Valuation

  Residential

  $353,822

  Hospitality

  $324,099

  Educational

  $269,647

  Medical

  $278,920

  Retail

  $419,450

Location Insight

City

Madison

County

Madison

State

Florida

Latitude

30.4691

Longitude

-83.4113

Property Tax & Assessments

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