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303 S Madison ST Madisonville, TX 77864
5,601 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,601 sqft
Price per Sqft $124
MLS Listing ID 26012867
HOA Y/N No
Year Built 1935
Lot Size 0.828 Acres
Property Sub-Type Office
Property Description
Timberwilde Terrace is a Prime Income-Producing residential/commercial mixed-use property on .82 acres in Downtown Madisonville offering 3 functional buildings. This versatile investment features two structures, highlighted by a large main building with distinct dual-income streams. The second floor features a spacious, well-maintained 2,000 S.F. 3BR/2BA apartment currently used as a rental, with a deck, dedicated tenant parking, and an updated HVAC system. The 4,000 sq. ft. ground floor is configured for commercial use with 4 flexible office spaces, a break area, restrooms, and a rear entrance—including an operating salon and unlimited potential for the remaining space. Adding incredible utility, the property includes a 2,400-S.F. shop with 16' walls that can easily be divided into two separate units. Currently zoned in the city retail district, this property has easy access and excellent street visibility making this multi-tenant property is a turnkey addition to your portfolio.
Location
State TX
County Madison
Area Madison
Direction From I-45 exit #142 in Madisonville. Follow ramp to light and turn left heading toward Bryan/College Station on Hwy 21 (aka Main Street). Continue approximately 2.5 miles to Madison St. and turn left (Hwy 90). Travel 2 blocks to property on the left.
Others
Tax ID 24779
Listed by DBL Real Estate