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205 N Madison St
Madisonville, TX 77864
Madisonville Meteor · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Convenient Location
- Affordable Pricing
- 1776 SF of Flexible User Space
EXECUTIVE SUMMARY
The Madisonville Meteor Building is conveniently located in the Downtown retail corridor of Madisonville, TX. being highly visible, easily accessible and surrounded by multiple local shops and eateries. As a staple of Madison County, this established newspaper business has been operating since 1984, serving Madisonville and surrounding areas. The building was constructed circa 1940 and offers 1776 of flexible, functioning office SF (per CAD): reception/lobby area, break room with kitchenette, 2 office areas, workroom, half bathroom, and several storage closets. The property is zoned downtown commercial - Established or new businesses looking for a new location should verify with the city for their intended use. The rich history of this building, the quickly evolving town of Madisonville with its many new businesses to the area, and the convenient location of this property offer endless possibilities for businesses looking for a strategic position in a growing area.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,776 SF
Year Built
1940
Price
$172,164 CAD
Price Per SF
$96.94 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,776 SF
Building FAR
0.27
Lot Size
0.15 AC
Parking
6 Spaces (3.38 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 18226 | Improvements Assessment | $64,668 CAD |
| Land Assessment | $34,393 CAD | Total Assessment | $99,060 CAD |
PROPERTY TAXES
Parcel Number
18226
Land Assessment
$34,393 CAD
Improvements Assessment
$64,668 CAD
Total Assessment
$99,060 CAD
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