Welcome to this charming historic property in the heart of Madison, a thriving town brimming with opportunity. Offering a perfect blend of residential and commercial potential, this versatile home is ideal for entrepreneurs seeking a storefront while still enjoying the comfort of home. Currently, the front portion operates as a well established crystal shop, while the back offers a cozy living space for the owners. With 3 spacious bedrooms, 3 bathrooms, and 2,192 square feet of living space, this home provides ample room for both personal and business needs. The expansive front porch invites customers and passersby, offering the perfect setting for customer interactions or simply unwinding after a busy day. The tranquil meditation garden in the backyard is a serene retreat, offering peaceful solitude for relaxation or inspiration.
Beyond the main house, a detached building features three dorm style apartments, one of which is currently leased month to month, offering immediate rental income. These apartments have significant income potential, with the possibility of renovation to increase rents or conversion into office spaces to complement your business. Located just blocks from downtown Madison, with its vibrant dining and shopping scene, this property sits on over half an acre of land, offering further expansion potential. Whether you wish to continue with a mixed use model, transform it into a full residential retreat, or focus entirely on commercial opportunities, this historic gem is a rare find with immense income generating possibilities. Don't miss your chance to own a piece of Madison's history while securing your financial future.
Welcome to this charming historic property in the heart of Madison, a thriving town brimming with opportunity. Offering a perfect blend of residential and commercial potential, this versatile home is ideal for entrepreneurs seeking a storefront while still enjoying the comfort of home. Currently, the front portion operates as a well established crystal shop, while the back offers a cozy living space for the owners. With 3 spacious bedrooms, 3 bathrooms, and 2,192 square feet of living space, this home provides ample room for both personal and business needs. The expansive front porch invites customers and passersby, offering the perfect setting for customer interactions or simply unwinding after a busy day. The tranquil meditation garden in the backyard is a serene retreat, offering peaceful solitude for relaxation or inspiration.
Beyond the main house, a detached building features three dorm style apartments, one of which is currently leased month to month, offering immediate rental income. These apartments have significant income potential, with the possibility of renovation to increase rents or conversion into office spaces to complement your business. Located just blocks from downtown Madison, with its vibrant dining and shopping scene, this property sits on over half an acre of land, offering further expansion potential. Whether you wish to continue with a mixed use model, transform it into a full residential retreat, or focus entirely on commercial opportunities, this historic gem is a rare find with immense income generating possibilities. Don't miss your chance to own a piece of Madison's history while securing your financial future.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Storage
Flooring: Wood
Living Area: 2192.00
Roof: Metal, Shingle
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 1.00
Cooling: Central Air
Heating: Natural Gas
Sewer: Public Sewer
Utilities: Natural Gas Connected, Public, Sewer Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2023
Other Features
Appliances: Microwave, Refrigerator, Washer
Country: US
Interior Features: High Ceilings
Legal Description: PART OF SW 1/4 OF SE 1/4 RECD OR 202/012 OR 722 PG 324 OR 957 PG 94 OR 1133 PG 328 OR 1144 PG 134 OR 1359 PG 275 OR 1359 PG 342
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