Asking Price: $286,901
Lot Size: 60113
Cost per Square Foot: $4.77
This ± 1.38-acre site is divided into three ± 0.46-acre tracts. Each parcel is zoned P1 and CDO which allow development for medical office, general retail, day clinics, hospitals, nursing homes, personal care establishments, accessory apartments and more.
The tracts are graded with all utilities on-site and DOT curb cuts. The site offers approximately 125' frontage on South Main Street and faces the former Morgan Memorial Hospital, which is also available as an adaptive reuse option.
Madison, a city in Morgan County, Georgia, is an Atlanta Bedroom Community. It is located off I-20, approximately 1 hour from Hartfield-Jackson Atlanta International Airport. Madison is a quaint community with over 50 historic Antebellum homes lining Main Street with beautiful, columned front porches. The City is notable for being one of the largest historic districts in the state of Georgia and designated by Budget Travel as one of the 16 ‘Most Picturesque Villages in the World.’
Key Points: ± 1.38 acre site in the city of Madison, GA May be subdivided into (3) ± 0.46 acre tracts P1 and CDO zoning allows for many commercial and medical applications All utilities available to site with DOT curb cuts 125' of frontage on South Main Street PMA DEMOGRAPHICS (15 mile radius) Average household income: $81,716 (55 - 64 age group) Average net worth: $1,1057,689 (55 - 64 age group) Average home value: $290,514 Average disposable income: $62,036