Four buildings to include a Restaurant, Hair Salon, Auto Mechanic Shop, 2 Story home consisting of 2 apartments, 1 home, all are rented. $100,000 Annual total earned.
Huge opportunity that doesn't come around often. Prime location on Route 29 in Madison County. Madison is growing leaps and bounds in popularity. This property is located right beside Yoder's Country Market which is an extremely popular location for locals and travelers. Take advantage of the opportunity to benefit from an already booming location and place your business here! Not only do you have 12 acres already zoned Commercial and fronting 29 but there is a possible opportunity to rezone all or part of the remaining 70 acres currently zoned Agriculture. Over 1700 feet of Route 29 road frontage! Seize this! The potential is endless! RSA does have a water line servicing Yoders and line is run into the easement for this property.
The median home value in Madison, VA is $353,750. This is higher than the county median home value of $327,100. The national median home value is $338,100. The average price of homes sold in Madison, VA is $353,750. Approximately 42.29% of Madison homes are owned, compared to 40.57% rented, while 17.14% are vacant. Madison real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madison real estate agent to arrange a tour today!
Madison, Virginia has a population of 378. Madison is more family-centric than the surrounding county with 30.21% of the households containing married families with children. The county average for households married with children is 28.85%.
The median household income in Madison, Virginia is $40,417. The median household income for the surrounding county is $72,349 compared to the national median of $69,021. The median age of people living in Madison is 40.2 years.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 44.6 inches per year, with 19.7 inches of snow per year.