Best Western Plus Madison

167 SE Bandit St, Madison, FL 32340

default image

Property Information

  • For Sale $6,200,000
  • Property Type Other
  • Property Size 31,813 SF
  • Units 58
  • Lot Size 3.39 Acre
  • Building Class A
  • Year Built 1996
  • Date Updated Sep 19, 2026

Description

Immerse yourself in the historic charm of Madison, FL, a town rich in Southern hospitality and surrounded by natural beauty. Located in close proximity to the renowned Best Western Plus Madison, this area offers a warm welcome to visitors and promising opportunities for limited service hospitality investors. Guests can explore local attractions such as the picturesque Madison Blue Spring State Park, the treasured Four Freedoms Trail, and the annual North Florida Community College Jazz Festival. Embrace the potential for growth in this inviting location, where the allure of small-town living and authentic experiences beckons to travelers seeking a peaceful retreat.Grizzard Commercial Real Estate is pleased to present the 58-unit Best Western Plus Madison located at 167 SE Brandt Street, Madison, Florida 32340. The property is being offered for sale at the fee simple sale price of $6,200,000. The property will be delivered unencumbered by management and debt.

Highlights

  • 60% OCC / $130 ADR / $1.65M Revenue
  • Guidance Hotel Group is pleased to present the Best Western Plus Madison for sale at $6,200,000.
  • Recent capital improvements include new soft goods, bedding, and flooring in 2022, along with a new roof, porte-cochre, exterior paint, pool resurfacing, and barbecue area completed between 2024 and 2025.
  • Strategically positioned off I-10 Exit 258, the hotel serves as a convenient lodging destination between Tallahassee, Lake City, Live Oak, and Valdosta, Georgia.
  • The Best Western Plus Madison is a three-story, 58-room interior corridor hotel situated on a 3.39-acre site with ample parking and strong interstate visibility.
  • The property benefits from consistent transient demand generated by travelers along the heavily trafficked I-10 corridor in North Florida.

Contacts

Location

Located at 167 SE Bandit St, Madison, FL 32340, this property is part of the Madison neighborhood.

  • 17/100 Car-Dependent
  • 28/100 Somewhat Bikeable
Powered by Walk Score ®
Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.