167 SE Bandit St

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Address: 167 SE Bandit St, Madison, FL 32340, USA
Florida & Gulf Coast + Hospitality
Created date: September 10, 2026
Date last updated: October 23, 2026
Price: $6,200,000Investment Analyzer NEW!
  • Guidance Hotel Group is pleased to present the Best Western Plus Madison for sale at $6,200,000.
  • 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.
  • 60% OCC / $130 ADR / $1.65M Revenue
  • 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 property benefits from consistent transient demand generated by travelers along the heavily trafficked I-10 corridor in North Florida.
  • Recent capital improvements include new soft goods, bedding, and flooring in 2022, along with a new roof, porte-cochère, exterior paint, pool resurfacing, and barbecue area completed between 2024 and 2025.

Property Description

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.
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Broker Details

Kent Hricko
Kent Hricko

Grizzard Commercial 386-299-0090

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Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Hospitality
Price: $6,200,000
No. of Units: 58
Year Built: 1996
Lot Size: 3.39 Acres
Opportunity Zone: No
Price per unit: $106,897
Property Website Click Here
Address: 167 SE Bandit St, Madison, FL 32340, USA
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