To summarize a multi-unit (5 studios) could look like the following:

• Downstairs studio (has a kitchen and a gorgeously updated bathroom).
• Built out second studio (near the loading dock). 
  • Also, see the blue tape on the floors where a wall could be added
• The spacious Den and Dining area space could be converted to another studio. 
  • New owner would need to add a kitchen and bathroom.
• The 4 bedrooms in the back could be divided into two more studio units each with its own separate entrance. 
  •  A kitchen would need to be added.

COFFEE SHOP, COWORK SPACE:
New Owner could make the downstairs the coffee shop with rentable units right above. 

OFFICE SPACE:
The entire building could be used as an office with several office spaces and ways to divide up the building from private suites to conference rooms and common work spaces.

BASEMENT:
Can be rented out for workshops or mini art studios or create a divided storage facility for the tenants, or a gym.

PARKING:
Currently, there are two covered spots in the loading dock. Parking would need to be discussed with a designer/architect. Listing Agent is speaking with the neighboring owner to discuss if leasing the parking lot is an option for future buyers.

The opportunities are endless! Bring your creative idea and explore 339 Madison today.

A TOUR OF THE PROPERTY

Welcome to 339 Madison. As you walk through the front door, you are greeted by the front area currently being used as a lobby. This area could also be used as a hang out lounge. Open up the working, original display windows to put in your holiday decor or highlight your merchandise.

Continue through to the back where you’ll find a studio with an updated bathroom and kitchen. The New Owner could either rent this area out as a studio or, use it as one of the commercial office space options. 

Heading upstairs you will be met with a long hallway. This also connects to the back area of the building. As you continue all the way to the back, say hello to your new workshop. Or, convert this area into an art studio. Walk out just a little further, open up those double doors and here you will also find the loading area. With plenty of room for cars and height to be able to bring product or inventory in and out, the back area brings a nice addition to the property.

Turning back to the main staircase, go up to the top floor. Opening the wood paneled doors, you are greeted immediately with the living room and den. Take a right, noticing the fireplace and all the built in shelving. Peering out the windows, you will be able to see the Advance Rubber Stamps sign and the Madison Trolley line. 

Rotating towards the back of the building, you begin to see the rest of the current living space. You will enter into the kitchen, followed by an adorable sun room, 4 bedrooms, and 2 full bathrooms. As the New Owner, you could turn this space into a multiplex by adding a bathroom where there’s a current closet on this floor, along with another kitchen. Bedroom 4 near the South end of the building also has a stairwell that (with work) can be converted and connected back to the current loading dock level. This would allow for a 2nd entrance for another studio.

Looking back towards the North end of the building, head for the main stairs. As you take them all the way down you will enter the basement. This area is massive and ripe with potential. Use it for storage, convert it to a gym, or perhaps more art studios. 

What does 339 Madison Ave have in store for you? Will this be your businesses’ next location? Or perhaps you will make this space into the residential space of your dreams! Or, will you decide to continue in the building’s history and do both?