108 N Franklin Street , Madison, NC 27025
Madison, NC 27025
Description
Income Producing Business Investment Opportunity in DownTown Madison, NC! This renovated building has 4 offices suites that are currently rented at $1000 per month with a monthly gross income of $4000 per month. Renovations were completed in 2020 including interior remodeling and new heat pumps/central air! Each unit has a separate entrance and extra parking! Tenants have a 3 year lease in place with guaranteed income! This building is conveniently located and in walking distance to all shops and restaurants. The location is roughly 2 miles off of 220/I73! Private showings available by appointment only-please do not approach the building or disturb tenants.
Details
| MLS# | 10051500 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1974 |
| Days On Site | 36 |
| Listing Provided By | TOTAL REAL ESTATE SOLUTIONS LL | Kim Martin |
Features
| SQ Feet | 5,508 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Zoning | TCDMD |
| Acreage | 0.27 |
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Learn More About This Property
| State | NC |
|---|---|
| County | Rockingham |
| City | Madison |
| Zip Code | 27025 |
| Area | Rockingham |
| Listing VS Median (in 27025) | |
Price: $560,000 low | high Med: $560,000 SqFt: 5,508 low | high Med: 5,508 $ / SqFt: $102 low | high Med: $102 On Site: 36 low | high Med: 36.000000 | |