Madison, NC 27025,108 N Franklin Street
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Madison, NC 27025,108 N Franklin Street
Madison, NC 27025,108 N Franklin Street
Madison, NC 27025,108 N Franklin Street
Madison, NC 27025,108 N Franklin Street
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Listed by TOTAL REAL ESTATE SOLUTIONS LL
$ 560,000
Est. payment /mo
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Active

108 N Franklin Street Madison, NC 27025

5,508 SqFt


UPDATED:

10/19/2024 08:25 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 5,508 sqft

Price per Sqft $101

MLS Listing ID 10051500

Abv Grd Liv Area 5,508

Originating Board Triangle MLS

Year Built 1974

Annual Tax Amount $2,566

Lot Size 0.270 Acres

Acres 0.27

Property 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.

Location

State NC

County Rockingham

Zoning TCDMD

Direction From US 22O/Thomas A Burton Hwy toward Madison, Take ramp onto Wesley D Webster Hwy/US-311 toward NC-704 W., Turn right onto S Franklin St, go .2 miles and property will be on the right

Interior

Heating Heat Pump

Flooring Carpet

Exterior

Fence None

Waterfront No

Handicap Access Accessible Approach with Ramp

Private Pool No

Building

Faces From US 22O/Thomas A Burton Hwy toward Madison, Take ramp onto Wesley D Webster Hwy/US-311 toward NC-704 W., Turn right onto S Franklin St, go .2 miles and property will be on the right

Story 1

Level or Stories 1

New Construction No

Others

Tax ID 118946

Special Listing Condition Standard


Doorify MLS / Triangle MLS

The Overman Group

+1(336) 932-2392

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108 N Franklin Street