108 N Franklin Street Active

Madison,NC 27025

$ 560000

- Bed

- Bath

5508 SqFt


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

Year Built 1974

Annual Tax Amount $2,566

Lot Size 0.270 Acres

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

Interior

Heating Heat Pump

Flooring Carpet

Exterior

Fence None

Waterfront No

Building

Story 1

New Construction No

Others

Special Listing Condition Standard

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