$ 560,000
108 Franklin ST Madison, NC 27025
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$ 560,000
Est. payment | /mo
$ 560,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1154677
HOA Y/N No
Originating Board Triad MLS
Year Built 1974
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
Exterior
Total Parking Spaces 12
Building
Lot Description City Lot
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Century 21 Total Real Estate Solutions, LLC
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Andrea Wilhelm
Broker-Owner | Lic# 224507