108 Franklin St, Madison, NC 27025

sale $560,000 | Office Bldg

Listed By CENTURY 21 Total Real Estate Solutions

Income Producing Business Investment Opportunity in Down Town 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.

Property Features

Age: Over 50 Years Old
Building Area: 5508.00 SF
Cooling: Central A/C
Cross Docks: N
Exterior Description: Brick
Flooring: Mixed
Flooring: Laminate
For Auction: N
Heating - Fuel Type: Electric
Heating Type: Heat Pump
Level Number: 1
Lot Size Desc: Under 1/2 Acre
Lot Size In Text: 0.26 Acres
MLSID: 1154677
Price Upon Request: N
Property Use: Net Leased Property
Road Type: City / Town Street
Sewer: Public
Style: Office Bldg -General
Sublease: N
Tax Year: 2023
Taxes: $2420.35
Water: Municipal Water
Year Built: 1974
Zoning: TCDMD