3656 US Highway 220, Madison, NC 27025
sale
$850,000
|
Other
Courtesy Of A New Dawn Realty
Seize this rare opportunity to own a high-visibility, high-traffic commercial and residential property with unlimited potential! Highlights: -GAS STATION with established customer base -2 additional RETAIL SPACES for business expansion or leasing income -1 RENTAL property providing steady cash flow -Dual zoning (commercial & residential) allows for flexible usage With its prime location, substantial road frontage, and endless possibilities. Property will include approximately 1.5 acres +/- to be determined by a survey. Listing is a portion of a larger parcel.
Listing includes: 3656 & 3670 US Highway 220. Seller will be splitting the property to be approximately 1.5 AC +/- with this property. CURRENT TOTAL RENTAL INCOME is $4100 a month for all 4 leases. Lease on Gas station expires 12/31/2033. You CAN NOT operate the gas station until the end of the lease in 2033. All other properties are month to month. SOLD AS IS
More land and rentals properties available see MLS #1193874
Listing includes: 3656 & 3670 US Highway 220. Seller will be splitting the property to be approximately 1.5 AC +/- with this property. CURRENT TOTAL RENTAL INCOME is $4100 a month for all 4 leases. Lease on Gas station expires 12/31/2033. You CAN NOT operate the gas station until the end of the lease in 2033. All other properties are month to month. SOLD AS IS
More land and rentals properties available see MLS #1193874
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- MLSID: 1193841
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