108 Franklin Street Madison, NC 27025
Four renovated office suites in downtown Madison, NC, with guaranteed income.
Type:Office
- Added:
- Sep 4, 2024
- Days on Market:
- 594
- Last Refresh:
- Apr 1 at 9:19 pm
Property Features for 108 Franklin Street
General Information
- Standard status
- Active
- Property subtype
- Office
Building Details
- Year Built
- 1974
Listing agent Kim Martin
Listing office Century 21 Total Real Estate Solutions, LLC (336) 887-4599
Listing date Sep 4, 2024
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Total Real Estate Solutions, LLC
Overview
Renovated Income-Producing Office Suites
This renovated building in downtown Madison, NC, presents an income-producing business investment opportunity. The property features four office suites, each currently rented for $1000 per month, generating a total monthly gross income of $4000. Renovations were completed in 2020, including interior remodeling and the installation of new heat pumps and central air conditioning. Each unit has a separate entrance and access to extra parking. Tenants are in place with a 3-year lease, providing guaranteed income. The building is conveniently located within walking distance of shops and restaurants and is roughly 2 miles from 220/I73.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Rockingham
- State
- North Carolina
- Longitude
- -79.961377
- Latitude
- 36.388083
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FAQs
What type of property is this?
Office units - Four renovated office suites in downtown Madison, NC, with guaranteed income.
Where is this office units located?
The property is located at 108 Franklin Street Madison, NC.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Income‑producing commercial property with $4000 monthly gross income.; Four office suites, each currently rented, providing a stable investment.; Tenants have 3‑year leases in place, guaranteeing income.
