Income-Producing Office Investment
For Sale
Contact for pricing
108 N Franklin St, Madison, NC 27025
Fully leased office building in Downtown Madison, generating stable income.
Property Size5,600 SF
Price / SF$100
Days on Market711
Property Features for 108 N Franklin St
General Information
Standard status
Active
Size
5,600 SF
Property subtype
Office
Zoning
TCDMD
Occupancy
55%
Lease Type
Net
Building Details
Year Built
1974
Year Renovated
2020
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
CENTURY 21 Total Real Estate Solutions
(406) 799-3145
Listed By:
Kim Martin · License #202186
Source:
Crexi
Added: Sep 9, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:31AM
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
Investment Insights
Based on property information with market context.
This is an opportunity to acquire a fully leased, income-producing office property located in Downtown Madison, North Carolina. The renovated building features four individual office suites, each currently leased at $1,000 per month, generating a gross monthly income of $4,000. Renovations were completed in 2020 and include interior updates and new heat pumps/central air. Each suite offers a private entrance and access to additional parking. Tenants are secured with three-year leases. The property is located within short distance to downtown shops and restaurants and approximately 2 miles from US-220 / I-73. The property size is 5,600 square feet. This turnkey investment is suited for investors seeking immediate cash flow in a desirable downtown setting.
Key Highlights
- Fully leased, income‑producing office property generating $4,000 gross monthly income
- Located in the heart of Downtown Madison, NC
- Renovated in 2020 with interior updates and new heat pumps/central air
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Explore this area
Business Placement
Demographics for 27025, NC
10,769
Population
5,513
Households
2
Avg Household Size
47
Median Age
15%
College-Educated
83%
High-School Grad
97.7 sq mi
ZIP Area
110
Density / Sq Mi
$53,075
Median Household Income
$36,261
Median Earnings
$709
Median Rent
$168,900
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Fully leased office building in Downtown Madison, generating stable income.
Where is this office building located?
The property is located at 108 N Franklin St 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: Fully leased, income‑producing office property generating $4,000 gross monthly income; Located in the heart of Downtown Madison, NC; Renovated in 2020 with interior updates and new heat pumps/central air
