For sale

$560,000

108 N Franklin St, Madison, NC 27025

--beds

--baths

--sqft

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Office

Built in 1974

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

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.

677 days

49

1

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Facts & features

Interior

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 5,600

Property

Parking

Total spaces: 12

Features

Stories: 1

Lot

Features: City Lot

Details

Parcel number: 118946
Zoning: TCDMD
Special conditions: Owner Sale

Construction

Type & style

Home type: SingleFamily
Property subtype: Office

Condition

Year built: 1974
Major remodel year: 2022

Utilities & green energy

Gas: Available: On-Site
Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Madison

Financial & listing details

Tax assessed value: $200,453
Date on market: 9/5/2024
Cumulative days on market: 677 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/26/2026	Listed for sale	$560,000
Source: Triad MLS #1154677 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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