100 S Market St - Restaurant FOR SALE


Madison, NC 27025
$750,000 USD
336-451-0064
100 S Market St, Madison, NC for Sale
$750,000 USD
Restaurant - FOR SALE
1/28
null | Request Cap Rate

100 S Market St
Madison, NC 27025


HIGHLIGHTS

  • Two adjoining commercial buildings offered together in the heart of Downtown Madison.
  • Fully leased main-level storefronts provide immediate rental income from established businesses.
  • Value-add opportunity with expansive unfinished upper-level space awaiting redevelopment.
  • Potential to create residential apartments, office suites, studios, or additional commercial space, subject to zoning and applicable approvals.
  • Opportunity to create a mixed-use investment combining commercial income with future residential or office revenue.
  • Multiple potential income streams provide investors with opportunities to increase overall property performance.

OVERVIEW

Unlock the potential of Downtown Madison with this exceptional income-producing commercial investment opportunity! This unique offering features two side-by-side commercial buildings, each with leased businesses occupying the main-level storefronts. With both commercial spaces currently fully leased, the property offers an investor the advantage of immediate rental income from day one. The real opportunity lies above. The upper levels feature expansive unfinished space ready for transformation, providing a substantial value-add component for an investor or developer. Depending on zoning, building requirements, and approvals, the additional space could potentially be converted into residential apartments, office suites, creative studios, or additional commercial space. This combination of existing cash flow and significant redevelopment potential creates multiple avenues for increasing the property's overall value and income-producing capacity. An investor could maintain the existing commercial tenants while strategically developing the upper levels to create additional revenue streams and maximize the property's highest and best use. Situated in a prime Downtown Madison location, the property benefits from strong visibility, convenient access, and the advantages of a walkable downtown environment. Its location and flexible layout make it an attractive opportunity for investors looking to expand their portfolio, developers searching for their next value-add project, or owner-users interested in establishing a presence in the heart of the community. With income in place and substantial unfinished space ready for your vision, this property offers the rare combination of stability and upside. Explore the possibilities of transforming these two downtown buildings into a dynamic mixed-use investment while positioning yourself to capitalize on future income growth and appreciation. All potential redevelopment, residential conversion, additional uses, and changes in occupancy are subject to applicable zoning, building codes, permits, and approval by the appropriate governmental authorities.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown Madison | Income-Producing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1904

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

TCDMD

APN/PARCEL ID

119028,119035

ASK ABOUT THIS PROPERTY

Kim MartinCentury 21 Total Real Estate Solutions, LLCMore Info
336-451-0064

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Kim MartinCentury 21 Total Real Estate Solutions, LLCMore Info
336-451-0064

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.