106 E Murphy - Storefront Retail/Office FOR SALE


Madison, NC 27025
$599,900 USD
336-613-2235
106 E Murphy, Madison, NC for Sale
$599,900 USD
Storefront Retail/Office - FOR SALE
1/7
null | Request Cap Rate

106 E Murphy
Madison, NC 27025


OVERVIEW

Updated multi-use investment property offering a reliable income stream and a strong rental history. This is a rare opportunity to own and shape the future of a historic property in the heart of Madison’s growing downtown area. Located within Madison’s Social/Entertainment District, local ordinances permit outdoor dining and drinking, creating excellent potential for a vibrant and inviting atmosphere. Zoned Madison Town Center, the property allows for a wide range of permitted uses. The building currently features an occupied commercial space on the main level along with three additional occupied residential apartments, providing immediate rental income.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$118 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Madison District

APN/PARCEL ID

119077,119078

ASK ABOUT THIS PROPERTY

Kris CaytonA New Dawn RealtyMore Info
336-613-2235

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Kris CaytonA New Dawn RealtyMore Info
336-613-2235

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