For Sale
$560,000

108 Franklin St Madison, NC 27025

Income-producing, renovated office suites.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional investment opportunity awaits with this renovated 5,508 square foot office building located at 108 N Franklin St, Madison, NC 27025. Built in 1974 and extensively renovated in 2020, this single-story property boasts four individual office suites, each with its own separate entrance, currently leased at $1,000 per month, generating a gross monthly income of $4,000. Tenants are under a three-year lease, providing guaranteed income for the investor. The interior remodel included updated HVAC systems (heat pumps/central air). Ample parking is available for tenants and clients. The property is zoned TCDMD and enjoys a prime downtown location, within walking distance of local shops and restaurants. Its convenient proximity to I-73/220 (approximately 2 miles) further enhances its appeal. The asking price is $560,000. Private showings are available by appointment only

Highlights

  • Renovated 5,508 sq ft office building in Madison, NC.
  • Four individual office suites, each with a separate entrance, currently leased for $1,000/month each.
  • $4,000 gross monthly income from three-year leases.
  • Updated HVAC (heat pumps/central air) and ample parking.
  • Prime downtown location near I-73/220, zoned TCDMD.
  • Asking price: $560,000.

Property Details for 108 Franklin St

Property type
Office properties
Square Feet
5,508 SF
Year Built/Renovated
1974/2020
Stories
1
Units
4

Location Insight

City
Madison
County
Rockingham
State
North Carolina
Latitude
36.3881122
Longitude
-79.9614011

Nearby Similar for Sale

  • For Sale Call for price

    Madison Office Space - Prime Location

    Functional Office Space, Ready December 2024

    118 Murphy St
    Madison, NC
    View Details
  • For Sale
    $560,000

    Madison Office Building Investment

    Downtown Madison, NC income-producing property

    108 Franklin St
    Madison, NC
    View Details
  • For Sale
    $1,104,622

    Madison, NC Medical Office Building

    High-yield, single-tenant medical office investment.

    714 Highway St
    Madison, NC
    View Details
  • For Sale
    $560,000

    Madison Office Building Investment

    High-Yield, Downtown Madison Office Suites

    108 Franklin St
    Madison, NC
    View Details
  • For Sale
    $1,400,000

    Boma Lodge Event Center

    Rustic Event Venue, 26 Acres

    2741 Nc-704
    Madison, NC
    View Details
  • For Sale
    $225,000

    Downtown Madison Retail Space

    Prime location, renovated, versatile 1,350 SF

    107 Murphy St
    Madison, NC
    View Details

FAQs

What type of property is this?
Office property - Income-producing, renovated office suites.
Where is the office property located?
The property is located at 108 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: Renovated 5,508 sq ft office building in Madison, NC.; Four individual office suites, each with a separate entrance, currently leased for $1,000/month each.; $4,000 gross monthly income from three-year leases.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Property Records

Contacts

Kim Martin
Visit Broker Website

Learn more

Useful Information

Request information

Franklin St
Madison, NC 27025

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

Franklin St
Madison, NC 27025

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

108 Franklin St
  • Kim Martin
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.