25
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$599,900
Est. payment /mo
Active
106 E Murphy ST Madison, NC 27025
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Key Details
Property Type Commercial
Sub Type Remarks
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1212245
HOA Y/N No
Year Built 1935
Property Sub-Type Remarks
Source Triad MLS
Property Description
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.
Location
State NC
County Rockingham
Building
Story 3
Sewer Public Sewer
Water Public
Level or Stories 3
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Kris Cayton • A New Dawn Realty, Inc
Nearby Locations
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