20 S Main Street, Marshall, NC 28753
- $895,000
- 4
- BA
- List Price
- $895,000
- MLS#
- 4418040
- Status
- ACTIVE
- Property Type
- Commercial Sale
- Year Built
- 1955
- Days on Market
- 12
- Bathrooms
- 4
- Lot Size
- 217
- Lot Size Area
- 0.005
- County
- Madison
Property Description
Prime Downtown Marshall Income-Producing Investment Own a piece of historic downtown Marshall with this distinctive two-story brick commercial and residential building, fully leased and generating $5,200 per month in rental income. The property features charming retail space on the main level with soaring 17’ ceilings and three apartments above, creating a diversified income stream in one of Marshall’s most desirable and walkable locations. The building’s historic brick architecture and prominent Main Street presence offer exceptional character and visibility, while the combination of commercial and residential tenants provides an attractive investment profile. The property was remodeled and updated in 2015 and again in 2025, offering modern improvements while preserving its historic charm. With all four spaces currently rented, this property offers immediate income with no lease-up required and the potential to benefit from Marshall’s continued revitalization and growing appeal as a destination for residents, tourists, visitors, and businesses. Historic character. Established income. Prime downtown location. A compelling opportunity for the investor looking to own a piece of Marshall’s future.
Additional Information
- Floor Coverings
- Wood
- Equipment
- ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dryer
- Foundation
- Basement
- Heating
- Ductless, Electric, ENERGY STAR Qualified Equipment, Separate Meters
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Brick Full
- Parking
- On Street, Parking Space(s)
- Driveway
- Paved
- Lot Description
- Flood Plain/Bottom Land, Level
- Special Conditions
- None
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Listing courtesy of Daybreak Property Holdings. sscotski@gmail.com
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