Overview

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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.

Address

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Address: Murphy
City: Madison
State/county: Rockingham
Zip/Postal Code: 27025

Details

Updated on March 16, 2026 at 10:32 pm

Price $599,900
Year Built 1935
Type Remarks
Property Status Commercial Sale

Additional details

List Agent Name Kris Cayton

Features

Listing Brokerage: A New Dawn Realty, Inc

Contact Information

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