$599,900
( $117.63Per Sq Foot )
$3,220 est/mo Sourced by Back At You106 E Murphy Street,Madison, NC 27025
Madison, NC 27025
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.
Details
| MLS # | 1212245 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1935 |
| Days On Site | 162 |
| Listing Provided By | A New Dawn Realty, Inc | Kris Cayton |
Features
| SQ Feet | 5,100 |
|---|---|
| Story(s) | 3 |
| Zoning | TCDMD |
Utilities
| Sewer | Public Sewer |
|---|---|
| Gas | Available: On-Site |
Area Information
| State | NC |
|---|---|
| County | Rockingham |
| City | Madison |
| Zip Code | 27025 |
| Area | Rockingham |
| Listing VS Median (in 27025) | |
Price: $599,900 low | high Med: $314,000 sqft: 5,100 low | high Med: 1,616 $ / sqft: $118 low | high Med: $207 On site: 162 low | high Med: 33 | |
Market Activity 27025
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Learn More About This Property
| State | NC |
|---|---|
| County | Rockingham |
| City | Madison |
| Zip Code | 27025 |
| Area | Rockingham |
| Listing VS Median (in 27025) | |
Price: $599,900 low | high Med: $314,000 sqft: 5,100 low | high Med: 1,616 $ / sqft: $118 low | high Med: $207 On site: 162 low | high Med: 33 | |
Nearby Listings (Within 1/10 mile)
Price: $449K - $749K
sqft: 3,500 - 6,000
Listing Updated: August 22, 2026 at 5:19:04 AM PDT