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3656 Us Highway 220, Madison, NC, 27025

--beds
--baths
0sqft
$850,000
--price/sqft
$5,289/moest. monthly cost
$211,560/yrincome needed

About This Home

Seize this rare opportunity to own a high-visibility, high-traffic commercial and residential property with unlimited potential! Highlights: -GAS STATION with established customer base and 2 additional RETAIL SPACES for business expansion or leasing income providing steady cash flow. With its prime location, substantial road frontage, and endless possibilities. Property will include approximately 1.5 acres +/- to be determined by a survey. Listing is a portion of a larger parcel. Listing includes: 3656 & 3670 US Highway 220. Seller will be splitting the property to be approximately 1.5 AC +/- with this property. CURRENT TOTAL RENTAL INCOME is $4100 a month for all 4 leases. Lease on Gas station expires 12/31/2033. You CAN NOT operate the gas station until the end of the lease in 2033. All other properties are month to month. SOLD AS IS More land and rentals properties available see MLS #1193874

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

6/10
Huntsville ElementaryGrades PK-51.1 mi
8/10
Western Rockingham MiddleGrades PK,6-84.5 mi
5/10
Dalton Mcmichael HighGrades 9-124.9 mi

Construction

Condition

  • Year built: 1976

Type & Style

  • Home type: SingleFamily

Interior

Interior Area

  • Total structure area: 3,395

Property

Details

  • Parcel number: 182935
  • Zoning: HC-CD & RA
  • Special condition: Owner Sale

Features

  • Stories: 1

Lot

  • Features: Cleared,Corner Lot