New ListingPrime 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.
| MLS # | 4418040 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 1 |
| Listing Provided By | Daybreak Property Holdings | Scot Zalewski |
| Bath(s) | 4 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.01 |
| Water Front | Yes |
| Property View | City |
| Cooling | Ductless, Electric, ENERGY STAR Qualified Equipment, Multi Units, Separate Meters |
|---|---|
| Heating | Ductless, Electric, ENERGY STAR Qualified Equipment, Separate Meters |
| Window Features | Display Window(s) |
| Appliances | ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dryer |
| Security Features | Smoke Detector(s) |
|---|---|
| Construction Materials | Brick Full |
| Foundation Details | Basement |
| Lot Features | Flood Plain/Bottom Land, Level |
| Parking Features | On Street, Parking Space(s) |
|---|
| Utilities | Electricity Connected, Fiber Optics, Satellite Internet Available, Wired Internet Available |
|---|
| Property | 238499 |
|---|
| State | NC |
|---|---|
| County | Madison |
| City | Marshall |
| Zip Code | 28753 |
| Area | Madison |
| Listing VS Median (in 28753) | |
Price: $895,000 low | high Med: $475,000 On site: 1 low | high Med: 182 | |
| State | NC |
|---|---|
| County | Madison |
| City | Marshall |
| Zip Code | 28753 |
| Area | Madison |
| Listing VS Median (in 28753) | |
Price: $895,000 low | high Med: $475,000 On site: 1 low | high Med: 182 | |