20 S Main Street, Marshall, NC 28753

$895,000
4
BA

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Listing courtesy of Daybreak Property Holdings. sscotski@gmail.com

List Price
$895,000
MLS#
4418040
Status
ACTIVE
Days on Market
10
Property Type
Commercial Sale
Year Built
1955
Bathrooms
4
Lot Size
217
Lot Size Area
0.005
County
Madison
Special Conditions
None
Waterfront Features
None

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

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