20 S Main Street Marshall, NC $ 895,000
20 S Main Street
$ 895,000
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20 S Main Street

Marshall, NC, 28753
$ 895,000
Bedrooms-- Baths4.0

Monthly Estimate*

$ 6,182

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Commercial Property for sale in Marshall, NC

for $895,000 with 4 full baths. This building was built in 1955 on a lot size of 0.005.

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.

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Commercial Active

Price

$ 895,000

Full Bath

4

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.005

Year Built

1955

Town/City

Marshall

County/Region

Madison

MLS | Web ID

4418040

Features
General
Sewer Public Sewer
Heating Ductless Electric ENERGY STAR Qualified Equipment Separate Meters
Cooling Ductless Electric ENERGY STAR Qualified Equipment Multi Units Separate Meters
Utilities Electricity Connected Fiber Optics Satellite Internet Available Wired Internet Available
Appliances ENERGY STAR Qualified Washer ENERGY STAR Qualified Dryer
Patio/Porch Features Covered Rear Porch
Security Features Smoke Detector(s)
Construction Materials Brick Full
Exclusions None
Year Built 1955
View City
Stories Count 2
Property Subtype Retail
Parcel Number 9706-75-8351
Gross Income 61800
Waterfront Features None
Accessibility Two or More Access Exits
County Madison
Operating Expense 5800
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial Multi-Family
Directions From 25/70 drive to Business 70 towards downtown Marshall.
City Marshall
Senior Community Y/N N
Number Of Units Total 4
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 4
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://youtu.be/wJT9-oVxKro https://youtu.be/wJT9-oVxKro
Standard Status Active
Construction Type Site Built
Restrictions No Restrictions Short Term Rental Allowed
Tax Assessed Value 238499
Listing Terms Cash Conventional Private
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Interior
Basement Exterior Entry Partial
Flooring Wood
Basement (Y/N) Y
Window Features Display Window(s)
Below Grade Finished Area 0
Total Baths 4
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Exterior
Parking Features On Street Parking Space(s)
Lot Features Flood Plain/Bottom Land Level
Water Source City
Total Parking 2
Inclusions Building Fixtures Land
Lot Size Area 0.005
Foundation Details Basement
Number of Buildings 1
Road Surface Type Paved
Covered Spaces 0
Road Frontage Type City Street
Road Responsibility Publicly Maintained Road
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Internal Only
Street Number 1 20
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* Excluded Features
List By
Daybreak Property Holdings

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$6,182
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,182
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/1/2026$895,000 Listed Price

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20 S Main Street, Marshall, NC, 28753 is a Commercial Property for sale at $895,000 with a lot size of 0.005. 20 S Main Street has 4.0 baths and was built in 1955. The property's zip code is 28753 which is in Marshall, NC