$599,900
About this home
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.
Property details
- MLS
- Triad MLS
- MLS #
- 1212245
- Property type
- Remarks
- Subdivision
- N/A
- Status
- Active
- Days on market
- 206
- On market date
- March 13, 2026
- Stories
- 3
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 327
- Student:teacher ratio
- 14.9:1
- District
- Rockingham County Schools
- Enrollment
- 584
- Student:teacher ratio
- 15.8:1
- District
- Rockingham County Schools
- Enrollment
- 738
- Student:teacher ratio
- 16.0:1
- District
- Rockingham County Schools
Walkability
Blended score for Madison's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated 26 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.