New price for 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.
- Heating System:
- Electric, Ductless, Separate Meters, ENERGY STAR Qualified Equipment
- Cooling System:
- Separate Meters, Electric, Multi Units, Ductless, ENERGY STAR Qualified Equipment
- Basement:
- Partial
- Patio:
- Covered, Rear Porch
- Parking:
- On Street, Parking Space(s)
- Flooring:
- Wood
- Sewer:
- Public Sewer
- Utilities:
- Electricity Connected, Wired Internet Available, Satellite Internet Available, Fiber Optics
- Waterfront Features:
- None
- Window Features:
- Display Window(s)
- Appliances:
- ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dryer
- Country:
- US
- State:
- NC
- County:
- Madison
- City:
- Marshall
- Zipcode:
- 28753
- Street:
- Main
- Street Number:
- 20
- Street Suffix:
- Street
- Longitude:
- W83° 18' 58.5''
- Latitude:
- N35° 47' 49.7''
- Directions:
- From 25/70 drive to Business 70 towards downtown Marshall.
- Street Dir Prefix:
- S
- Street Dir Suffix:
- S
- Office Name:
- Daybreak Property Holdings
- Agent Name:
- Scot Zalewski
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- Accessibility Features:
- Two or More Access Exits
- Construction Materials:
- Brick Full
- Foundation Details:
- Basement
- Lot Features:
- Level, Flood Plain/Bottom Land
- Number Of Units Total:
- 4
- Possible Use:
- Commercial,Multi-Family
- Previous Price:
- 895000
- Stories:
- 2
- Video Url:
- https://youtu.be/wJT9-oVxKro
- Virtual Tour:
- https://youtu.be/wJT9-oVxKro
- Water Source:
- City
- List Agent Mls Id:
- R40653
- List Office Mls Id:
- R04422
- Listing Term:
- Cash,Conventional,Private
- Mls Status:
- Active
- Modification Timestamp:
- 2026-10-26T18:27:07Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-09-01T18:12:16Z
Commercial Sale For Sale
20 S Main Street, Marshall, North Carolina 28753
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 4418040
- Price :
- $874,500
- View :
- City
- Bathrooms :
- 4
- Year Built :
- 1955
- Status :
- Active
- Property Sub Type :
- Retail
