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$895,000 Just Listed
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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.
Full Property Details
Full Property Details for 20 S Main St
General
- Price: $895,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4418040
- Updated: 9/1/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dryer
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 4
Parking
- Parking Features: On Street, Parking Space(s)
Location
- County: Madison
- Driving Directions: From 25/70 drive to Business 70 towards downtown Marshall.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ductless, Electric, ENERGY STAR Qualified Equipment, Multi Units, Separate Meters
- Heating Type: Ductless, Electric, ENERGY STAR Qualified Equipment, Separate Meters
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected, Fiber Optics, Satellite Internet Available, Wired Internet Available
Structural Information
- # Buildings: 1
- Construction: Site Built
- Exterior Const.: Brick Full
- Basement: Yes
- Basement Desc.: Exterior Entry, Partial
- Ceiling Height: 17
- Min Required: 7.2 Sq. Ft.
- Minimum Avail: 6,801 Sq. Ft.
- Year Built: 1955
Lot Features
- Street/Road Desc.: Paved
- Lot Features: Flood Plain/Bottom Land, Level
Financial Considerations
- Operating Expenses: $5,800
- Terms: Cash, Conventional, Private
Disclosures and Reports
- Restrictions: No Restrictions, Short Term Rental Allowed
- Inclusions: Building, Fixtures, Land
- Property ID: 9706-75-8351
- Lot Number: 567/468
Listed by Daybreak Property Holdings
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Schools
Schools serving 20 S Main St
School District:Madison County Schools
| Name | Grades | Distance |
|---|---|---|
Brush Creek Elementary School 265 Upper Brush Creek Road, Marshall, NC 28753 | K-5 | 3.6 mi |
Madison Middle School 95 Upper Brush Creek Road, Marshall, NC 28753 | 6-8 | 3.4 mi |
Madison Early College High School 5734 U.S. 25, Marshall, NC 28753 | 9-12 | 1.3 mi |
Madison High School 5740 U.S. 25, Marshall, NC 28753 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 S Main St
Date
Details
Price
Change
Source
9/01/2026
Listed
$895,000
336.59%
MLS
2/27/2014
Sold
$205,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,415
-14%
$193,064
81%
2024
$1,637
100%
$106,728
-60%
2022
-100%
$270,119
—
2019
$940
—
$270,119
103%
2019
$940
36%
$133,335
—
2018
$693
-49%
$133,335
—
2017
$1,347
—
$133,335
—
2016
$1,347
—
$133,335
—
2015
$1,347
—
$133,335
—
2014
$1,347
-2%
$133,335
-2%
2013
$1,374
—
$135,999
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20 S Main St
20 S Main Street, Marshall, NC 28753 (MLS# 4418040) is a Commercial property. 20 S Main Street is currently listed for $895,000 and was received on September 01, 2026. Want to learn more about 20 S Main Street? Do you have questions about finding other Commercial real estate for sale in Marshall? You can browse all Marshall real estate or contact a Coldwell Banker agent to request more information.

