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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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20 S Main St , Marshall, NC 28753
$895,000
Est. Payment: $5,029.93/mo
4 Bath
Status: active | Days on site: 9
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R04422 - R40653
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Terri Bias
Operator/Brokerage Owner

House 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.

Highlights

Listed by Scot Zalewski , 423-823-7904 Daybreak Property Holdings , 423-823-7904. Canopy MLS mls logo

Property Type

Commercial Sale

Year Built

1955

County

Madison

Listing ID

4418040

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:4
Appliances:ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dryer
Air Cond:Ductless,Electric,ENERGY STAR Qualified Equipment,Multi Units,Separate Meters
Fireplaces:
Floor:Wood
Basement:Exterior Entry,Partial
Water:City

Exterior Features

Lot:Flood Plain/Bottom Land,Level
Garage Capacity:2
Sewer:Public Sewer
Parking Features:On Street,Parking Space(s)
Principal Interest
$5,030
Taxes
$571

Home Price

$895,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$179,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,029.93

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,029.93 $570.56 $0.00 $5,600.49
Yearly $60,359.17 $6,846.75 $0.00 $67,205.92
Total $1,810,774.96 $205,402.50 $0.00 $2,016,177.46

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Marshall, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-14T11:50:06.000Z

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