3656 US Highway 220, Madison, NC 27025 | MLS #1193841 | Tyler Redhead & McAlister
 
Listing provided courtesy of A New Dawn Realty, IncMLS# 1193841MLS Provider
  • 305 days on site
  • 3 views

Seize this rare opportunity to own a high-visibility, high-traffic commercial and residential property with unlimited potential! Highlights: -GAS STATION with established customer base and 2 additional RETAIL SPACES for business expansion or leasing income providing steady cash flow. With its prime location, substantial road frontage, and endless possibilities. Property will include approximately 1.5 acres +/- to be determined by a survey. Listing is a portion of a larger parcel. Listing includes: 3656 & 3670 US Highway 220. Seller will be splitting the property to be approximately 1.5 AC +/- with this property. CURRENT TOTAL RENTAL INCOME is $4100 a month for all 4 leases. Lease on Gas station expires 12/31/2033. You CAN NOT operate the gas station until the end of the lease in 2033. All other properties are month to month. SOLD AS IS More land and rentals properties available see MLS #1193874

Source: Triad MLS, MLS#: 1193841

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  • Property Type
    Commercial Sale

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Tyler Redhead & McAlister

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  • Median Age
    46
  • Population Density
    115
  • College Educated
    21%
  • Estimated Median Income
    $45,686
  • Estimated Total Home Owners
    3,607
  • Estimated Total Renters
    994
  • Owner / Renter Divide
    78% / 22%
  • Estimated Average Household Size
    2
  • Total Population
    11,346
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
9/20/2025Source: Triad MLS Price Reduction
$850,000 -14.6%
8/28/2025Source: Triad MLS Added to Database
August 28, 2025