269 Valley River Ave - Retail FOR SALE


Murphy, NC 28906
$799,000 USD
828-361-4500
269 Valley River Ave, Murphy, NC for Sale
$799,000 USD
Retail - FOR SALE
1/27
null | Request Cap Rate

269 Valley River Ave
Murphy, NC 28906


HIGHLIGHTS

  • Local Eatery
  • Located in downtown
  • Lots of car & foot traffic

OVERVIEW

Exceptional opportunity to own a well-established, standalone restaurant in the heart of Murphy, NC. Located on busy Valley River Avenue with outstanding visibility and easy access, this turnkey property sits on its own site with dedicated parking and strong street presence. Known by locals and visitors alike, the restaurant offers a welcoming dining area, efficient commercial kitchen, and a highly recognizable location along one of Murphy's main commercial corridors. Financially, this property stands out: the current restaurant's net operating income is significantly higher than most comparable operations in the area, making it appealing for both investors and owner-operators. This versatile offering presents endless possibilities for continued restaurant operations or new ventures. Benefit from strong traffic counts, established community presence, and a prime location just minutes from downtown Murphy, Harrah's Cherokee Valley River Casino, and mountain attractions. Business, equipment, furnishings, and inventory convey per terms of sale.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$369 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

HB

APN/PARCEL ID

4592-11-55-8374-000

ASK ABOUT THIS PROPERTY

David RitzRE/MAX Mountain PropertiesMore Info
828-361-4500

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David RitzRE/MAX Mountain PropertiesMore Info
828-361-4500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.