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269 Valley River Ave 2,167 SF 100% Leased Retail Building Murphy, NC 28906 $799,000 ($368.71/SF)
Investment Highlights
- Local Eatery
- Lots of car & foot traffic
- Located in downtown
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Building Size
2,167 SF
Year Built
1976
Price
$799,000
Price Per SF
$368.71
Percent Leased
100%
Building Height
1 Story
Building FAR
0.15
Lot Size
0.33 AC
Zoning
HB
Frontage
104’ on Valley River Ave
Amenities
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4592-11-55-8374-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $226,520 |
Property Taxes
Parcel Number
4592-11-55-8374-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$226,520
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Contact the Sale Advisor
269 Valley River Ave