Share This Listing

Message

957 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

3385 US Highway 321 S
Blowing Rock, NC 28605
Office Property For Sale

Investment Highlights

  • AADT of 18,000+
  • Back Apartment
  • New River frontage
  • Multiple Bedrooms
  • Ample Storage
  • Multiple power meters

Executive Summary

Exceptional opportunity to acquire a flexible mixed-use property with prominent exposure along US Highway 321 between Boone and Blowing Rock, North Carolina.?
The approximately 3,033± SF building offers an existing combination of commercial/retail and residential space.? Approximately 1,837 SF on the first floor and 1,196 SF on the second floor.?
The main level includes open commercial/retail space, office/storage areas, kitchen, bathrooms and residential accommodations.? The upper level provides additional residential living space with bedrooms, kitchen, living area and baths.?
The property's existing mixed-use configuration provides flexibility for an owner-user, investor, retail or professional office user, boutique hotel concept, possible student housing, live/work arrangement, residential rental strategy or other mixed-use/income-producing configuration, subject to zoning, septic capacity, occupancy requirements and applicable governmental approvals.?
The property benefits from substantial highway exposure.? Available NCDOT traffic information indicates approximately 18,000+ vehicles per day along the US Highway 321 corridor in the vicinity of the property.?
Property improvements and features include an approximately 8-year-old 55-year metal roof, replacement windows, commercial vapor barrier, approximately $30,000 commercial basement dehumidification system, wood flooring and wall finishes, propane heat, electric baseboard heat, window A/C units and five separate electrical meters.? The property is served by a well and private septic system.?
The property's multiple bedrooms, kitchens, baths and living areas provide an existing layout that may lend itself to a variety of potential repositioning strategies.? Potential uses could include commercial + residential, boutique lodging, possible student housing, professional office, specialty retail, live/work or other investment configurations, subject to governmental approval.?
The strategic location along the Boone–Blowing Rock corridor combined with the property's existing mixed-use layout creates an unusual opportunity for a purchaser seeking commercial visibility together with residential, lodging or other income-producing potential in the High Country.?

Property Facts

Sale Type
Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,110 SF
Building Class
C
Year Built/Renovated
1950/2021
Price
$825,000
Price Per SF
$265.27
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,555 SF
Building FAR
0.14
Lot Size
0.50 AC
Zoning
None - No zoning in Watauga County.

Property Taxes

Property Taxes

Parcel Number
2819-85-4370-000
Land Assessment
$59,900
Improvements Assessment
$201,920
Total Assessment
$261,820
  • Listing ID: 42100486

  • Date on Market: 7/7/2026

  • Last Updated:

  • Address: 3385 US Highway 321 S, Blowing Rock, NC 28605

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}