10884 Nc Highway 105 S 3,167 SF Vacant Retail Building Banner Elk, NC 28604 $599,000 ($189.14/SF)
INVESTMENT HIGHLIGHTS
- Situated prominently at the road frontage, central location between Banner Elk and Boone.
- Perfectly suited for a retail operation, restaurant space, or clothing boutique.
EXECUTIVE SUMMARY
This exceptional historic property is truly one of a kind, boasting 2 buildings with the sale offering 3 "rentable" spaces. The commercial building is situated prominently at the road frontage, central location between Banner Elk and Boone, offering an impressive 2,773 square feet of versatile space. This commercial venue is perfectly suited for a retail operation, restaurant space, or clothing boutique. Within the building is also a studio apartment space with 394 square feet of livable area, a kitchenette, and a separate back porch/entrance. The options are limitless!
Nestled behind a picturesque landscape of large trees and beautiful mountain scenery is an adorable cottage. This serene retreat encompasses 1,187 square feet of heated living space, providing a cozy and inviting atmosphere. With its carefully curated design, the cottage blends modern comforts with historic charm, making it an ideal sanctuary for relaxation or creative inspiration. This property truly feels like a step back in time, bursting with character and potential. It is a remarkable opportunity that you won’t want to miss—definitely a must-see for those seeking a unique investment!
Nestled behind a picturesque landscape of large trees and beautiful mountain scenery is an adorable cottage. This serene retreat encompasses 1,187 square feet of heated living space, providing a cozy and inviting atmosphere. With its carefully curated design, the cottage blends modern comforts with historic charm, making it an ideal sanctuary for relaxation or creative inspiration. This property truly feels like a step back in time, bursting with character and potential. It is a remarkable opportunity that you won’t want to miss—definitely a must-see for those seeking a unique investment!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,167 SF
Building Class
C
Year Built
1897
Price
$599,000
Price Per SF
$189.14
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
0.60 AC
Zoning
FC-H - Flexible Commercial - High Density
Parking
7 Spaces (2.21 Spaces per 1,000 SF Leased)
Frontage
283’ on North Carolina 105
PROPERTY TAXES
| Parcel Number | 1878-33-4059-000 | Improvements Assessment | $286,500 |
| Land Assessment | $91,500 | Total Assessment | $378,000 |
CONTACTS
-
Amy LaBarre -
Scott Gordon -
Blue Ridge Brokerage
