89 Tennessee ST, Murphy, NC 28906
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89 Tennessee ST, Murphy, NC 28906
89 Tennessee ST, Murphy, NC 28906
89 Tennessee ST, Murphy, NC 28906
89 Tennessee ST, Murphy, NC 28906
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$ 709,000
Est. payment /mo
Active

89 Tennessee ST Murphy, NC 28906

3,600 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $196

MLS Listing ID 98543952

Year Built 1921

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 0.04

Source Hive MLS

Property Description

Own a Profitable Downtown Murphy, NC Restaurant + Income-Producing Luxury Loft. Step into a rare turn-key commercial investment opportunity in downtown Murphy, North Carolina, featuring the iconic Red Brick Deli, a well-established and profitable restaurant in the heart of the Western NC mountains. Located on bustling Tennessee Street, this high-visibility, walkable location is surrounded by popular boutiques, breweries, and thriving small businesses making it a prime destination for both locals and tourists exploring the Appalachian Mountains. This income-producing commercial property offers more than just a successful restaurant, it delivers a complete live/work or investment lifestyle opportunity. The Red Brick Deli is a recognized local favorite with a strong reputation, loyal customer base, and consistent foot traffic. Fully operational and equipped, this is a true turn-key restaurant business ready for immediate ownership. Above the commercial space, you'll find a stunning upscale loft-style apartment, ideal for an owner-operator, executive rental, or short-term rental/Airbnb income stream in Murphy's growing tourism market. Luxury Apartment Features Include: 10-foot ceilings and oversized windows with abundant natural light, Hardwood floors, granite countertops, and custom cabinetry, 2 bedrooms, 2 bathrooms, plus office/bonus space, Private entrance for added exclusivity and privacy. This unique mixed-use property combines commercial income, residential luxury, and prime downtown real estate a rare find in Cherokee County. Whether you're an investor seeking multiple income streams, an entrepreneur looking for a profitable business opportunity, or a buyer wanting a mountain lifestyle with built-in income, this property checks every box. Don't miss your chance to own a landmark business and premium downtown property in Murphy, NC.

Location

State NC

County Cherokee

Zoning C-3 General Business

Direction From the intersection of Hwy 64 and Hwy's 19/74 proceed West onto Peachtree Street and into downtown Historic Murphy. Take second exit on roundabout onto Tennesee St (straight over) and the building will be on you left

Interior

Heating Electric

Cooling Central Air

Flooring Wood, Hardwood

Exterior

Utilities Available Cable High Speed

Roof Type Other

Garage No

Building

Lot Description Level

Foundation Crawl Space

Water Public

Others

Tax ID 459210453520000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Fiv Realty Co
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89 Tennessee ST