Banner Elk, NC Commercial Real Estate for Sale

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Beech Mountain, NC Elk Park, NC Sugar Mountain, NC Lenoir, NC Linville, NC Seven Devils, NC Blowing Rock, NC Sugar Grove, NC

12 properties

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Updated: May 27

Leased Four-Suite Office Building

2780 Tynecastle Highway, Banner Elk, NC 28604

$775,000

0.29 AC lot

Four separate office suites; all four are currently leased
0.29‑acre commercial property at 2780 Tynecastle Highway
Built in 1993
Rear decks overlook the Elk River headwaters and Sugar Mountain Ski Resort slopes
Near downtown Banner Elk, Sugar Mountain Resort, and the Shops of Tynecastle

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Updated: Apr 29

Building Site in Banner Elk

Pasture Lane lot: 9, Banner Elk, NC 28604

$155,000

0.23 AC lot

Convenient year‑round access and easy build on a level lot.
City water and sewer available with underground utilities.
Prime location in the heart of Banner Elk.
Minutes from Artisanal, Banner Elk Park, Lees McRae College, dining, galleries, theater, golf and skiing.
Access to three stocked trout ponds.

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Mixed-Use Property with Guest Quarters

1644 Broadstone Road, Banner Elk, NC 28604

$995,000

2.91 AC lot

Versatile property with separate living quarters, multiple outbuildings, and updated building systems on a substantial mountain parcel.

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Versatile Valle Crucis Estate

1644 Broadstone Road, Banner Elk, NC 28604

$995,000

5,100 sqft 3.00 AC lot

5,100 sq ft property with limitless opportunities.

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Unrestricted Land with Road Frontage

455 Shawnee Road, Banner Elk, NC 28604

$1,500,000

42.43 AC lot

Unrestricted acreage with power on-site and frontage on two roads, offering flexibility for estate, horses, or livestock use.

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Warehouse Building with Sewer Service

2331 Tynecastle Highway, Banner Elk, NC 28604

$429,777

0.43 AC lot

Commercial structure served by a private well and Banner Elk Sewer.

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Land Near Downtown Banner Elk

Horseshoe Creek Road lot: 1, Banner Elk, NC 28604

$265,000

2.98 AC lot

2.98 acre parcel near Downtown Banner Elk with creek.

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Multi-Use Industrial Warehouse Building

2331 Tynecastle Highway, Banner Elk, NC 28604

$429,777

For-sale industrial warehouse with packing and shipping history, private well, and additional parking potential on-site.

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Highway 105 Commercial Lot

5221 NC Highway 105, Banner Elk, NC 28604

$195,000

Commercial lot with road visibility and mountain views.

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Bed & Breakfast Cabin with Suites

1709 Broadstone Road, Banner Elk, NC 28604

Contact for pricing

Custom-built cabin features five master suites with full private baths, plus shared living areas and a covered deck.

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Historic Bed & Breakfast Inn

4584 NC Highway 194, Banner Elk, NC 28604

Contact for pricing

Historic inn features 9 guest rooms, furnished operation, and a large commercial-grade kitchen.

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Prime Commercial Tract in Banner Elk

Tynecastle Hwy, Banner Elk, NC 28604

Contact for pricing

17.70 AC lot

17.7+ acre commercial tract with high visibility and access.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Banner Elk, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Flex Space

151 H O Aldridge Road, Boone, NC 28607

$535,000

0.10 AC lot

Flexible commercial property combines warehouse, office, and storage areas with paved access and onsite parking.

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Log Bed & Breakfast With Guest Suites

315 Lazy Bear Trail, Vilas, NC 28692

$1,795,000

6.27 AC lot

Established hospitality property with private-bath guest suites, a commercial kitchen, and separate lower-level living quarters.

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Multi-Unit Flex Warehouse

A-b-151 H O Aldridge Road, Boone, NC 28607

$535,000

Flex property with two separately metered units, featuring roll-up doors, office space, and onsite parking.

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Highway-Adjacent Commercial Land

4634 Us Highway 421 N, Vilas, NC 28692

$3,000,000

Commercial land with easy access off Highway 421 near a Quality Plus Gas Station and Dollar General.

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Off-Market Properties in Banner Elk, NC

Consider similar Off-Market properties in Banner Elk, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

COMMERCIAL (GENERAL)

297 Old Tpke Rd, Banner Elk, NC 28604-7536

$300,000

Estimated value

4,376 sqft 5.07 AC lot

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LUMBERYARD, BUILDING MATERIALS

9877 Nc Hwy 105th S, Banner Elk, NC 28604

$330,000

Estimated value

4,211 sqft 2.82 AC lot

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RESTAURANT

2943 Tynecastle Hwy, Banner Elk, NC 28604

$280,000

Estimated value

3,638 sqft 1.26 AC lot

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COMMERCIAL (GENERAL)

1745 Tynecastle Hwy, Banner Elk, NC 28604

$285,000

Estimated value

997 sqft 1.43 AC lot

View details

RESTAURANT

10575 Nc Hwy 105th S, Banner Elk, NC 28604-8655

$360,000

Estimated value

1,248 sqft 0.86 AC lot

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COMMERCIAL CONDOMINUIM

142 Main E St, Banner Elk, NC 28604-9238

Unit 301

$235,000

Estimated value

2,258 sqft

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OFFICE BUILDING

5111 Nc Hwy 105th S, Banner Elk, NC 28604-8724

$295,000

Estimated value

4,224 sqft 0.94 AC lot

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OFFICE BUILDING

593 Main E St, Banner Elk, NC 28604-8974

$190,000

Estimated value

2,020 sqft 0.08 AC lot

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VACANT COMMERCIAL LAND

Banner Elk, NC 28604

$330,000

Estimated value

3.25 AC lot

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COMMERCIAL (GENERAL)

Nc 105th Hwy, Banner Elk, NC 28604

$100,000

Estimated value

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COMMERCIAL (GENERAL)

Nc 105th Hwy, Banner Elk, NC 28604

$100,000

Estimated value

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COLLEGE, UNIVERSITY, VOC SCHOOL

175 Hall Ct, Banner Elk, NC 28604

Value Estimation by Request

5,256 sqft 9.59 AC lot

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Banner Elk, NC Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Banner Elk, NC, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 5,100 square feet of properties for sale, with an estimated market value of $5,739,554.

Sale prices for business properties in Banner Elk, NC start at $155,000, averaging $637,728, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 7,280

Population Growth (5Y) -4.7%

Median Household Income $64,052

College Educated 31.0%

High-Yield Neighborhoods for Investment

Identify Banner Elk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
28604	$671.8K

Taxes & Financing

Tax Rate (average for all types) 0.40%

Property Tax per SF $7.60 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Avery County

New Delisted

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