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    Elk Park, NC
    Conventional Restaurant

    Elk Park, NC Conventional Restaurants for Sale

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    Newland, NC Banner Elk, NC Roan Mountain, TN Beech Mountain, NC Linville, NC Sugar Mountain, NC Butler, TN Lenoir, NC
    Corner Lot Commercial Property
    Updated: Aug 13, 2025
    Corner Lot Commercial Property

    6460 Banner Elk Hwy, Elk Park, NC 28622

    $1,200,000
    4,370 sqft
    4,370 SF commercial property on a highly visible corner lot at Hwy 19E and NC Hwy 194
    Existing Elk River Depot Restaurant on‑site
    Zoned for commercial use with a wide range of potential business types
    Easy ingress and egress with ample parking
    Located about 12 minutes from downtown Banner Elk and 9 minutes from downtown Newland
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elk Park, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Operational Bar and Grill
    Operational Bar and Grill

    4020 Roan Creek Road, Mountain City, TN 37683

    $649,900
    1,500 sqft 0.56 AC lot

    Operational hospitality property with a commercial kitchen, indoor seating, patio space, and a separate outdoor bar area.

    View details
    Established Bar and Grill
    Established Bar and Grill

    4020 Roan Creek Road, Mountain City, TN 37683

    $649,900
    0.56 AC lot

    Operating hospitality property with equipped kitchen, indoor seating, patio space, and a separate outdoor bar area.

    View details
    Texas Roadhouse Restaurant
    Texas Roadhouse Restaurant

    2005 N Roan St, Johnson City, TN 37601

    Contact for pricing
    7,999 sqft

    Texas Roadhouse is a 2021-built, 7,999 SF restaurant with 12.4 years remaining and periodic rent bumps.

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    Restaurant Building with Full Kitchen
    Restaurant Building with Full Kitchen

    71 Wilson Avenue, Johnson City, TN 37604

    Contact for pricing

    Downtown restaurant property with bar service, substantial kitchen facilities, and seating for more than 220 guests.

    View details

    Elk Park, NC Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Elk Park, NC on our real estate platform. These investment opportunities span a total of 4,370 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for conventional restaurants in Elk Park, NC average $1,200,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 2,701
    Population Growth (5Y) +28.1%
    Median Household Income $45,169
    College Educated 16.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    28622 $985K

    Taxes & Financing

    Tax Rate (average for all types) 0.40%
    Property Tax per SF $8.87 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Avery County

    New Delisted

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    Most Searched ZIP Codes in Elk Park, NC

    • 28622

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