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Standalone Restaurant with Commercial Kitchen
For Sale
$799,000

269 Valley River Ave, Murphy, NC 28906

Commercial Sale, Murphy, NC

Property Size2,373 SF
Lot Size0.33 Acres
Price / SF$336.70
Days on Market93

Property Features for 269 Valley River Ave

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking features Parking Lot
Security features Security Lighting
Accessibility Accessible Approach with Ramp
Lot features City, Open Lot, City Lot
Directions From the center of town, head northeast on Hiwassee St/Valley River Ave. At the traffic circle, continue straight to stay on Valley River Ave. Restaurant will be on the left.
Subdivision Cherokee County
Standard status Active
APN 459211558374000
Size 2,373 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Annual Amount 2333

Utilities

Utilities Propane
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Central Air, Heat Pump, Electric

Building Details

Year built 1976
Floors in Building 1
Flooring type Vinyl, Tile, Carpet
Building materials Frame
Listing Agency: RE/MAX Mountain Properties
Listed By: Vickie C. Kimsey
Added: Jun 25 Changed: Sep 16 Last Checked: Sep 25 at 6:06AM
MLS# 26047679

Copyright © 2026 Carolina Smokies Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This standalone restaurant property includes 2,373 square feet on a 0.33-acre site. The layout provides a dining area, commercial kitchen, bathrooms, and dedicated parking. Frame construction dates to 1976, with tile, carpet, and vinyl flooring throughout. Heating and cooling are provided by electric systems, including heat pump and central air equipment. An accessible approach with ramp is also in place.

Located at 269 Valley River Ave in Murphy, the property fronts a principal commercial corridor and is positioned near downtown Murphy, Harrah's Cherokee Valley River Casino, and area mountain attractions. The sale includes the restaurant business, equipment, furnishings, and inventory, subject to the terms of sale.

Key Highlights

  • 2,373‑square‑foot restaurant on a 0.33‑acre site
  • Commercial kitchen with dedicated dining area
  • Business, equipment, furnishings, and inventory convey per terms of sale

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Pharmacy Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
United Community Bank Shops & Services
4,897 visits/mo 0.3 miles
PNC Bank Shops & Services
1,914 visits/mo 0.4 miles
Napa Auto Parts Shops & Services
1,794 visits/mo 0.5 miles

Demographics for 28906, NC

19,896
Population
12,992
Households
1.5
Avg Household Size
55
Median Age
24%
College-Educated
92%
High-School Grad
333.4 sq mi
ZIP Area
60
Density / Sq Mi
$52,669
Median Household Income
$34,257
Median Earnings
$872
Median Rent
$219,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • ChinaTown Buffet — 21 Tennessee St, Murphy, NC 28906
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Standalone facility includes dedicated parking, dining space, and business assets conveyed with the sale.
Where is this conventional restaurant located?
The property is located at 269 Valley River Ave Murphy, NC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 2,373‑square‑foot restaurant on a 0.33‑acre site; Commercial kitchen with dedicated dining area; Business, equipment, furnishings, and inventory convey per terms of sale
More about this property
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