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Standalone Restaurant with Parking
For Sale
$799,000

269 Valley River Avenue, Murphy, NC 28906

Commercial Sale, Murphy, NC

Property Size2,167 SF
Lot Size0.33 Acres
Price / SF$368.71
Days on Market65

Property Features for 269 Valley River Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning HB
Parking features Parking Lot
Lot features Open Lot, Level, Corner 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.
Standard status Active
APN 459211558374000
Size 2,167 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description FR RP8 LLC 1746/1258 A/17
Tax Annual Amount 2333
Legal Description FR RP8 LLC 1746/1258 A/17

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Central Air, Heat Pump
Water source Public

Building Details

Year built 1976
Flooring type Tile, Vinyl, Carpet
Building materials Metal Siding, Brick, Wood Frame
Listing Agency: ReMax Mountain Properties
Listed By: David Ritz · License #147680
Added: Jun 25 Changed: Aug 19 Last Checked: Aug 28 at 10:06AM
MLS# 100584199

Copyright © 2026 Hive MLS. 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 occupies a 2,167-square-foot building on 0.33 acres at 269 Valley River Avenue in Murphy. The layout includes a dining area and commercial kitchen, with business assets, equipment, furnishings, and inventory conveyed according to the sale terms. Construction includes metal siding, brick, and wood frame components, while interior finishes include tile, vinyl, and carpet flooring.

The property is positioned along Valley River Avenue in Murphy, with dedicated parking and access to public water and public sewer. Heating is provided by an electric heat pump, and cooling includes central air and heat pump systems. Built in 1976, the property carries HB zoning and is located near downtown Murphy, Harrah's Cherokee Valley River Casino, and area mountain attractions.

Key Highlights

  • 2,167‑square‑foot restaurant building on 0.33 acres
  • Standalone property at 269 Valley River Avenue, Murphy, NC 28906
  • Dining area and commercial kitchen included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

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

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

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

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
Questions? Ask 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 - Existing restaurant includes a dining area, commercial kitchen, and on-site parking.
Where is this conventional restaurant located?
The property is located at 269 Valley River Avenue 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: 2,167‑square‑foot restaurant building on 0.33 acres; Standalone property at 269 Valley River Avenue, Murphy, NC 28906; Dining area and commercial kitchen included
More about this property
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