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Leased Four-Suite Office Building
For Sale
$775,000

2780 Tynecastle Highway, Banner Elk, NC 28604

Commercial, Banner Elk, NC

Property SizeContact for details
Lot Size0.29 Acres
Days on Market89

Property Features for 2780 Tynecastle Highway

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 8-Banner Elk
Standard status Active
Lot size 0.29 Acres

Amenities

spacious rear decks
signage exposure

Building Details

Year built 1993
Listing Agency: Keller Williams High Country · Keller Williams Realty
Listed By: J.D. Kern
Added: May 27 Changed: Aug 21 Last Checked: Aug 23 at 7:06PM
MLS# 262270

Copyright © 2026 High Country 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.

Built in 1993, this office property contains four distinct suites, all currently leased. The configuration provides separate spaces within a commercial building and may accommodate professional offices, boutique retail, wellness services, or other commercial uses identified for the property. Rear decks add outdoor space and overlook the Elk River headwaters and the slopes of Sugar Mountain Ski Resort.

The building is located at 2780 Tynecastle Highway in Banner Elk, Avery County, North Carolina. It sits near the entrance to Sugar Mountain, minutes from downtown Banner Elk, Sugar Mountain Resort, and the Shops of Tynecastle. The 0.29-acre property fronts a principal Banner Elk thoroughfare and includes signage exposure noted in the property information.

Key Highlights

  • Four separate office suites; all four are currently leased
  • 0.29‑acre commercial property at 2780 Tynecastle Highway
  • Built in 1993

Property Analytics

Current Use

Isley Construction Co ... Construction Company Avery Knifeworks (Bike/Boat/Book/etc) Store Suzanne London Corporate Office Realty ONE Group ... Real Estate Agency Linda Sheppard Fine ... Art Gallery

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Auto Parts Store Locksmith Garden Center Grocery & Convenience 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

4
Office units
100%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby

Demographics for 28604, NC

7,050
Population
9,148
Households
0.8
Avg Household Size
48
Median Age
44%
College-Educated
93%
High-School Grad
68.7 sq mi
ZIP Area
103
Density / Sq Mi
$64,052
Median Household Income
$31,341
Median Earnings
$932
Median Rent
$319,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Four separately leased suites occupy a commercial building on Tynecastle Highway near Sugar Mountain.
Where is this office building located?
The property is located at 2780 Tynecastle Highway Banner Elk, NC.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Four separate office suites; all four are currently leased; 0.29‑acre commercial property at 2780 Tynecastle Highway; Built in 1993
More about this property
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