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Retail Space with Parking Lot
For Sale
$898,500

7987 Highway 107 S, Cullowhee, NC 28723

COMMERCIAL - Cullowhee, NC

Property Size7,500 SF
Lot Size4.67 Acres
Price / SF$119.80
Days on Market161

Property Features for 7987 Highway 107 S

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking features Parking Lot
Security features Security Lighting
Vegetation Partially Wooded
Accessibility Accessible Approach with Ramp
Lot features County, Flood Fringe Area
Elementary school Cullowhee Valley
High school Smoky Mountain
Directions Highway 107 to 7987 on left.
Subdivision Cullowhee
Standard status Active
APN 7568452447
Size 7,500 SF
Lot size 4.67 Acres

Taxes and HOA fees

Tax Annual Amount 1434

Utilities

Utilities Water Available
Sewer type Septic Tank
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Electric, Central Air, Heat Pump
Water source Well

Building Details

Year built 2004
Floors in Building 1
Flooring type Hardwood, Concrete
Building materials Metal Siding, Wood Siding
Roof type Metal, Wood
Listing Agency: WESTERN CAROLINA PROPERTIES-Dillsboro
Listed By: Wanda S. Herren · License #215990
Added: Feb 26 Changed: Aug 4 Last Checked: Aug 6 at 12:06AM
MLS# 26009766

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.

Retail space on a 4.67-acre site with a 7,500 SF building built in 2004. The property features metal and wood siding, concrete and hardwood flooring, and a wood and metal roof. Heating includes electric heat and a heat pump, and cooling includes heat pump, electric, and central air. The site has a parking lot and an accessible approach with ramp, and utilities include water available via well with septic tank service.

The business operates as a multi-department retail offering including feed, seed, lawn and garden, hardware, gifts, clothing, and an old-time general store format, along with propane sales and hunting and fishing licenses and supplies. The sale includes fixtures, equipment, inventory, and goodwill. A deeded easement provides proximity to the Tuckasegee River, and the river has been designated a Blue Trail.

The property is on a major road with DOT estimated traffic of 4000+/day visibility, and Western Carolina University is less than 5 miles away.

Key Highlights

  • 4.67‑acre site with a 7,500 SF retail building built in 2004
  • Metal and wood siding with wood and metal roofing
  • Heat pump and electric heating; heat pump and central air cooling

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Restaurant Accounting Firm Department Store Bed & Breakfast Hotel & Motel

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

26
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Exxon Shops & Services
3,014 visits/mo 0.2 miles

Demographics for 28723, NC

12,297
Population
5,600
Households
2.2
Avg Household Size
25
Median Age
32%
College-Educated
92%
High-School Grad
112.0 sq mi
ZIP Area
110
Density / Sq Mi
$43,539
Median Household Income
$10,908
Median Earnings
$842
Median Rent
$308,800
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with parking lot, well water and septic service, heat pump and central air, and an accessible ramp approach.
Where is this retail space located?
The property is located at 7987 Highway 107 S Cullowhee, NC.
What is the asking price?
The asking price for this property is $898,500.
What are key features of this property?
This property features: 4.67‑acre site with a 7,500 SF retail building built in 2004; Metal and wood siding with wood and metal roofing; Heat pump and electric heating; heat pump and central air cooling
More about this property
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