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    89 Tennessee St Unaka, NC 28906

    For Sale
    $709,000

    Restaurant - MURPHY, NC

    Property size:
    3,600 SF
    Lot size:
    0.04 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 89 Tennessee St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-3 General Business
    Parking features
    On Street
    Interior features
    Restroom-public, Restroom-private, Fixtures
    Exterior features
    Other
    Size
    3,600 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1921
    Flooring type
    Hardwood, Wood
    Building materials
    Brick
    Roof type
    Other
    Architectural style
    Other

    RE/MAX Mountain Properties (828) 837-3002 [email protected]

    Listing agent Bradley Bruce (828) 837-3002

    Listing date Sep 9, 2025

    MLS# 152326 Listing URL

    Copyright © 2025 Mountain Lakes Board 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.

    Overview

    Established Restaurant with Upscale Apartment

    Located in downtown Murphy, this property features a well-established and profitable deli, a local and tourist lunchtime destination. The turn-key restaurant benefits from a loyal customer base and proximity to thriving businesses. The property includes a first-class, loft-style apartment with 10-foot ceilings, hardwood flooring, large windows, granite surfaces, and custom cabinetry. The apartment blends timeless architectural charm with contemporary finishes and features two bedrooms, two baths, an office/bonus room, and a grand private entrance. The executive apartment is suitable for luxurious living or as a rental for additional income. The property is zoned C-3 General Business and has a lot size of 0.04 acres. The property size is 3600 square feet.
    Location Intelligence

    Current Use by Public Records

    Red Brick Deli ... Deli

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Unaka
    County
    State
    North Carolina
    Longitude
    -84.0354781
    Latitude
    35.08902

    Nearby Similar for Sale

    • $675,000

      Active Hotel Complex For Sale

      Active 7-room hotel on 6 acres near Murphy, North Carolina.
      19853 Us 64 Hwy W, Unaka, NC 28906
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turn-key restaurant with a luxurious loft-style apartment in downtown Murphy.
    Where is this restaurant located?
    The property is located at 89 Tennessee St Unaka, NC.
    What is the asking price?
    The asking price for this property is $709,000.
    What are key features of this property?
    This property features: - Turn-key, profitable deli business with loyal customer base and tourist appeal.; - Prime downtown location within walking distance of thriving businesses.; - **First-class, loft-style apartment boasts high-end finishes** including granite, custom cabinetry, and hardwood floors.
    (828) 837-3002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    89 Tennessee St Unaka, NC 28906
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