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    127 Main St Burnsville, NC 28714

    Sponsored
    For Sale
    $850,000

    Historic Main Street Retail Opportunity

    Property size:
    8,024 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 8,024 sq ft retail property, located at 127 West Main Street in Burnsville, NC, presents a unique investment opportunity. Situated on a 0.19-acre lot in the heart of downtown, this prime location offers unparalleled visibility and access to a vibrant community. The property boasts a rich history, originally constructed in the 1900s in the craftsman style and later expanded in the 1950s, creating a captivating "house within a house" effect. The multi-level space features four entrances, nine antique fireplaces, and 2.5 bathrooms. Original wood trim adds to the property's character and charm. Currently occupied by multiple local vendors and artisans, this property offers significant potential for expansion and redevelopment. Imagine adding a restaurant or brewery to complement the existing businesses and capitalize on the high foot traffic. Further enhancing the investment potential is a fully renovated one-bedroom, one-bathroom apartment at the rear of the building, which has generated income as both an Airbnb and long-term rental. A detached two-car tandem garage provides additional convenience and storage. This is a rare chance to acquire a piece of Burnsville's history and create a thriving commercial enterprise in a picturesque mountain setting. Priced at $850,000.

    Property Features for 127 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    8,024 SF
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1913
    Property Profile Location Intelligence

    Current Use by Public Records

    Lamp Post Vintage ... General Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Yancey
    State
    North Carolina
    Longitude
    -82.30185
    Latitude
    35.91697

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Retail property - Historic Main Street Retail Opportunity
    Where is this retail property located?
    The property is located at 127 Main St Burnsville, NC.
    What is the asking price?
    The asking price for this property is $850,000.
    (828) 658-1900
    Request Owner's contact information
    127 Main St Burnsville, NC 28714
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    Burnsville, NC 28714
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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
    127 Main St Burnsville, NC 28714
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