Multi-Category Retail
10932 Rosman Highway Lake Toxaway, NC 28747
For Sale
Contact for pricing
Multi-category retail location with a current liquor license and vendor-supported product supply for ongoing operations.
Property Size2,992 SF
Price / SF$213.57
Days on Market23
Property Features for 10932 Rosman Highway
General Information
- Standard status
- Active
- Size
- 2,992 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2004
Listing Agency:
Fisher Realty- Brevard
(828) 553-6019
Listed By:
Fred Thomas · License #NC
Source:
Crexi
Added: Jul 2
Changed: Jul 23
Last Checked: Jul 23 at 3:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fisher Realty- Brevard
Investment Insights
Based on property information with market context.
This multi-category retail storefront is offered for sale as a business with real estate. The concept includes a focused product mix centered on high-margin, repeat-consumption categories such as alcohol, ice cream, and gem mining. Current operations reference staffing already in place and vendor-supported product supply intended to help manage inventory risk.
The property is positioned in a high-visibility location with traffic from both tourists and local residents, and the seller states the business has strong recent growth with gross sales up 48.9% over the last six months compared to the same period last year. The operation is supported by 40+ vendors and an existing customer base.
A current liquor license is in place; however, the new owner will need to formally obtain the liquor license. The remarks also indicate requirements and setup are already established, supporting a smooth transition for the next operator.
The property is positioned in a high-visibility location with traffic from both tourists and local residents, and the seller states the business has strong recent growth with gross sales up 48.9% over the last six months compared to the same period last year. The operation is supported by 40+ vendors and an existing customer base.
A current liquor license is in place; however, the new owner will need to formally obtain the liquor license. The remarks also indicate requirements and setup are already established, supporting a smooth transition for the next operator.
Key Highlights
- Multi‑category retail concept available in Lake Toxaway, featuring product categories focused on high‑margin, repeat‑consumption items.
- Current liquor license is in place (new owner will need to formally obtain it, with requirements and setup already established).
- Gross sales up 48.9% over the last 6 months vs. the same period last year.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.9k | $18.00 |
| − Vacancy | −$1.4k | −$0.47 |
| EGI | $52.5k | $17.53 |
| − OpEx | −$15.7k | −$5.26 |
| NOI | $36.7k | $12.27 |
2,992 SF · lease $18.00/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$524.6K
$459.0K – $612.0K
NOI $36,719 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$881.2K
$771.0K – $1.03M
NOI $61,683 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Outpost at Lake Toxaway
Department Store
Killer Bees Honey
Specialty Food Shop
Botanical Bars, Inc.
Industrial Manufacturer
FAQs
What type of property is this?
Retail space - Multi-category retail location with a current liquor license and vendor-supported product supply for ongoing operations.
Where is this retail space located?
The property is located at 10932 Rosman Highway Lake Toxaway, NC.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Multi‑category retail concept available in Lake Toxaway, featuring product categories focused on high‑margin, repeat‑consumption items.; Current liquor license is in place (new owner will need to formally obtain it, with requirements and setup already established).; Gross sales up 48.9% over the last 6 months vs. the same period last year.
