129 King St Murphy, NC 28906
Rare commercial property with high-traffic location in Murphy, North Carolina.
Lot size:
1.66 AcresProperty Features for 129 King St
General Information
- Lot size
- 1.66 Acres
Source:
Moodyscre
Listing Agent: Brett McKeon
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Prime Commercial Opportunity in Murphy
This commercial property is located within the city limits of Murphy, North Carolina, and offers investment potential. The location benefits from high traffic, with neighbors including McDonald's, Subway, a gas station, and a car wash. The property features an existing commercial building suitable for a turnkey business or office space, as well as a fixer-upper home that could be used for rental income or resale. Two billboards on the property are leased to Allison Signs, generating monthly income. A storage facility is suited for storing RVs, boats, or vehicles. The acreage is flat and usable, which is uncommon in the Murphy market. City water and sewer are available, running along the backside of the property. The property is bordered by TVA and Forest Service land to the rear, near the Hiwassee River. A private paved road winds through the property and connects back to Hiwassee St. The location benefits from traffic counts averaging 18,000-21,000 vehicles per day. It is located approximately half a mile from Historic Downtown Murphy, with boutique shops and fine dining, and is also minutes from the Cherokee Valley River Casino. This property is suitable for expanding a business, developing rental units, or investing in a commercial zone.
Location Intelligence
Current Use by Public Records
Specialty properties
Location Insight
- Map
- Local Demand
- City
- Murphy
- County
- Cherokee
- State
- North Carolina
- Longitude
- -84.0325692
- Latitude
- 35.0794207
Nearby Similar for Sale
FAQs
What type of property is this?
Specialty property - Rare commercial property with high-traffic location in Murphy, North Carolina.
Where is this specialty property located?
The property is located at 129 King St Murphy, NC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: - High-traffic location with 18,000-21,000 vehicles per day, surrounded by established businesses.; - Existing commercial building suitable for immediate use as a business or office.; - Flat, usable acreage, a rare find in the Murphy market.