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129 King St Murphy, NC 28906

For Sale
$2,500,000

Rare commercial property with high-traffic location in Murphy, North Carolina.

Lot size:
1.66 Acres

Property Features for 129 King St

General Information

Lot size
1.66 Acres

Source: Century 21 Black Bear Realty 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

Suggested Use

Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Murphy
County
Cherokee
State
North Carolina
Longitude
-84.0325692
Latitude
35.0794207

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.
More about this property
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