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Downtown Office Building

20 Hickory Street, Murphy, NC 28906

For Sale
New
$475,000

Commercial Sale, Murphy, NC

Property Size2,160 SF
Lot Size0.17 Acres
Price / SF$219.91
Days on Market2

Property Features for 20 Hickory Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning HB
Parking 68
Parking features Paved or Surfaced, Parking Lot
Lot features Rectangular Lot
Directions From the circle in Downtown head east on Valley River Ave, take L onto Hickory Street. Building will be on the right. SIP
Standard status Active
APN 459210459455000
Size 2,160 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 0.1749 acres, more or less, situate on the East margin of Hickory Street, Town of Murphy, Murphy Township,
Tax Annual Amount 1163
Legal Description 0.1749 acres, more or less, situate on the East margin of Hickory Street, Town of Murphy, Murphy Township,

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Forced Air, Electric (Heating), Heat Pump (Heating)
Cooling system Central Air, Heat Pump
Water source Public

Amenities

high-speed internet

Building Details

Year built 1961
Flooring type Carpet, Vinyl, Laminate
Building materials Concrete, Aluminum Siding, Brick
Roof type Flat
Buildings 1
Listing Agency: Fiv Realty Co
Listed By: Deanna Robertson · License #309598
Added: Nov 6 Last Checked: Nov 7 at 3:06PM
MLS# 100615076

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 2,160-square-foot office building in downtown Murphy has four private offices, two meeting rooms, a reception area, one bathroom, and a kitchenette. The interior also includes partial furnishings, carpet, vinyl, and laminate flooring. Built in 1961, the building has concrete, aluminum siding, and brick construction, with forced-air electric heating, a heat pump, and central air conditioning. Public water and sewer serve the property, and phone service is available.

The property is within walking distance of the courthouse, restaurants, shops, and other downtown businesses. Access is from a paved road, and the parking area combines paved and gravel surfaces with capacity for approximately 6–8 vehicles. The site spans 0.17 acres and is zoned HB.

Key Highlights

  • 2,160‑square‑foot office building on a 0.17‑acre site
  • Four private offices, two meeting rooms, reception area, bathroom, and kitchenette
  • Parking for approximately 6–8 vehicles on paved and gravel surfaces

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Pharmacy Locksmith Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby

Demographics for 28906, NC

19,896
Population
12,992
Households
1.5
Avg Household Size
55
Median Age
24%
College-Educated
92%
High-School Grad
333.4 sq mi
ZIP Area
60
Density / Sq Mi
$52,669
Median Household Income
$34,257
Median Earnings
$872
Median Rent
$219,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - A flexible office layout includes private rooms, meeting areas, reception space, and on-site parking.
Where is this office building located?
The property is located at 20 Hickory Street Murphy, NC.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,160‑square‑foot office building on a 0.17‑acre site; Four private offices, two meeting rooms, reception area, bathroom, and kitchenette; Parking for approximately 6–8 vehicles on paved and gravel surfaces
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