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Standalone Restaurant with Parking

269 Valley River Ave, Murphy, NC 28906

For Sale
$690,000

Commercial Sale, Murphy, NC

Property Size2,373 SF
Lot Size0.33 Acres
Price / SF$290.77
Days on Market121

Property Features for 269 Valley River Ave

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking features Parking Lot
Security features Security Lighting
Accessibility Accessible Approach with Ramp
Lot features City, Open Lot, City Lot
Directions From the center of town, head northeast on Hiwassee St/Valley River Ave. At the traffic circle, continue straight to stay on Valley River Ave. Restaurant will be on the left.
Subdivision Cherokee County
Standard status Active
APN 459211558374000
Size 2,373 SF
Lot size 0.33 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Annual Amount 2333

Utilities

Utilities Propane
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Electric, Central Air, Heat Pump

Building Details

Year built 1976
Floors in Building 1
Flooring type Tile, Vinyl, Carpet
Building materials Frame
Listing Agency: RE/MAX Mountain Properties
Listed By: Vickie C. Kimsey
Added: Jul 12 Changed: Nov 2 Last Checked: Nov 9 at 12:06PM
MLS# 26047679

Copyright © 2026 Carolina Smokies Association of Realtors. 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 standalone restaurant property contains 2,373 square feet on a 0.33-acre site. The interior includes a dining area, commercial kitchen, and two bathrooms. Frame construction dates to 1976, with tile, vinyl, and carpet flooring. Heating is provided by electric heat and a heat pump; cooling includes central air and a heat pump. The property also has a ramped accessible approach and propane service.

Located at 269 Valley River Ave in Murphy, the restaurant has a dedicated parking lot. Equipment, furnishings, and inventory are included subject to the terms of sale. The restaurant is not currently operating.

Key Highlights

  • Standalone restaurant building with dining area, commercial kitchen, and two bathrooms
  • 2,373 square feet on a 0.33‑acre site
  • On‑site parking lot and ramped accessible approach

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Pharmacy Home Appliance Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
United Community Bank Shops & Services
4,897 visits/mo 0.3 miles
PNC Bank Shops & Services
1,914 visits/mo 0.4 miles
Napa Auto Parts Shops & Services
1,794 visits/mo 0.5 miles

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
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • ChinaTown Buffet — 21 Tennessee St, Murphy, NC 28906
  • ChinaTown Buffet 福臨門 — 21 Tennessee St, Murphy, NC 28906

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The existing layout includes a dining room, commercial kitchen, and on-site parking.
Where is this conventional restaurant located?
The property is located at 269 Valley River Ave Murphy, NC.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Standalone restaurant building with dining area, commercial kitchen, and two bathrooms; 2,373 square feet on a 0.33‑acre site; On‑site parking lot and ramped accessible approach
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