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Mixed-Use Residential and Commercial Property
For Sale
$799,000

3074 Old Cullowhee Rd, Cullowhee, NC 28723

COMMERCIAL - Cullowhee, NC

Property Size1,600 SF
Lot Size0.59 Acres
Price / SF$499.38
Days on Market297

Property Features for 3074 Old Cullowhee Rd

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 3, Bathroom 5, Bathroom 4, Bathroom 1, Bathroom 2
Parking features Off Street, Parking Lot
Lot features County, Open Lot, City Lot
Directions From Sylva, Highway 107 South to Old Cullowhee Rd, left. Follow to 3050/3074 on the right
Subdivision Cullowhee
Standard status Active
APN 7559461523
Size 1,600 SF
Lot size 0.59 Acres

Taxes and HOA fees

Tax Annual Amount 2040

Utilities

Heating system Baseboard, Electric (Heating)
Cooling system Window Unit(s)

Building Details

Year built 1902
Floors in Building 2
Flooring type Vinyl, Carpet
Building materials Frame
Roof type Metal
Listing Agency: Keller Williams - Great Smokies - BC · Keller Williams Realty
Listed By: Melissa Stillwell · License #272416
Added: Oct 24, 2025 Changed: Aug 4 Last Checked: Aug 16 at 8:06AM
MLS# 26042471

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.

Investment Insights

Based on property information with market context.

This mixed-use property consists of two buildings on Old Cullowhee Rd. One building is a remodeled 4-bedroom, 2.5-bath home that was originally built in 1902. The second building includes three apartments: two units with two bedrooms and one bathroom each, plus one studio unit. That same building also contains a versatile commercial space that was previously used as a restaurant.

The property is located near Western Carolina University and the Tuckasegee River, positioning it to serve both residents and visitors in the Cullowhee area.

Overall, the configuration provides multiple income-producing components under one ownership, combining residential units with a dedicated commercial area for continued retail or dining use, or for other permitted redevelopment options within the space.

Key Highlights

  • Two‑building property in Cullowhee, including a remodeled 4‑bedroom, 2.5‑bath home and a second building with 3 apartments plus a commercial space
  • Second building layout includes two 2‑bed/1‑bath units and one studio apartment
  • Commercial space is included and was previously a restaurant

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service Nail Salon Computer & Electronic Repair

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby

Demographics for 28723, NC

12,297
Population
5,600
Households
2.2
Avg Household Size
25
Median Age
32%
College-Educated
92%
High-School Grad
112.0 sq mi
ZIP Area
110
Density / Sq Mi
$43,539
Median Household Income
$10,908
Median Earnings
$842
Median Rent
$308,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Two-building setup includes remodeled 4-bedroom home, three apartments, and a commercial space formerly operated as a restaurant.
Where is this triplex located?
The property is located at 3074 Old Cullowhee Rd Cullowhee, NC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑building property in Cullowhee, including a remodeled 4‑bedroom, 2.5‑bath home and a second building with 3 apartments plus a commercial space; Second building layout includes two 2‑bed/1‑bath units and one studio apartment; Commercial space is included and was previously a restaurant
More about this property
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