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Commercial Riverfront Land
New
For Sale
$849,000

3127 Memorial Highway, Lake Lure, NC 28746

Commercial Sale, Lake Lure, NC

Property SizeContact for details
Lot Size1.48 Acres
Days on Market4

Property Features for 3127 Memorial Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning CG
Zoning description Commercial General
Rooms Basement
Basement Walk-Out Access, Unfinished, Storage Space, Dirt Floor, Walk-Up Access
Lot features Cleared, Flood Plain/ Bottom Land, Level, Open Lot, River Front
Directions From downtown Asheville, take I-240 E to I-40 W and exit 51 onto US-25A S (Sweeten Creek Rd). Go 4.2 mi and turn left onto Mills Gap Rd. After 4.9 mi, turn left onto Burney Mountain Rd, then left onto Hoopers Creek Rd. Turn right onto Terrys Gap Rd, which becomes S Mills Gap Rd. Turn left onto US-64 E (Chimney Rock Rd) and go 6.2 mi. At Bat Cave, turn right onto US-64 E/US-74A E and continue about 3.2 mi. Property is on the right. Approx. 33 mi / 1 hr from Asheville. From downtown Hendersonville, take 6th Ave W east, which becomes US-64 E (Four Seasons Blvd). Follow US-64 E for about 14 mi. At Bat Cave, turn right onto US-64 E/US-74A E and continue about 3.2 mi. Property is on the right. Approx. 18 mi / 37 min from Hendersonville.
Standard status Active
APN 0632599530
Lot size 1.48 Acres

Taxes and HOA fees

Tax Description ~1.48 AC with an ~1,000 SF Building
Legal Description ~1.48 AC with an ~1,000 SF Building

Utilities

Sewer type Public Sewer

Building Details

Year built 1949
Listing Agency: Keller Williams Professionals · Keller Williams Realty
Listed By: Chris Gragtmans · License #293485
Added: Sep 28 Changed: Sep 29 Last Checked: Oct 1 at 7:06AM
MLS# 4428552

Copyright © 2026 Canopy MLS. 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 1.48-acre commercial land parcel has approximately 516 feet along the Rocky Broad River and Lake Lure. A building pad is positioned above the 100-year floodplain, and the site has multiple road access points. An existing structure, built in 1949, is included as-is with no value attributed to it. Public sewer serves the property, and a kayak and SUP fleet on site is negotiable.

The property is situated between Chimney Rock Village and Lake Lure, where the river meets the lake. Its CG (Commercial General) zoning allows a range of uses. Recreation, food and beverage, lodging, and hospitality concepts are identified as potential directions for the site.

Key Highlights

  • 1.48‑acre commercial parcel
  • Approximately 516 feet along the Rocky Broad River and Lake Lure
  • CG (Commercial General) zoning

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Parking Lot & Garage Florist Hair Salon Bakery

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

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby

Demographics for 28746, NC

2,726
Population
3,310
Households
0.8
Avg Household Size
60
Median Age
46%
College-Educated
96%
High-School Grad
44.9 sq mi
ZIP Area
61
Density / Sq Mi
$65,703
Median Household Income
$36,161
Median Earnings
$983
Median Rent
$433,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - CG-zoned site offers a building pad above the 100-year floodplain and multiple road access points.
Where is this commercial land located?
The property is located at 3127 Memorial Highway Lake Lure, NC.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 1.48‑acre commercial parcel; Approximately 516 feet along the Rocky Broad River and Lake Lure; CG (Commercial General) zoning
More about this property
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