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Mixed-Use Property with Highway Exposure
New
For Sale
$825,000

3385 US Highway 321, Blowing Rock, NC 28605

Flexible commercial and residential configuration with multiple bathrooms, kitchens, bedrooms, and separate electrical meters.

Property Size3,033 SF
Price / SF$272.01
Days on Market5

Property Features for 3385 US Highway 321

General Information

Standard status Active
Size 3,033 SF
Property subtype Commercial

Site & Location

Traffic Count 18,000 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,817

Amenities

wood flooring and wall finishes
propane heat
electric baseboard heat
window air-conditioning units
five separate electrical meters
Central air
Metal Roof
Baseboard Heating
Electric Heating
Forced Air Heating
Paved
Propane Heating
Storage
Wall Window Units Cooling

Building Details

Year Built 1959
Buildings 1
Stories 2
Listing Agency: UNDERDOWN, BALL & ASSOCIATES, LLC
Listed By: ROBERT BALL · License #184573
Source: Corcoran
Added: Sep 10 Changed: Sep 12 Last Checked: Sep 14 at 7:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of UNDERDOWN, BALL & ASSOCIATES, LLC

Investment Insights

Based on property information with market context.

Built in 1959, this approximately 3,033± SF mixed-use property combines commercial and residential areas across two levels. The first floor contains approximately 1,836 SF with an open commercial area, kitchen, office and storage areas, bathrooms, and living space. The second floor adds approximately 1,196 SF with bedrooms, living space, a kitchen, and baths. Improvements include an approximately 8-year-old metal roof, replacement windows, a commercial vapor barrier, wood flooring and wall finishes, and a commercial dehumidification system in the basement. Propane heat, electric baseboard heat, window air-conditioning units, and five separate electrical meters are also in place. Water is supplied by a well, and wastewater is handled by septic. The property fronts US Highway 321 between Boone and Blowing Rock, with approximately 18,000+ vehicles per day along this corridor. Any future use remains subject to zoning, septic capacity, occupancy requirements, permits, and applicable governmental approvals.

Key Highlights

  • Approximately 3,033± SF across two levels
  • Approximately 18,000+ vehicles per day along the US Highway 321 corridor
  • First floor includes approximately 1,836 SF of commercial and residential space

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Auto Repair Shop Building Supply Parking Lot & Garage Furniture & Home Goods Garden Center Grocery & Convenience 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

18,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

Demographics for 28605, NC

3,873
Population
4,336
Households
0.9
Avg Household Size
53
Median Age
52%
College-Educated
94%
High-School Grad
32.8 sq mi
ZIP Area
118
Density / Sq Mi
$74,865
Median Household Income
$32,857
Median Earnings
$1,105
Median Rent
$449,500
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible commercial and residential configuration with multiple bathrooms, kitchens, bedrooms, and separate electrical meters.
Where is this mixed-use property located?
The property is located at 3385 US Highway 321 Blowing Rock, NC.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Approximately 3,033± SF across two levels; Approximately 18,000+ vehicles per day along the US Highway 321 corridor; First floor includes approximately 1,836 SF of commercial and residential space
More about this property
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