Corner Lot Commercial
For Sale
$985,000
6460 Banner Elk Hwy, Elk Park, NC 28622
Commercial property with an existing restaurant, ample parking, and convenient access on a highly visible corner lot.
Property Size4,370 SF
Price / SF$225.40
Days on Market354
Property Features for 6460 Banner Elk Hwy
General Information
Standard status
Active
Size
4,370 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Blue Ridge Brokerage
(828) 265-2199
Listed By:
Scott Gordon · License #255653
(828) 265-2199
Source:
Exprealty
Added: Aug 13, 2025
Changed: Jul 23
Last Checked: Jul 31 at 4:02PM
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 Blue Ridge Brokerage
Investment Insights
Based on property information with market context.
This versatile commercial property totals 4,370 square feet and is currently home to the Elk River Depot Restaurant. The site sits on a highly visible corner lot and is offered with convenient ingress and egress plus ample parking, supporting day-to-day customer traffic and business operations.
The property is located along Hwy 19E at the intersection with NC Hwy 194, placing it within minutes of downtown Banner Elk (about 12 minutes) and downtown Newland (about 9 minutes). Its strong road frontage at a key junction supports frequent visibility from passing traffic.
Zoned for commercial use, the property is well-suited to a range of compatible concepts, including retail or convenience uses, restaurant operations, and potential uses such as medical or professional offices, industrial office and yard space, and community-oriented uses referenced in the zoning discussion.
The property is located along Hwy 19E at the intersection with NC Hwy 194, placing it within minutes of downtown Banner Elk (about 12 minutes) and downtown Newland (about 9 minutes). Its strong road frontage at a key junction supports frequent visibility from passing traffic.
Zoned for commercial use, the property is well-suited to a range of compatible concepts, including retail or convenience uses, restaurant operations, and potential uses such as medical or professional offices, industrial office and yard space, and community-oriented uses referenced in the zoning discussion.
Key Highlights
- 4,370 SF commercial property on a highly visible corner lot at Hwy 19E and NC Hwy 194
- Existing Elk River Depot Restaurant on‑site
- Zoned for commercial use with a wide range of potential business types
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28622, NC
2,395
Population
1,896
Households
1.3
Avg Household Size
48
Median Age
13%
College-Educated
73%
High-School Grad
29.7 sq mi
ZIP Area
81
Density / Sq Mi
$45,169
Median Household Income
$33,798
Median Earnings
$702
Median Rent
$171,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Commercial property with an existing restaurant, ample parking, and convenient access on a highly visible corner lot.
Where is this conventional restaurant located?
The property is located at 6460 Banner Elk Hwy Elk Park, NC.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 4,370 SF commercial property on a highly visible corner lot at Hwy 19E and NC Hwy 194; Existing Elk River Depot Restaurant on‑site; Zoned for commercial use with a wide range of potential business types
