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Commercial Property Near Banner Elk
For Sale
$1,200,000

6460 Banner Elk Parkway, Elk Park, NC 28622

Versatile commercial property with high visibility and ample parking.

Property SizeContact for details
Days on Market374

Property Features for 6460 Banner Elk Parkway

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,754

Amenities

Metal Roof
Fireplaces Heating
Forced Air Heating
Parking Spaces
Propane
Propane Heating

Building Details

Year Built 1974
Listing Agency: BLUE RIDGE BROKERAGE
Listed By: SCOTT GORDON · License #NC255653
Source: Corcoran
Added: Aug 13, 2025 Changed: Aug 19 Last Checked: Aug 20 at 6:05AM

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 commercial property, currently home to the Elk River Depot Restaurant, is strategically located 12 minutes from downtown Banner Elk and 9 minutes from downtown Newland. Situated on a highly visible corner lot at Hwy 19E and NC Hwy 194, the property offers 4,370 square feet of space. The site features excellent road frontage, easy access, and ample parking. Zoned for commercial use, the property is suitable for a wide range of commercial ventures. Potential uses include industrial office and yard space, charter school or educational facility, church or community center, convenience store or retail establishment, restaurant, or medical or professional offices. This property presents an opportunity to invest in a growing corridor.

Key Highlights

  • Prime commercial location: 12 minutes from Banner Elk and 9 minutes from Newland.
  • High visibility corner lot at Hwy 19E and NC Hwy 194.**
  • 4,370 square feet of versatile commercial space.**

Property Analytics

Current Use

Restaurants

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby
Well-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Versatile commercial property with high visibility and ample parking.
Where is this restaurant located?
The property is located at 6460 Banner Elk Parkway Elk Park, NC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime commercial location: 12 minutes from Banner Elk and 9 minutes from Newland.; High visibility corner lot at Hwy 19E and NC Hwy 194.**; 4,370 square feet of versatile commercial space.**
More about this property
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