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Fully Leased Mixed-Use Property
For Sale
Contact for pricing
Pending

869 Highway 105 Ext, Boone, NC 28607

Two-story commercial and residential buildings offer diversified occupancy in a visible business district.

Property SizeContact for details
Days on Market144

Property Features for 869 Highway 105 Ext

General Information

Standard status Pending
Property subtype Retail, Office
Listing Agency: Premier Sothebys Realty
Listed By: Jim Otterman · License #NC 458039
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 30 at 10:01PM

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 Premier Sothebys Realty

Investment Insights

Based on property information with market context.

This mixed-use property includes two two-story buildings with 10 units comprising 7 business spaces and 3 residential apartments. The buildings are fully leased, with lease terms having no more than 3 years remaining and annual increases built into the agreements. Lower-level units have individual heat pumps, while upper-level units use window units. Tenants pay electric service; ownership covers water, sewer, and trash.

The property includes a 55+ space paved parking lot in a visible business district at 869 Highway 105 Ext in Boone, North Carolina. Recent improvements include roof replacement and an updated parking deck retaining wall within the past 3 years, along with newly installed exterior stairs and recent soffit lighting. The property is located in a Qualified Opportunity Zone.

Key Highlights

  • 10 units: 7 business spaces and 3 residential apartments
  • Two two‑story buildings with a 55+ space paved parking lot
  • Fully leased with lease terms no longer than 3 years and built‑in annual increases

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Daycare Center Barber Shop Restaurant Plumbing Service

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

1,100
Businesses Nearby

Demographics for 28607, NC

35,495
Population
16,726
Households
2.1
Avg Household Size
27
Median Age
54%
College-Educated
92%
High-School Grad
101.7 sq mi
ZIP Area
349
Density / Sq Mi
$44,132
Median Household Income
$13,485
Median Earnings
$1,081
Median Rent
$339,200
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story commercial and residential buildings offer diversified occupancy in a visible business district.
Where is this mixed-use property located?
The property is located at 869 Highway 105 Ext Boone, NC.
What are key features of this property?
This property features: 10 units: 7 business spaces and 3 residential apartments; Two two‑story buildings with a 55+ space paved parking lot; Fully leased with lease terms no longer than 3 years and built‑in annual increases
More about this property
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