Downtown Restaurant and
For Sale
Contact for pricing
87 Tennessee St, Murphy, NC 28906
Restaurant space on the ground floor with a fully renovated executive-style two-bedroom apartment above.
Property Size3,600 SF
Days on Market149
Property Features for 87 Tennessee St
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Retail
Additional Details
Multifamily Units
2
Amenities
hardwood floors
large windows
granite counters
custom cabinetry
Listing Agency:
Nantahala Real Estate Company
Listed By:
Allison Ralph · License #NC 305318
(828) 321-5516
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 5:27AM
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 Nantahala Real Estate Company
Investment Insights
Based on property information with market context.
This mixed-use property includes a 3600 square-foot building with restaurant space downstairs and a renovated residential apartment upstairs. The ground floor features a deli-style restaurant concept, while the upper level offers a fully renovated executive-style two-bedroom, two-bath apartment plus an office. Interior finishes include hardwood floors, large windows, granite counters, and custom cabinetry.
Located in the heart of downtown Murphy, the property is positioned for walk-in restaurant activity alongside residential living. The combined layout supports an owner-operator or income approach by keeping dining and apartment functions under one roof.
The upstairs apartment is configured for everyday comfort with two bedrooms, two bathrooms, and an office area, and the residential finishes are described as high-end throughout.
Located in the heart of downtown Murphy, the property is positioned for walk-in restaurant activity alongside residential living. The combined layout supports an owner-operator or income approach by keeping dining and apartment functions under one roof.
The upstairs apartment is configured for everyday comfort with two bedrooms, two bathrooms, and an office area, and the residential finishes are described as high-end throughout.
Key Highlights
- 3600 SF building with restaurant space on the ground floor and a fully renovated two‑bedroom, two‑bath apartment upstairs
- Upstairs features an executive‑style layout with an office, high‑end finishes, beautiful hardwood floors, and large windows
- Kitchen includes granite counters and custom cabinetry
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28906, NC
19,896
Population
12,992
Households
1.5
Avg Household Size
55
Median Age
24%
College-Educated
92%
High-School Grad
333.4 sq mi
ZIP Area
60
Density / Sq Mi
$52,669
Median Household Income
$34,257
Median Earnings
$872
Median Rent
$219,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space on the ground floor with a fully renovated executive-style two-bedroom apartment above.
Where is this conventional restaurant located?
The property is located at 87 Tennessee St Murphy, NC.
What are key features of this property?
This property features: 3600 SF building with restaurant space on the ground floor and a fully renovated two‑bedroom, two‑bath apartment upstairs; Upstairs features an executive‑style layout with an office, high‑end finishes, beautiful hardwood floors, and large windows; Kitchen includes granite counters and custom cabinetry
