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Mixed-Use Property with Loft Apartment
For Sale
$709,000

89 Tennessee St, Murphy, NC 28906

Restaurant space and a private loft apartment occupy this downtown commercial property.

Property Size3,600 SF
Price / SF$196.94
Days on Market17

Property Features for 89 Tennessee St

General Information

Standard status Active
Size 3,600 SF

Building Details

Year Built 1921
Listing Agency: Fiv Realty Co
Listed By: Bradley Bruce · License #303970
Source: Bradberrygarnerrealestate
Added: Aug 15 Changed: Aug 30 Last Checked: Aug 25 at 4:10AM

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 Fiv Realty Co

Investment Insights

Based on property information with market context.

This mixed-use property at 89 Tennessee Street combines the Red Brick Deli restaurant with an upstairs loft-style apartment. The commercial component is described as fully operational and equipped, while the residential space includes 2 bedrooms, 2 bathrooms, and office or bonus space. A separate entrance serves the apartment, creating distinct access between the commercial and residential areas.

The apartment features 10-foot ceilings, oversized windows, hardwood floors, granite countertops, and custom cabinetry. Built in 1921, the property is located in downtown Murphy, North Carolina, within a walkable commercial setting near boutiques, breweries, and other small businesses. C-3 General Business zoning supports its commercial classification.

Key Highlights

  • Mixed‑use property with the Red Brick Deli restaurant and an upstairs loft‑style apartment
  • Loft apartment includes 2 bedrooms, 2 bathrooms, and office/bonus space
  • Apartment has a private entrance separate from the commercial area

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Food Market Law Firm Restaurant

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

11
Businesses Nearby

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant space and a private loft apartment occupy this downtown commercial property.
Where is this mixed-use property located?
The property is located at 89 Tennessee St Murphy, NC.
What is the asking price?
The asking price for this property is $709,000.
What are key features of this property?
This property features: Mixed‑use property with the Red Brick Deli restaurant and an upstairs loft‑style apartment; Loft apartment includes 2 bedrooms, 2 bathrooms, and office/bonus space; Apartment has a private entrance separate from the commercial area
More about this property
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