Mixed-Use Restaurant and
For Sale
$709,000
89 Tennessee Street, Murphy, NC 28906
COMMERCIAL - Murphy, NC
Property Size3,600 SF
Lot Size0.04 Acres
Price / SF$196.94
Days on Market514
Property Features for 89 Tennessee Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3 General Business
Lot features
Level
Directions
From the intersection of Hwy 64 and Hwy's 19/74 proceed West onto Peachtree Street and into downtown Historic Murphy. Take second exit on roundabout onto Tennesee St (straight over) and the building will be on you left
Standard status
Active
APN
459210453520000
Size
3,600 SF
Lot size
0.04 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1921
Flooring type
Hardwood, Wood
Building materials
Brick/Stone
Listing Agency:
Fiv Realty Co
(828) 516-1707
Listed By:
Bradley Bruce · License #303970
(941) 539-6555
Added: Mar 24, 2025
Changed: Aug 19
Last Checked: Aug 19 at 10:06PM
MLS# 98543952
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property combines a restaurant operation with an upstairs loft-style apartment in a 3,600-square-foot building. The residential portion includes two bedrooms, two bathrooms, an office or bonus area, 10-foot ceilings, oversized windows, hardwood flooring, granite countertops, custom cabinetry, and a private entrance. Brick and stone construction, central air, electric heat, public water, and public sewer are also in place.
The property is located at 89 Tennessee Street in Murphy, within the downtown commercial area. The site contains 0.04 acres and carries C-3 General Business zoning. Its configuration supports both commercial and residential occupancy within one building, with the restaurant at street level and the loft above.
The property is located at 89 Tennessee Street in Murphy, within the downtown commercial area. The site contains 0.04 acres and carries C-3 General Business zoning. Its configuration supports both commercial and residential occupancy within one building, with the restaurant at street level and the loft above.
Key Highlights
- Mixed‑use building with restaurant and upstairs loft apartment
- 3,600 square feet on a 0.04‑acre site
- Two‑bedroom, two‑bathroom loft with office or bonus space
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
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 Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant space and an upscale residential loft share a compact commercial building with separate apartment access.
Where is this mixed-use property located?
The property is located at 89 Tennessee Street 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 building with restaurant and upstairs loft apartment; 3,600 square feet on a 0.04‑acre site; Two‑bedroom, two‑bathroom loft with office or bonus space
