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Downtown Restaurant with Basement
New
For Sale
$195,000

89a Tennessee Street, Murphy, NC 28906

Commercial Sale, Murphy, NC

Property Size1,800 SF
Lot Size0.04 Acres
Price / SF$108.33
Days on Market1

Property Features for 89a Tennessee Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning GB
Rooms Basement
Parking features On Street
Lot features Interior Lot, Level, Shopping Nearby
Directions From the intersection of Hwy 64 and Hwy's 19/74 proceed West onto Peachtree Street and into downtown Historic Murphy. Take the second exit out of the roundabout onto Tennessee Street (straight over) and the building will be on your left.
Standard status Active
APN 459210453520000
Size 1,800 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 89 Tennessee Street Murphy NC, 0.04 acres
Tax Annual Amount 1715
Legal Description 89 Tennessee Street Murphy NC, 0.04 acres

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Propane (Heating)
Cooling system Heat Pump, Central Air
Water source Public

Building Details

Year built 1921
Flooring type Tile, Lvt/lvp, Laminate
Building materials Block, Brick, Brick Veneer
Roof type Tar/Gravel
Listing Agency: Fiv Realty Co
Listed By: Bradley Bruce · License #303970
Added: Oct 5 Last Checked: Oct 5 at 7:06PM
MLS# 100608249

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 1,800-square-foot restaurant property includes a basement and was built in 1921. Construction combines block, brick, and brick veneer, with tile, LVT/LVP, and laminate flooring. The building has heat-pump heating and cooling, central air, and propane heating. Public water and public sewer serve the property.

At 89a Tennessee Street in Murphy, the restaurant property occupies a 0.04-acre lot. Parking is available on the street. The site is zoned GB.

Key Highlights

  • Restaurant property with 1,800 square feet of space
  • 0.04‑acre lot at 89a Tennessee Street in Murphy
  • Basement included

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Bakery Cafe & Coffee Shop Electrical 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

521
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
United Community Bank Shops & Services
4,897 visits/mo 0.3 miles
PNC Bank Shops & Services
1,914 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • ChinaTown Buffet — 21 Tennessee St, Murphy, NC 28906
  • ChinaTown Buffet 福臨門 — 21 Tennessee St, Murphy, NC 28906

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Equipped for restaurant operations, the property has public water and sewer service and on-street parking.
Where is this conventional restaurant located?
The property is located at 89a Tennessee Street Murphy, NC.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Restaurant property with 1,800 square feet of space; 0.04‑acre lot at 89a Tennessee Street in Murphy; Basement included
More about this property
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