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Downtown Two-Suite Office Building
For Sale
$929,900

938 W King Street, Boone, NC 28607

COMMERCIAL - Boone, NC

Property Size1,826 SF
Lot Size0.22 Acres
Price / SF$509.26
Days on Market47

Property Features for 938 W King Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 1-Boone, Brushy Fork, New River
Standard status Active
Lot size 0.22 Acres

Building Details

Year built 1935
Listing Agency: A PLUS Realty
Listed By: Jason Eldreth · License #283438
Added: Jun 14 Changed: Jun 28 Last Checked: Jul 30 at 3:06PM
MLS# 262063

Copyright © 2026 High Country Association of Realtors. 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 multi-use office building totals 1,826 square feet and is currently divided into two separately rented office units with long-term tenants. The upper unit is laid out with 3–4 offices and a bath, while the lower unit offers 2–3 offices and a bath. Both suites are configured for professional office use and can be operated as two independent spaces.

Located along highly visible, walkable King Street in downtown Boone, the property places tenants near the Watauga County Courthouse and within walking distance of the area’s shops and restaurants. The building also benefits from easy access to downtown amenities, including proximity to AppState campus.

On-site parking is available through a private parking lot with 9–10 spaces. This setup can support a continuing dual-tenant arrangement or allow an owner to consolidate for a larger office footprint, while keeping the option to maintain separate suite operations. For tenants and buyers seeking a centrally located, established office configuration in downtown Boone, the property’s two-suite design and dedicated parking are key practical considerations.

Key Highlights

  • 2‑unit multi‑use building on King St in downtown Boone, built in 1935
  • 1826 sq.ft. building currently rented as two separate office spaces to long‑term tenants
  • Upper unit has 3–4 offices plus a bath; lower unit has 2–3 offices plus a bath

Property Analytics

Current Use

Vannoy Counseling Services, ... Counselor

Suggested Use

Top Pick Hair Salon Dental Office Nail Salon Pharmacy Grocery & Convenience Store Auto Parts Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

750
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two separate office suites with private parking support flexible ownership or tenant use in Boone’s walkable core.
Where is this office units located?
The property is located at 938 W King Street Boone, NC.
What is the asking price?
The asking price for this property is $929,900.
What are key features of this property?
This property features: 2‑unit multi‑use building on King St in downtown Boone, built in 1935; 1826 sq.ft. building currently rented as two separate office spaces to long‑term tenants; Upper unit has 3–4 offices plus a bath; lower unit has 2–3 offices plus a bath
More about this property
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