Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    23175 Linville Falls Hwy, Newland, NC 28657

    3,186 SF 0.97 ac lot Built 1936
    Property ID
    Property summary
    AI-generated overview

    Louise's Rock House Restaurant, a renowned landmark, presents a unique investment opportunity. This historic establishment, featured on WBTV, is situated on a 0.97-acre lot at the tri-point of Burke, Avery, and McDowell Counties, offering a truly one-of-a-kind location. The 3,186 square foot building, constructed of rock, is known for its famous rhubarb pie and enjoys a high-traffic location on US 221 N, directly across from the Linville Falls Lodge. Its proximity to Linville Caverns and Linville Winery further enhances its appeal. The main level houses the well-maintained kitchen and main dining area, while the upstairs provides a private dining space suitable for alternative uses, such as retail. All kitchen equipment is included in the sale. The property boasts ample parking with 25 spaces. This is a rare chance to acquire a piece of local history with significant potential for continued success or innovative redevelopment. The building's unique location and established reputation offer a compelling investment opportunity for a discerning buyer. The property's versatility and established customer base make it an attractive proposition for various business ventures.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1936
    Total area 3,186 SF
    Lot 0.97 ac (42,253 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 23175 Linville Falls Hwy?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message