Property profile

5722 Us-64 Murphy, NC 28906

OFF-MARKET
Retail properties & Spaces
6,108 SF 3.95 ac lot Built 2005
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Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity in Murphy, North Carolina, presents a unique blend of established success and significant expansion potential. Situated on a 3.95-acre lot at 5722 US-64, this 6,108-square-foot building offers a fully equipped commercial kitchen and ample seating for approximately 300 patrons. Built in 2005, the property includes 60 parking spaces, ensuring convenient access for customers. The existing restaurant features a substantial array of commercial kitchen equipment, including multiple fryers, grills, ovens, refrigerators, freezers, and ample prep space. Additional amenities include a conference room, a gift shop, and the potential for expansion into a brewery, given the significant land area. The asking price is $1,200,000, translating to $196.46 per square foot. This prime location along a busy highway presents a rare opportunity for a savvy investor or entrepreneur to acquire a thriving business with substantial room for growth and diversification. The property's existing infrastructure and equipment provide a solid foundation for immediate operation, while the expansive lot allows for future development and expansion to meet evolving market demands. This is a truly exceptional opportunity to own a well-established restaurant with significant upside potential.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2005
Total area 6,108 SF
Lot 3.95 ac (172,062 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5722 Us-64 Murphy, NC 28906
Murphy metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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