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    OFF-MARKET
    Retail space

    127 Main St, Burnsville, NC 28714-2826

    6,716 SF 0.19 ac lot Built 1965
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US53-0680441
    Property summary
    AI-generated overview

    This exceptional 8,024 sq ft retail property, located at 127 West Main Street in Burnsville, NC, presents a unique investment opportunity. Situated on a 0.19-acre lot in the heart of downtown, this prime location offers unparalleled visibility and access to a vibrant community. The property boasts a rich history, originally constructed in the 1900s in the craftsman style and later expanded in the 1950s, creating a captivating "house within a house" effect. The multi-level space features four entrances, nine antique fireplaces, and 2.5 bathrooms. Original wood trim adds to the property's character and charm. Currently occupied by multiple local vendors and artisans, this property offers significant potential for expansion and redevelopment. Imagine adding a restaurant or brewery to complement the existing businesses and capitalize on the high foot traffic. Further enhancing the investment potential is a fully renovated one-bedroom, one-bathroom apartment at the rear of the building, which has generated income as both an Airbnb and long-term rental. A detached two-car tandem garage provides additional convenience and storage. This is a rare chance to acquire a piece of Burnsville's history and create a thriving commercial enterprise in a picturesque mountain setting. Priced at $850,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1965
    Construction WOOD FRAME
    Total area 6,716 SF
    Lot 0.19 ac (8,276 SF)
    Zoning code C-1
    APN 082013244825.000
    UPID US53-0680441
    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
    Current use
    Occupant on record · Public records
    • Lamp Post Vintage Market &The Sawmill Dry Goods & General Store Department Store Grocery & Convenience Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Amy Wellness Foundation
    Amy Wellness Foundation
    since 2025
    Last sale
    $250,000
    2 recorded transactions
    2025
    $788,000
    2022
    $250,000
    Zoning & alternative use
    C-1 · Burnsville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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