Technical
Financial
Distress signals
Property profile

127 Main St Burnsville, NC 28714

OFF-MARKET
Retail space
Property ID
US53-0680441
6,716 SF 0.19 ac lot Built 1965
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Department Store Grocery & Convenience Store

Location

127 Main St Burnsville, NC 28714-2826
Burnsville metro Census 960200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2025
Last sale
$250,000
2 recorded transactions
2025
$788,000
2022
$250,000

Zoning & alternative use

C-1 · Burnsville, NC
Zoning description

Section 801. C-1 Central Business District This district is designed to provide (a) a concentrated central core of retailing and services, and (b) areas accommodating central administrative, business, financial, general…

General category COMMERCIAL

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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