33 Vly Riv Ave Murphy, NC 28906-2915
- Commercial real estate
- 13,132 SF
- 0.15 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 33 Vly Riv Ave
- Year built
- 1935
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.15 lot acres
- Property size
- 13,132 SF
- Zone code
- GB
- Property type
- Commercial real estate
- APN
- 459210458216000
- APU
- 459210458216000
Description
This exceptional commercial property, located in the heart of downtown Murphy, NC, presents a unique investment opportunity. Situated on a 0.15-acre lot, the well-maintained two-story building boasts a total of 12,000 square feet. The lower level, encompassing 6,000 square feet, is currently leased to the Cherokee County Arts Council, generating immediate income. The upper floor, also 6,000 square feet, offers a blank canvas for a variety of commercial uses, allowing for significant expansion or adaptation to suit specific business needs. The property benefits from its prime location, surrounded by established retail businesses and restaurants, ensuring high foot traffic and excellent visibility. Its proximity to the Murphy River Walk and Konehete Veterans Park further enhances its appeal. Convenient on-site parking is available, supplemented by ample public parking nearby. This property offers a rare chance to capitalize on a thriving downtown area, with the potential for immediate returns and long-term growth. The combination of existing rental income and the significant development potential of the upper floor makes this a truly compelling investment opportunity in one of Murphy's most vibrant commercial districts.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Murphy
- County
- Cherokee
- State
- North Carolina
- Longitude
- -84.0338
- Latitude
- 35.0884