Restaurants

Elk Park, NC Restaurants for Sale

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Newland, NC Banner Elk, NC Roan Mountain, TN Beech Mountain, NC Linville, NC Sugar Mountain, NC Butler, TN Lenoir, NC
Corner Lot Commercial Property
Updated: Aug 13, 2025
Corner Lot Commercial Property

6460 Banner Elk Hwy, Elk Park, NC 28622

$1,200,000
4,370 sqft
4,370 SF commercial property on a highly visible corner lot at Hwy 19E and NC Hwy 194
Existing Elk River Depot Restaurant on‑site
Zoned for commercial use with a wide range of potential business types
Easy ingress and egress with ample parking
Located about 12 minutes from downtown Banner Elk and 9 minutes from downtown Newland
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Commercial Property Near Banner Elk
Updated: Aug 13, 2025
Commercial Property Near Banner Elk

6460 Banner Elk Parkway, Elk Park, NC 28622

$1,200,000
Prime commercial location: 12 minutes from Banner Elk and 9 minutes from Newland.
High visibility corner lot at Hwy 19E and NC Hwy 194.**
4,370 square feet of versatile commercial space.**
Excellent road frontage, easy access, and ample parking.**
Wide range of permitted commercial uses.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Elk Park, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Operational Bar and Grill
Operational Bar and Grill

4020 Roan Creek Road, Mountain City, TN 37683

$649,900
1,500 sqft 0.56 AC lot

Operational hospitality property with a commercial kitchen, indoor seating, patio space, and a separate outdoor bar area.

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Established Bar and Grill
Established Bar and Grill

4020 Roan Creek Road, Mountain City, TN 37683

$649,900
0.56 AC lot

Operating hospitality property with equipped kitchen, indoor seating, patio space, and a separate outdoor bar area.

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Coffee Shop Building with Loft
Coffee Shop Building with Loft

352 W King St, Boone, NC 28607

$599,000

Two-level layout includes a service counter, flexible seating areas, and an outdoor deck.

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Established Coffee Shop in Boone, NC
Established Coffee Shop in Boone, NC

188 Boone Heights Dr, Boone, NC 28607

Contact for pricing
1,200 sqft

Turnkey coffee shop with mobile espresso cart in Boone.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

2431 S Shady Street, Mountain City, TN 37683

$475,000
4.00 AC lot

Cleared, relatively level commercial tract with public water and sewer serving the site.

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B1 Commercial Land
B1 Commercial Land

2301 S Greenwood Drive, Johnson City, TN 37604

$74,900
0.78 AC lot

Neighborhood Business zoning, public utilities, and a cleared parcel support a range of commercial development options.

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B-4 Commercial Land with Dual Frontage
B-4 Commercial Land with Dual Frontage

Heart Drive, Johnson City, TN 37604

$3,000,000
7.60 AC lot

Mostly cleared parcel with B-4 zoning and access from two commercial roads.

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Jonesborough Land For Sale
Jonesborough Land For Sale

TRACT 4 HEADTOWN Road, Jonesborough, TN 37659

$300,000
1.83 AC lot

1.83 acre commercial land parcel in Jonesborough, Tennessee.

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Off-Market Properties in Elk Park, NC

Consider similar Off-Market properties in Elk Park, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

8060 Us Hwy 19e
RESTAURANT

8060 Us Hwy 19e, Elk Park, NC 28622-9115

Estimated value:
$230,000
2,055 sqft 0.62 AC lot
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6460 Banner Elk Hwy
RESTAURANT

6460 Banner Elk Hwy, Elk Park, NC 28622-9061

Estimated value:
$255,000
5,236 sqft 0.43 AC lot
View details

Elk Park, NC Restaurants Market Trends and Statistics

Explore 4 restaurants for sale in Elk Park, NC on our real estate platform. These investment opportunities span a total of 4,370 square feet of properties for sale, with an estimated market value of $2,400,000.

Sale prices for restaurant properties in Elk Park, NC average $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 1

Demographics Overview

Population 2,701
Population Growth (5Y) +28.1%
Median Household Income $45,169
College Educated 16.9%

High-Yield Neighborhoods for Investment

Identify Elk Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28622 $1.1M

Taxes & Financing

Tax Rate (average for all types) 0.40%
Property Tax per SF $8.87 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Avery County

New Delisted

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