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Elk Park, NC Restaurants for Sale

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

6460 Banner Elk Hwy, Elk Park, NC 28622

$985,000
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

$985,000
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.

Riverside Retail Building with Deck
Riverside Retail Building with Deck

8260 Highway 19, Roan Mountain, TN 37687

$299,777
0.69 AC lot

Elevated metal retail building on Doe River features large tinted windows, an office, covered picnic area, and ample parking.

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Retail Building with Upper Deck
Retail Building with Upper Deck

Roan Mountain, TN 37687

$299,777
0.69 AC lot

Metal retail building on stilts along the Doe River with tinted display windows, enclosed office, elevator access, and onsite parking.

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Newland Retail Opportunity For Sale
Newland Retail Opportunity For Sale

417 Cranberry Street, Newland, NC 28657

$689,000

Prime Newland location with road frontage and development potential.

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Newland Retail Opportunity with Frontage
Newland Retail Opportunity with Frontage

417 Cranberry Street, Newland, NC 28657

$765,000

In-town Newland property with road frontage and development potential.

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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 on Highway 421
Commercial Land on Highway 421

2431 S Shady Street, Mountain City, TN 37683

$475,000
4.00 AC lot

4-acre commercial land with utilities and highway frontage in Mountain City.

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Commercial Land
Commercial Land

2301 S Greenwood Drive, Johnson City, TN 37604

$74,900
0.78 AC lot

Zoned B1 with public water and public sewer available for development on a level-to-rolling parcel.

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Prime Commercial Lot in Johnson
Prime Commercial Lot in Johnson

Heart Drive, Johnson City, TN 37604

$3,000,000
7.60 AC lot

Commercial lot in the heart of Johnson City's business district.

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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

Value Estimation by Request
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

Value Estimation by Request
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 $1,970,000.

Sale prices for restaurant properties in Elk Park, NC average $985,000 — 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 $985K

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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