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    Banner Elk, NC
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    Banner Elk, NC Retail Properties & Spaces for Sale

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    Beech Mountain, NC Elk Park, NC Sugar Mountain, NC Lenoir, NC Linville, NC Seven Devils, NC Sugar Grove, NC Newland, NC
    Storefront Building with Multiple Uses
    Updated: Jun 19
    Storefront Building with Multiple Uses

    2331 Tynecastle Highway, Banner Elk, NC 28604

    $429,777
    0.43 AC lot
    0.43‑acre commercial lot in Banner Elk
    Storefront building constructed in 1985
    Private well with Banner Elk Sewer service
    Location has housed a packing and shipping business for over 40 years
    Next to a new Hilton Hotel coming to Banner Elk in late 2027
    View details
    Mixed-Use Property with Second Living Quarters
    Updated: Jul 25
    Mixed-Use Property with Second Living Quarters

    1644 Broadstone Rd, Banner Elk, NC 28604

    $995,000
    5,100 sqft
    5,100 SQ FT mixed‑use property on approximately 3 acres
    Main‑level business area with upper‑level living quarters
    Fully equipped second living quarters
    12+ parking spaces and two outbuildings
    Recent roofing, HVAC, plumbing, kitchen, flooring, and exterior improvements
    View details
    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 60 Potential Opportunities for your consideration. Besides 2 Active listings in Banner Elk, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 50 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.

    Mixed-Use Property with Highway Exposure
    Mixed-Use Property with Highway Exposure

    3385 US Highway 321, Blowing Rock, NC 28605

    $825,000
    3,033 sqft

    Flexible commercial and residential configuration with multiple bathrooms, kitchens, bedrooms, and separate electrical meters.

    View details
    Storefront Building with Salon Plumbing
    Storefront Building with Salon Plumbing

    200 Little Spring Road #176, Blowing Rock, NC 28605

    $625,000
    1,142 sqft

    Open commercial layout with existing plumbing and dedicated parking for customer and employee use.

    View details
    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.

    View details
    B-3 Zoned Commercial Land Tract
    B-3 Zoned Commercial Land Tract

    1505 U.S. Highway 421 South, Boone, NC 28607

    $1,085,000
    0.47 AC lot

    A 0.465± acre B-3 General Business parcel with potential access to US Highway 421 via a driveway permit.

    View details

    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

    2704 S US Hwy. 421, Boone, NC 28607

    $4,000,000
    4.60 AC lot

    B-3 General Business zoning with city water and sewer available.

    View details
    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    1794 Highway 105, Boone, NC 28607

    $699,000
    2.89 AC lot

    Town of Boone water and sewer are available, with commercial zoning on the parcel’s front portion.

    View details
    B-3 Commercial Land
    B-3 Commercial Land

    NC-105 Highway, Boone, NC 28607

    $125,000
    0.81 AC lot

    Commercial land with reported access through an adjoining parking area.

    View details
    Commercial Land with Mountain Views
    Commercial Land with Mountain Views

    6 Dameron Drive, Blowing Rock, NC 28605

    $59,900
    0.36 AC lot

    Commercially zoned land in Blowing Rock’s ETJ with Grandfather Mountain views and short-term rentals allowed.

    View details

    Off-Market Properties in Banner Elk, NC

    Consider similar Off-Market properties in Banner Elk, 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.

    2943 Tynecastle Hwy
    RESTAURANT

    2943 Tynecastle Hwy, Banner Elk, NC 28604

    Estimated value:
    $280,000
    3,638 sqft 1.26 AC lot
    View details
    10575 Nc Hwy 105th S
    RESTAURANT

    10575 Nc Hwy 105th S, Banner Elk, NC 28604-8655

    Estimated value:
    $360,000
    1,248 sqft 0.86 AC lot
    View details
    9645 Nc Hwy 105th S
    AUTO REPAIR, GARAGE

    9645 Nc Hwy 105th S, Banner Elk, NC 28604-8647

    Estimated value:
    $380,000
    1,700 sqft 2.71 AC lot
    View details
    Nc 105th Hwy
    SHOPPING CENTER, STRIP CENTER

    Nc 105th Hwy, Banner Elk, NC 28604

    Estimated value:
    $400,000
    16,968 sqft 1.60 AC lot
    View details
    10821 Nc Hwy 105th S
    RETAIL STORES (PERSONAL SERVICES)

    10821 Nc Hwy 105th S, Banner Elk, NC 28604-8658

    Estimated value:
    $600,000
    1,230 sqft 2.20 AC lot
    View details
    10656 Nc Hwy 105th S
    CONVENIENCE STORE

    10656 Nc Hwy 105th S, Banner Elk, NC 28604-8656

    Estimated value:
    $880,000
    2,530 sqft 1.24 AC lot
    View details
    330 Main E St
    FINANCIAL BUILDING

    330 Main E St, Banner Elk, NC 28604-8973

    Estimated value:
    $645,000
    3,924 sqft 1.45 AC lot
    View details
    9378 Nc Hwy 105th S
    RETAIL STORES (PERSONAL SERVICES)

    9378 Nc Hwy 105th S, Banner Elk, NC 28604-6920

    Estimated value:
    $440,000
    3,200 sqft 0.35 AC lot
    View details
    184 Main St W On Hwy
    SERVICE STATION (FULL SERVICE)

    184 Main St W On Hwy, Banner Elk, NC 28604

    Estimated value:
    $350,000
    1,827 sqft
    View details
    1667 Tynecastle Hwy
    FINANCIAL BUILDING

    1667 Tynecastle Hwy, Banner Elk, NC 28604-9708

    Estimated value:
    $210,000
    2,822 sqft 1.26 AC lot
    View details
    171 Main E St
    RESTAURANT

    171 Main E St, Banner Elk, NC 28604

    Estimated value:
    $240,000
    3,092 sqft 0.32 AC lot
    View details
    9999 Nc Hwy 105th S
    RETAIL STORES (PERSONAL SERVICES)

    9999 Nc Hwy 105th S, Banner Elk, NC 28604

    Estimated value:
    $385,000
    784 sqft 1.29 AC lot
    View details
    324 Shawneehaw Ave
    RESTAURANT

    324 Shawneehaw Ave, Banner Elk, NC 28604-9719

    Estimated value:
    $240,000
    2,244 sqft 0.33 AC lot
    View details
    4530 Tynecastle Hwy
    CONVENIENCE STORE

    4530 Tynecastle Hwy, Banner Elk, NC 28604-7466

    Estimated value:
    $265,000
    3,196 sqft 0.36 AC lot
    View details
    Balm Hwy
    DEPARTMENT STORE

    Balm Hwy, Banner Elk, NC 28604

    Estimated value:
    $335,000
    8,778 sqft 1.10 AC lot
    View details
    931 Shawneehaw Ave
    AUTO REPAIR, GARAGE

    931 Shawneehaw Ave, Banner Elk, NC 28604-9706

    Estimated value:
    $235,000
    1,802 sqft 26.14 AC lot
    View details
    1944 Tynecastle Hwy
    CAR WASH

    1944 Tynecastle Hwy, Banner Elk, NC 28604-9709

    Estimated value:
    $350,000
    2,616 sqft 0.83 AC lot
    View details
    9800 Nc Hwy 105th S
    RETAIL STORES (PERSONAL SERVICES)

    9800 Nc Hwy 105th S, Banner Elk, NC 28604-8648

    Estimated value:
    $370,000
    1,025 sqft 1.28 AC lot
    View details
    344 Shawneehaw Ave
    RESTAURANT

    344 Shawneehaw Ave, Banner Elk, NC 28604-9719

    Estimated value:
    $310,000
    8,831 sqft 0.84 AC lot
    View details
    10244 Nc Hwy 105th S
    RETAIL STORES (PERSONAL SERVICES)

    10244 Nc Hwy 105th S, Banner Elk, NC 28604-8652

    Estimated value:
    $360,000
    468 sqft 0.21 AC lot
    View details
    5509 Nc Hwy 105th S
    AUTO REPAIR, GARAGE

    5509 Nc Hwy 105th S, Banner Elk, NC 28604

    Estimated value:
    $250,000
    1,450 sqft 0.33 AC lot
    View details
    9218 Nc Hwy 105th S
    RETAIL STORES (PERSONAL SERVICES)

    9218 Nc Hwy 105th S, Banner Elk, NC 28604-6626

    Estimated value:
    $395,000
    2,400 sqft 1.75 AC lot
    View details

    Banner Elk, NC Retail Properties & Spaces Market Trends and Statistics

    Explore 52 retail properties & spaces for sale in Banner Elk, NC on our real estate platform. These investment opportunities span a total of 5,100 square feet of properties for sale, with an estimated market value of $1,424,777.

    Sale prices for stores in Banner Elk, NC start at $429,777, averaging $712,388, and reaching up to $995,000 — 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

    Storefront properties 1

    Demographics Overview

    Population 7,280
    Population Growth (5Y) -4.7%
    Median Household Income $64,052
    College Educated 31.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    28604 $739.9K

    Taxes & Financing

    Tax Rate (average for all types) 0.40%
    Property Tax per SF $7.60 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Avery County

    New Delisted

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    Most Searched ZIP Codes in Banner Elk, NC

    • 28604

    Featured Banner Elk Real Estate Agencies

    Realmo connects you with licensed Banner Elk CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    The Summit Group of the Carolinas
    P.O. Box 2435 Banner Elk, NC 28604
    Phone: 18288983500
    www.summitgrouprealestate.com/

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