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Banner Elk, NC

Retail

Banner Elk, NC Retail Properties & Spaces for Sale

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Beech Mountain, NC Elk Park, NC Linville, NC Sugar Mountain, NC Seven Devils, NC Sugar Grove, NC Newland, NC Boone, NC

Versatile Valle Crucis Estate

Updated: Mar 6

Versatile Valle Crucis Estate

1644 Broadstone Road, Banner Elk, NC 28604

$1,050,000

5,100 sqft 3.00 AC lot

High‑visibility location in historic Valle Crucis, suitable for business or residential use.
Boasting 5,100 sq ft with a flexible floor plan adaptable for retail, spa, gallery, B&B, family estate, or rental.
Includes fully‑equipped second living quarters perfect for guests, office, or short‑term rental income.
Extensive recent updates including new roof, HVAC, stone exterior, kitchen and bath renovations, flooring, and outdoor terrace with fireplace.
Features 3 acres with 12+ parking spaces and two outbuildings.

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 59 Potential Opportunities for your consideration. Besides 1 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.

Corner Lot Commercial Property

Corner Lot Commercial Property

6460 Banner Elk Hwy, Elk Park, NC 28622

$985,000

4,370 sqft

Commercial property with an existing restaurant, ample parking, and convenient access on a highly visible corner lot.

Multi-Use Construction Office Building

Multi-Use Construction Office Building

1345 Poplar Grove Road S, Boone, NC 28607

$995,000

7,362 sqft 1.05 AC lot

Versatile commercial building with multiple construction-related rental spaces and leased parking for flexible operating models.

Downtown Commercial Condo Building

Downtown Commercial Condo Building

870 W King St, Boone, NC 28607

Contact for pricing

6,840 sqft

Three unfinished commercial condo units totaling 6,840 sq. ft. offer flexible layouts and parking for up to 36 vehicles.

Commercial Property Near Banner Elk

Commercial Property Near Banner Elk

6460 Banner Elk Parkway, Elk Park, NC 28622

$985,000

Versatile commercial property with high visibility and ample parking.

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.

Boone Commercial Development Opportunity

Boone Commercial Development Opportunity

2704 S US Hwy. 421, Boone, NC 28607

$4,000,000

4.60 AC lot

4.6 acre commercial development tract with high visibility.

Prime Highway Frontage Land

Prime Highway Frontage Land

1794 Highway 105, Boone, NC 28607

$699,000

2.89 AC lot

Commercial land with high visibility and access in Boone, NC.

Commercial Lot in Boone, NC

Commercial Lot in Boone, NC

NC-105 Highway, Boone, NC 28607

$125,000

0.81 AC lot

Commercial lot available in Boone's NC-105 commercial section.

Commercial View Lot in ETJ

Commercial View Lot in ETJ

6 Dameron Drive, Blowing Rock, NC 28605

$59,900

0.36 AC lot

Zoned commercial in the ETJ with Grandfather Mountain views, no deed restrictions, and short-term rentals allowed.

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

Value Estimation by Request

3,638 sqft 1.26 AC lot

10575 Nc Hwy 105th S

RESTAURANT

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

Value Estimation by Request

1,248 sqft 0.86 AC lot

9645 Nc Hwy 105th S

AUTO REPAIR, GARAGE

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

Value Estimation by Request

1,700 sqft 2.71 AC lot

Nc 105th Hwy

SHOPPING CENTER, STRIP CENTER

Nc 105th Hwy, Banner Elk, NC 28604

Value Estimation by Request

16,968 sqft 1.60 AC lot

10821 Nc Hwy 105th S

RETAIL STORES (PERSONAL SERVICES)

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

$600,000

Estimated value

1,230 sqft 2.20 AC lot

10656 Nc Hwy 105th S

CONVENIENCE STORE

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

$880,000

Estimated value

2,530 sqft 1.24 AC lot

330 Main E St

FINANCIAL BUILDING

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

$705,000

Estimated value

3,924 sqft 1.45 AC lot

9378 Nc Hwy 105th S

RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request

3,200 sqft 0.35 AC lot

184 Main St W On Hwy

SERVICE STATION (FULL SERVICE)

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

Value Estimation by Request

1,827 sqft

1667 Tynecastle Hwy

FINANCIAL BUILDING

1667 Tynecastle Hwy, Banner Elk, NC 28604-9708

Value Estimation by Request

2,822 sqft 1.26 AC lot

171 Main E St

RESTAURANT

171 Main E St, Banner Elk, NC 28604

Value Estimation by Request

3,092 sqft 0.32 AC lot

9999 Nc Hwy 105th S

RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request

784 sqft 1.29 AC lot

324 Shawneehaw Ave

RESTAURANT

324 Shawneehaw Ave, Banner Elk, NC 28604-9719

Value Estimation by Request

2,244 sqft 0.33 AC lot

4530 Tynecastle Hwy

CONVENIENCE STORE

4530 Tynecastle Hwy, Banner Elk, NC 28604-7466

Value Estimation by Request

3,196 sqft 0.36 AC lot

Balm Hwy

DEPARTMENT STORE

Balm Hwy, Banner Elk, NC 28604

$845,000

Estimated value

8,778 sqft 1.10 AC lot

931 Shawneehaw Ave

AUTO REPAIR, GARAGE

931 Shawneehaw Ave, Banner Elk, NC 28604-9706

Value Estimation by Request

1,802 sqft 26.14 AC lot

1944 Tynecastle Hwy

CAR WASH

1944 Tynecastle Hwy, Banner Elk, NC 28604-9709

Value Estimation by Request

2,616 sqft 0.83 AC lot

9800 Nc Hwy 105th S

RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request

1,025 sqft 1.28 AC lot

344 Shawneehaw Ave

RESTAURANT

344 Shawneehaw Ave, Banner Elk, NC 28604-9719

Value Estimation by Request

8,831 sqft 0.84 AC lot

10244 Nc Hwy 105th S

RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request

468 sqft 0.21 AC lot

5509 Nc Hwy 105th S

AUTO REPAIR, GARAGE

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

Value Estimation by Request

1,450 sqft 0.33 AC lot

9218 Nc Hwy 105th S

RETAIL STORES (PERSONAL SERVICES)

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

$890,000

Estimated value

2,400 sqft 1.75 AC lot

104 Hardees Ln

AUTO REPAIR, GARAGE

104 Hardees Ln, Banner Elk, NC 28604-9683

Value Estimation by Request

3,258 sqft 0.51 AC lot

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

Explore 51 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 $1,050,000.

Sale prices for stores in Banner Elk, NC average $1,050,000 — 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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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	$1.1M

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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