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Strategically positioned between Boone, Banner Elk & Linville, this retail/commercial building contains 9600 sqft with approximately half being used for office/retail space and the other half is a heated warehouse with high ceilings and loading dock. It was built in 2007 and has tremendous visibility w/ 350 feet of busy NC 105 road frontage. The sale of this building includes the profitable Lighting Gallery & Electrical Supply business, over $100k in inventory & approximately $175k of furniture, fixtures, & equipment (FF&E.) The Lighting Gallery has a 2000 sqft showroom plus numerous offices, a kitchen & public restroom. The Electrical Supply has approximately 500 sqft and a separate entrance. 1600 sqft is currently being used as a finished apartment/office space with a full kitchen, bathroom/laundry, its own entrance. This is a fantastic opportunity only limited by imagination. Great location to continue & expand existing business or for a completely different use case like a brewery. The 1.53 acre property is adjacent to the Watauga River. This incredible investment opportunity is available due to the existing owners retiring after 20+ successful years.
DAYS ON MARKET | 57 | LAST UPDATED | 8/4/2022 |
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TRACT | None | YEAR BUILT | 2006 |
COMMUNITY | 8-Banner Elk | COUNTY | Avery |
STATUS | Sold | PROPERTY TYPE(S) | Commercial |
Elementary School | Banner Elk |
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High School | Avery County |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | 8-Banner Elk |
CONSTRUCTION | Aluminum Siding, Metal Frame, Other, See Remarks, Steel |
GARAGE | Gravel, Parking Lot, Parking Space(s) |
HEAT | Gas |
LOT | 1.53 acre(s) |
SEWER | Private Sewer |
SUBDIVISION | None |
TAXES | 3940.75 |
WATER | Private |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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