$709,000

89 Tennessee Street, Murphy, NC 28906

  • 3,600 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1921
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $197/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Own a Profitable Downtown Murphy, NC Restaurant + Income-Producing Luxury Loft. Step into a rare turn-key commercial investment opportunity in downtown Murphy, North Carolina, featuring the iconic Red Brick Deli, a well-established and profitable restaurant in the heart of the Western NC mountains. Located on bustling Tennessee Street, this high-visibility, walkable location is surrounded by popular boutiques, breweries, and thriving small businesses making it a prime destination for both locals and tourists exploring the Appalachian Mountains. This income-producing commercial property offers more than just a successful restaurant, it delivers a complete live/work or investment lifestyle opportunity. The Red Brick Deli is a recognized local favorite with a strong reputation, loyal customer base, and consistent foot traffic. Fully operational and equipped, this is a true turn-key restaurant business ready for immediate ownership. Above the commercial space, you'll find a stunning upscale loft-style apartment, ideal for an owner-operator, executive rental, or short-term rental/Airbnb income stream in Murphy's growing tourism market. Luxury Apartment Features Include: 10-foot ceilings and oversized windows with abundant natural light, Hardwood floors, granite countertops, and custom cabinetry, 2 bedrooms, 2 bathrooms, plus office/bonus space, Private entrance for added exclusivity and privacy. This unique mixed-use property combines commercial income, residential luxury, and prime downtown real estate a rare find in Cherokee County. Whether you're an investor seeking multiple income streams, an entrepreneur looking for a profitable business opportunity, or a buyer wanting a mountain lifestyle with built-in income, this property checks every box. Don't miss your chance to own a landmark business and premium downtown property in Murphy, NC.

Listing Status:
Active
Date Added:
March 24, 2025
Data Last Updated:
June 25, 2026 at 7:18AM
Listing Office:
Fiv Realty Co : 828-516-1707
MLS ID:
98543952
  • Flooring: WoodHardwood
  • A/C: Central Air
  • Heating: Electric
  • Roofing: Other
  • General: Brick/StoneCrawl Space
  • Road/Access: Paved
  • Originating MLS: Hive MLS
  • County: Cherokee
  • Zoning: C-3 General Business459210453520000
  • Utilities: Cable High Speed
  • Water: Public
  • Sewer: Public Sewer
  • Source: Hive MLS

This listing courtesy of Fiv Realty Co

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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