$799,000
( $368.71Per Sq Foot )
 $4,289 est/mo Sourced by Back At You

269 Valley River Avenue,Murphy, NC 28906

Murphy, NC 28906

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Description

Exceptional opportunity to own a well-established, standalone restaurant in the heart of Murphy, NC. Located on busy Valley River Avenue with outstanding visibility and easy access, this turnkey property sits on its own site with dedicated parking and strong street presence. Known by locals and visitors alike, the restaurant offers a welcoming dining area, efficient commercial kitchen, and a highly recognizable location along one of Murphy's main commercial corridors. Financially, this property stands out: the current restaurant's net operating income is significantly higher than most comparable operations in the area, making it appealing for both investors and owner-operators. This versatile offering presents endless possibilities for continued restaurant operations or new ventures. Benefit from strong traffic counts, established community presence, and a prime location just minutes from downtown Murphy, Harrah's Cherokee Valley River Casino, and mountain attractions. Business, equipment, furnishings, and inventory convey per terms of sale.

Details

MLS #100584199
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Year1976
Days On Site62
Listing Provided ByReMax Mountain Properties | David Ritz

Features

SQ Feet2,167
ZoningHB
Acreage0.33

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Heat Pump

Exterior

RoofSee Remarks, Other
Foundation DetailsSlab
Lot FeaturesOpen Lot, Level, See Remarks, Corner Lot
Waterfront FeaturesNone
Construction MaterialsMetal Siding, Brick, Wood Frame

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesPrivate, Parking Lot, Lighted, On Site, Paved

Utilities

UtilitiesFiber Optic, High Speed Internet
Electric3 Phase

Taxes

Tax Assessed Value226520
Tax Book Number-
Tax Legal DescriptionFR RP8 LLC 1746/1258 A/17
Tax Year2025

Area Information

StateNC
CountyCherokee
CityMurphy
Zip Code28906
Listing VS Median (in 28906)
Price:
$799,000
low | high
Med:
$349,900
100% of Average
sqft:
2,167
low | high
Med:
1,012
100% of Average
$ / sqft:
$369
low | high
Med:
$347
55.979246800904% of Average
On site:
62
low | high
Med:
52.5
100% of Average
Sourced by Back At You

Market Activity 28906

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Learn More About This Property

StateNC
CountyCherokee
CityMurphy
Zip Code28906
Listing VS Median (in 28906)
Price:
$799,000
low | high
Med:
$349,900
100% of Average
sqft:
2,167
low | high
Med:
1,012
100% of Average
$ / sqft:
$369
low | high
Med:
$347
55.979246800904% of Average
On site:
62
low | high
Med:
52.5
100% of Average
Sourced by Back At You
Listing Updated: August 18, 2026 at 6:14:29 PM PDT