5004 Nc Highway 105, Banner Elk, NC 28604 (MLS # 231105)

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PRICE $950,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 1.53 ac

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
TRACT None YEAR BUILT 2006
COMMUNITY 8-Banner Elk COUNTY Avery
STATUS Sold PROPERTY TYPE(S) Commercial

SCHOOLS
Elementary School Banner Elk
High School Avery County


ADDITIONAL DETAILS
AIR Central Air
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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Listing provided by Scott Gordon, High Country Real Estate & Development

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