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Prime commercial investment opportunity in the heart of Banner Elk! Ideally positioned on highly traveled Tynecastle Highway just below the blinking yellow light at the entrance to Sugar Mountain, this versatile commercial building offers exceptional visibility, easy access, and outstanding signage exposure along one of Banner Elk's main thoroughfares. The property features four separate office suites, two of which are currently leased to long-term tenants, providing immediate income potential. Flexible layout options make this an excellent fit for professional offices, boutique retail, wellness services, or a variety of commercial uses. Spacious rear decks showcase beautiful long-range views overlooking the headwaters of the Elk River and the slopes of Sugar Mountain Ski Resort, creating a rare and inviting setting for clients, customers, and employees alike. Conveniently located just minutes from downtown Banner Elk, Sugar Mountain Resort, and the Shops of Tynecastle, this property combines strong investment appeal with prime High Country location and visibility. A rare opportunity to own a highly desirable commercial property in one of the area's most sought-after corridors.
| DAYS ON MARKET | 1 | LAST UPDATED | 5/27/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1993 |
| COMMUNITY | 8-Banner Elk | COUNTY | Avery |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| Elementary School | Banner Elk |
|---|---|
| High School | Avery County |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 8-Banner Elk |
| CONSTRUCTION | Frame, Wood Siding |
| HEAT | Baseboard, Electric, Hot Water |
| INTERIOR | High Speed Internet |
| LOT | 0.29 acre(s) |
| LOT DIMENSIONS | 0.29 |
| PARKING | Paved |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | None |
| TAXES | 1357.21 |
| WATER | Public |
| ZONING | Business/Comm |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by J.D. Kern, Keller Williams High Country, (828) 773-4262
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
This IDX solution is (c) Diverse Solutions 2026.