10575 NC Hwy 105 S Highway, Banner Elk, NC 28607 (MLS # 204371)

Save to Favorites
Print
Share
PRICE $449,000
SIZE n/a
LOT SIZE 37,026 sqft

Now available! GRANDVIEW RESTAURANT! - continuous and profitable operation for four decades, and in great condition. Features an attached apartment - 3 bedroom & 2 full baths. Located on Highway 105, with amazing views of Grandview Mountain. Just under an acre of land with plenty of parking. The restaurant was opened in the summer of 1977 by the present owner and her late husband, and has operated continuously and profitably ever since! SALES ARE UP THIS YEAR! It is a premier commercial location, with .8 acres of prime, flat land, and a large frontage on BUSY 105, traveled by thousands of tourists and locals daily. It is open for breakfast and lunch only, six days a week, yet it enjoys large grosses and positive cash flow. The apartment is lovely and very well maintained and also has amazing views. It is currently rented but could be handy for an owner/operator to live in and run the busy restaurant next door. After 40 years of ownership, the owner is simply ready to retire and spend time with some aging relatives. The entire parcel - Restaurant, apartment, very valuable real estate and the restaurant business, is now available for $449,000! Better call today! BEST OF BEST 2016!

DAYS ON MARKET 17 LAST UPDATED 11/3/2017
YEAR BUILT 1976 COMMUNITY 8-Banner Elk
COUNTY Watauga STATUS Active
PROPERTY TYPE(S) Commercial

SCHOOLS
School DistrictBanner Elk


ADDITIONAL DETAILS
AREA8-Banner Elk
CONSTRUCTIONVinyl
HEATBaseboard Electric, Fireplace-Propan
LOT0.850 acre(s)
PARKING25+ Spaces,Gravel
SEWERSeptic Permit
TAXES1234.39
UTILITIESPrivate Well; Septic Permit;
WATERPrivate Well
ZONINGNone

ZESTIMATE
  10575 NC Hwy 105 S Highway, Banner Elk, NC

RENT ZESTIMATE
  10575 NC Hwy 105 S Highway, Banner Elk, NC

SATELLITE VIEW



 
CONTACT US ABOUT 10575 NC HWY 105 S HIGHWAY
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Amy Spell to contact you even if your name is on a Federal or State "Do not call List".

Listed with Blue Ridge Business Brokerage

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 2017.