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Live in the mountains and have your own business under one roof. This "hybrid" property has both commercial and residential zoning. Move-in ready for employee housing or is an exceptional live/work property with a 1300 sq. ft. apartment (2 bedrooms/1 bath) for immediate income while operating your business in the remaining portion. This property was previously home to Beech Haven Restaurant for 20 years and was the most popular restaurant in town. Completely renovated down to the studs in 2015 to be used as an upscale hostel, this property can sleep 16+ on the commercial side plus 4+ in the apartment. Currently owner-occupied as a Realty office and residence, but there are many other uses such as dorm-style employee housing (sleeps minimum 20), construction office, tap room, coffee shop, tearoom, retail/office space, or restaurant, use your imagination! Downstairs includes a shower room with 3 private showers and a double vanity. Also in the sleeping area downstairs are 2 powder rooms. The large parking lot will accommodate a food truck, enhancing a coffee shop or pub/taproom. Fenced-in dumpster and 4'x8' grease trap are in place; the grease trap can be reconnected for a commercial kitchen. 192 feet of road frontage on Beech Mountain Parkway and all vehicles traveling to and from Beech Mountain pass by this property. Plenty of beautifully landscaped outdoor space and located only 1/2 mile from downtown Banner Elk. City water/sewer and natural gas with a tankless gas hot-water heater. There is flat land on the property for a vegetable garden or build an additional building/structure/garage of approximately 16'x40'. The property has a special use permit for residential use and is commercially zoned as C2, also listed as a commercial property (see MLS #247897). There are very few commercial properties for sale in Banner Elk and this is one-of-a-kind. A new hotel and restaurant are coming to Banner Elk; this town is hot for growth!
| DAYS ON MARKET | 73 | LAST UPDATED | 2/15/2024 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 2015 |
| 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, Electric, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 8-Banner Elk |
| BUYER'S BROKERAGE COMPENSATION | 2.5 |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Fire Pit, Storage |
| HEAT | Fireplace(s), Forced Air, Hot Water, Natural Gas, Zoned |
| LOT | 0.7 acre(s) |
| PARKING | Paved, Parking Lot |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | None |
| TAXES | 2750 |
| UTILITIES | Cable Available |
| WATER | Public |
| ZONING | Business/Comm,C-2,General Business,Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Holly Ogle, HomeLight, Inc., 828-789-9426
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