89 Tennessee Street, Murphy, NC

$709,000

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0.04

Acres

About 89 Tennessee Street

Own a Profitable Downtown Murphy, NC Restaurant + Income-Producing Luxury Loft. Step into a rare turn-key commercial investment opportunity in downtown Murphy, North Carolina, featuring the iconic Red Brick Deli, a well-established and profitable restaurant in the heart of the Western NC mountains. Located on bustling Tennessee Street, this high-visibility, walkable location is surrounded by popular boutiques, breweries, and thriving small businesses making it a prime destination for both locals and tourists exploring the Appalachian Mountains. This income-producing commercial property offers more than just a successful restaurant, it delivers a complete live/work or investment lifestyle opportunity. The Red Brick Deli is a recognized local favorite with a strong reputation, loyal customer base, and consistent foot traffic. Fully operational and equipped, this is a true turn-key restaurant business ready for immediate ownership. Above the commercial space, you'll find a stunning upscale loft-style apartment, ideal for an owner-operator, executive rental, or short-term rental/Airbnb income stream in Murphy's growing tourism market. Luxury Apartment Features Include: 10-foot ceilings and oversized windows with abundant natural light, Hardwood floors, granite countertops, and custom cabinetry, 2 bedrooms, 2 bathrooms, plus office/bonus space, Private entrance for added exclusivity and privacy. This unique mixed-use property combines commercial income, residential luxury, and prime downtown real estate a rare find in Cherokee County. Whether you're an investor seeking multiple income streams, an entrepreneur looking for a profitable business opportunity, or a buyer wanting a mountain lifestyle with built-in income, this property checks every box. Don't miss your chance to own a landmark business and premium downtown property in Murphy, NC.

Features of 89 Tennessee Street

MLS® # 98543952
Price $709,000
Acres 0.04
Year Built 1921
Type Commercial Sale
Status Active

Community Information

Address 89 Tennessee Street
Subdivision N/A
City Murphy
County Cherokee
State NC
Zip Code 28906

Amenities

Utilities Cable High Speed
Is Waterfront No
Has Pool No

Interior

Heating Electric
Cooling Central Air
Fireplace No

Exterior

Lot Description Level
Roof Other
Construction Brick/Stone
Foundation Crawl Space

Additional Information

Date Listed March 24th, 2025
Days on Market 514
Zoning C-3 General Business
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFiv Realty Co

Listing Map

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