Address
269 Valley River Ave, Murphy, NC
Price
$ 799,000
Property Attributes
  • MLS#26047679
  • TypeCommercial
  • Listing Status Active
  • CountyCHEROKEE
  • CityMurphy
  • AreaCherokee County
  • Zip28906
  • StyleFood Service,Commercial
  • Year Built1976
  • Taxes$ 2333
  • Price$ 799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1 Acres
Data Source:
Carolina Smokies Association of REALTORS® (CSNCAOR)
Property Description

Exceptional opportunity to own a well-established, standalone restaurant in the heart of Murphy, NC. Located on busy Valley River Avenue with outstanding visibility and easy access, this turnkey property sits on its own site with dedicated parking and strong street presence. Known by locals and visitors alike, the restaurant offers a welcoming dining area, efficient commercial kitchen, and a highly recognizable location along one of Murphy's main commercial corridors. Financially, this property stands out: the current restaurant's net operating income is significantly higher than most comparable operations in the area, making it appealing for both investors and owner-operators. This versatile offering presents endless possibilities for continued restaurant operations or new ventures. Benefit from strong traffic counts, established community presence, and a prime location just minutes from downtown Murphy, Harrah's Cherokee Valley River Casino, and mountain attractions. Business, equipment, furnishings, and inventory convey per terms of sale.

Price History
6/25/2026 Listed $799,000

General Features

Construction Frame
Heating Electric Heat Pump
Cooling Central Electric Heat Pump
Utilities Propane,3 Phase Electric
Possession At Closing
Roof Other
Parking Parking Lot
Status Active
Subdivision none
County Cherokee
Miscellaneous Security System,Security Lighting,Sprinkler,Rear Entry,Inside Storage,Outside Storage,Furniture Fixed Inventory,Office Equipment,Smoke Detectors,Handicapped
Township OTHER
Type Food Service,Commercial
Location City,Other-See Remarks
Access City Street,Paved Road
Financing Cash,Conventional,Other-See Remarks
Status Active
Area Cherokee County
Year Built 1976
Virtual Tour https://tour.usamls.net/269-Valley-River-Ave-Murphy-NC-28906/unbranded
Directions From the center of town,head northeast on Hiwassee St/Valley River Ave. At the traffic circle,continue straight to stay on Valley River Ave. Restaurant will be on the left.
City Murphy
Listing Type Commercial
ListingAgentFirstName Vickie C.
ListingAgentLastName Kimsey

Interior Features

Floors Carpet,Vinyl,Tile
Restrooms 2

Exterior Features

Building Size 2167
Lot Dimensions 0.3300

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 28906

Price
AVG $920K
$800K
Taxes
AVG $1,453
$2,333
Year Built
AVG 1978
1976
Visits
AVG 21
2
Data Provided by Inside Real Estate®