Foreclosure - Lease to Own
Address
71 Tennessee Street, Murphy, NC
Price
$ 410,000
Property Attributes
  • MLS#100579998
  • TypeCommercial
  • Listing Status Active
  • CountyCHEROKEE
  • CityMurphy
  • AreaDowntown Murphy
  • NeighborhoodMurphy
  • Zip28906
  • StyleBusiness
  • Year Built1946
  • Taxes$ 1497
  • Price$ 410,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.07 Acres
Data Source:
North Carolina Regional MLS (NCRMLS)
Property Description

A turnkey 90 seat restaurant downtown Murphy on main street. Featuring a wood fired brick oven and a 2 barrel nano brewery. The business comes all equipment kitchen and brewing equipment. The perfect business for a people person, foodie or someone into brewing.

Price History
6/8/2026 Listed $500,000
8/5/2026 18$410,000

General Features

Heating Electric,Forced Air
Cooling Central Air
Utilities High Speed Internet
Possession Negotiable
Roof Wood Joists/Truss
Zoning GB
Construction Materials Brick Veneer
Year Built 1946
Electric 220 Volts
Property Subtype Business
Tax Year 2025
Taxes 1497.67
Location Gen Bus District
Parcel Number 459210453481000
Business Type Food Service
County Cherokee
New Construction No
Property Type Commercial Sale
In City Limits? (Y/N) Yes
HOA No
Attached Garage No
Subdivision Name Downtown Murphy
Possible Use Professional Service,Retail
Garage Y/N No
Status Active
Directions Downtown Murphy 71 Tennessee Street
City Murphy
Lot Size Units Acres
Lot Size Square Feet 3049.0
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Considered Y/N No
Availability Date 2026-06-04
Standard Status Active
Tax Assessed Value 245520
Legal Description two storefront buildings that create one restaurant
IslandOrMainland Mainland

Interior Features

Flooring Tile,Vinyl
Water Heater Propane,Tankless
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
SmokingYN No

Exterior Features

Exterior Finish Brick Veneer
Parking Features Public,Paved,On Street
Lot Features Level
Water Source Public
Lot Size Area 0.07
Foundation Details Slab
Spa No
Building Area Total 2856.0
Lot Dimensions .07 +/- acres
Lot Size Acres 0.07
Waterfront Y/N No
Road Frontage Type Highway
Crops Included Y/N No
Horse Y/N No

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
$410K
Taxes
AVG $1,453
$1,497
Year Built
AVG 1978
1946
Visits
AVG 21
56
Data Provided by Inside Real Estate®