Address
269 Valley River Avenue, Murphy, NC
Price
$ 799,000
Property Attributes
- MLS#100584199
- TypeCommercial
- Listing Status Active
- CountyCHEROKEE
- CityMurphy
- NeighborhoodMurphy
- Zip28906
- StyleBusiness
- Year Built1976
- Taxes$ 2333
- Price$ 799,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.33 Acres
Data Source:
North Carolina Regional MLS (NCRMLS)
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
| Heating | Heat Pump,Electric |
|---|---|
| Cooling | Central Air,Heat Pump |
| Utilities | Fiber Optic,High Speed Internet |
| Possession | Close Of Escrow,At Closing |
| Roof | See Remarks,Other |
| Zoning | HB |
| Construction Materials | Metal Siding,Brick,Wood Frame |
| Year Built | 1976 |
| Electric | 3 Phase |
| Property Subtype | Business |
| Tax Year | 2025 |
| Current Use | See Remarks,Restaurant |
| Taxes | 2333.15 |
| Location | See Remarks |
| Parcel Number | 459211558374000 |
| Business Type | Commercial,Food Service |
| Waterfront Features | None |
| County | Cherokee |
| New Construction | No |
| Property Type | Commercial Sale |
| In City Limits? (Y/N) | Yes |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | None |
| Garage Y/N | No |
| Status | Active |
| 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 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 14375.0 |
| Carport Y/N | No |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Home Warranty Y/N | No |
| Lease Considered Y/N | No |
| Structure Type | Wood Frame |
| Standard Status | Active |
| Tax Assessed Value | 226520 |
| Legal Description | FR RP8 LLC 1746/1258 A/17 |
| IslandOrMainland | Mainland |
Interior Features
| Basement | None |
|---|---|
| Flooring | Carpet,Tile,Vinyl |
| Water Heater | Propane |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Attic Features | Access Only |
| SmokingYN | No |
Exterior Features
| Exterior Finish | Brick,Metal Siding |
|---|---|
| Parking Features | Private,Parking Lot,Lighted,On Site,Paved |
| Lot Features | Open Lot,Level,See Remarks,Corner Lot |
| Water Source | Public |
| Lot Size Area | 0.33 |
| Foundation Details | Slab |
| Spa | No |
| Building Area Total | 2167.0 |
| Lot Dimensions | 0.33 acres |
| Lot Size Acres | 0.33 |
| Road Surface Type | Paved |
| Waterfront Y/N | No |
| Road Frontage Type | City Street,State Road,Paved |
| 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
Taxes
Year Built
Visits
Northeast Georgia Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of September 22, 2026 6:06 PM UTC All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Old Town Brokers shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any
