269 Valley River Avenue, Murphy, NC 28906
None · Cherokee County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1976
Living Area
2,167 sq ft
Lot Size
0.33 acres
Lot Dimensions
0.33 acres
Zoning
HB
Days on Market
13
MLS® Listing#
100584199
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Construction
Foundation
Roof
Security
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$2,333
Tax year 2025
Assessed Value
$226,520
Parcel Number
459211558374000
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.
Affordability Calculator
$159,800
Estimated monthly payment
$4,253/mo
Principal $639,200 · Est. interest $891,741 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Murphy, NC
- $373,868
- Median Listing Price
- 97
- Median Days on Market
- 1,538
- Median Sq Ft
- $253
- Median Price / Sq Ft
- 549
- Active Listings
- This home’s price is 114% above the area median.
- Its price per sq ft is 46% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Murphy, NC.
Location
Getting Around
Points of Interest in Murphy, NC
Showing the Murphy area map.
Nearby Schools
Murphy Elementary School
Elementary · 0.1 mi away
The Learning Center Charter
School · 0.4 mi away
Cherokee County Schools Central Office
School · 1.1 mi away
Murphy High School
Secondary · 1.1 mi away
Murphy Middle School
Secondary · 1.2 mi away
Murphy Adventist Christian School
School · 2.0 mi away
Tri-County Early College High
Secondary School · 4.0 mi away
Peachtree Elementary
Elementary · 4.8 mi away
Martins Creek Elementary School
Elementary · 4.8 mi away
Refugee Missionary Baptist Church
School · 7.0 mi away
The Lighthouse Church and Ministries
School · 8.6 mi away
Marble Elementary School
Elementary · 8.8 mi away
Ranger School
Elementary · 10.0 mi away
Hiwassee Dam High School
Secondary · 10.9 mi away
Carolina Christian Academy
School · 12.2 mi away
Hayesville Middle School
Secondary · 12.5 mi away
Clay County Schools Hayesville, NC
School · 12.6 mi away
Hayesville Elementary School
Elementary · 12.6 mi away
Hayesville Primary School
Elementary · 12.8 mi away
Andrews High School
Secondary · 13.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 105 Liberty Rd, MURPHY, NC | $559,900 | 3 | — | — |
| 194 Quiet Woods TRL, Murphy, NC | $569,000 | 2 | — | — |
| 194 Quiet Woods Trail, Murphy, NC | $569,000 | 2 | 3 | — |
| 3160 Morrow Road, MURPHY, NC | $574,700 | 2 | — | 2,600 |
| 29 Beckwith Rd, MURPHY, NC | $575,000 | 2 | — | 2,622 |
| 899 Lonesome Pine Rd., MURPHY, NC | $579,800 | 4 | — | 1,680 |
Moving Cost Estimate
EXIT Agents in Murphy
Presented by: David Ritz