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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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89 Tennessee St , Murphy, NC 28906
$709,000
Est. Payment: $3,631.84/mo
0 Bed
0 Bath
3600 Sqft
Status: active | Days on site: 515
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Bradley Bruce , 941-539-6555 Fiv Realty Co , 828-516-1707. Hive MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.04

Year Built

1921

County

Cherokee

Neighborhood

N/A

Listing ID

98543952

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Wood,Hardwood
Water:Public

Exterior Features

Lot:Level,Outside City Limits
Lot Dimensions:0.04
Zoning:C-3 General Business
Roof:Other
Principal Interest
$3,632
Taxes
$452

Home Price

$709,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$141,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,631.84

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,631.84 $451.99 $0.00 $4,083.83
Yearly $43,582.13 $5,423.85 $0.00 $49,005.98
Total $1,307,463.76 $162,715.50 $0.00 $1,470,179.26

Today's Rates

30 Year

6.63%

20 Year

6.47%

15 Year

5.9%

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Market insight data is pulled from the same city as the listing being viewed (Murphy, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Hive MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-25T20:46:39.000Z

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