Prime commercial investment opportunity in the heart of Banner Elk! Ideally positioned on highly traveled Tynecastle Highway just below the blinking yellow light at the entrance to Sugar Mountain, this versatile commercial building offers exceptional visibility, easy access, and outstanding signage exposure along one of Banner Elk's main thoroughfares. The property features four separate office suites, ALL FOUR UNITS are currently leased, providing immediate income. Flexible layout options make this an excellent fit for professional offices, boutique retail, wellness services, or a variety of commercial uses. Spacious rear decks showcase beautiful long-range views overlooking the headwaters of the Elk River and the slopes of Sugar Mountain Ski Resort, creating a rare and inviting setting for clients, customers, and employees alike. Conveniently located just minutes from downtown Banner Elk, Sugar Mountain Resort, and the Shops of Tynecastle, this property combines strong investment appeal with prime High Country location and visibility. A rare opportunity to own a highly desirable commercial property in one of the area's most sought-after corridors.
| MLS # | 262270 |
|---|---|
| Listing Type | For Sale |
| Style | Buildingland |
| Sub-Type | Resale |
| Year | 1993 |
| Days On Site | 161 |
| Listing Provided By | Keller Williams High Country | J.D. Kern |
| SQ Feet | 3,600 |
|---|---|
| Story(s) | 2 |
| Zoning | Business/Comm |
| Acreage | 0.29 |
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Baseboard, Electric, Hot Water |
| Roof | Asphalt, Shingle |
|---|---|
| Construction Materials | Wood Siding, Wood Frame |
| Parking Features | Paved, Parking Spaces |
|---|
| Utilities | High Speed Internet Available |
|---|---|
| Sewer | Public Sewer |
| Tax Annual Amount | 1357.21 |
|---|---|
| Tax Book Number | 563/1705 |
| Tax Lot | 4 |
| State | NC |
|---|---|
| County | Avery |
| City | Banner Elk |
| Zip Code | 28604 |
| Area | 8 Banner Elk |
| School District | Avery County |
| Elementary School | Banner Elk |
| High School | Avery County |
| Listing VS Median (in 28604) | |
Price: $775,000 low | high Med: $545,900 sqft: 3,600 low | high Med: 2,040 $ / sqft: $215 low | high Med: $321 On site: 161 low | high Med: 48 | |
| State | NC |
|---|---|
| County | Avery |
| City | Banner Elk |
| Zip Code | 28604 |
| Area | 8 Banner Elk |
| School District | Avery County |
| Elementary School | Banner Elk |
| High School | Avery County |
| Listing VS Median (in 28604) | |
Price: $775,000 low | high Med: $545,900 sqft: 3,600 low | high Med: 2,040 $ / sqft: $215 low | high Med: $321 On site: 161 low | high Med: 48 | |