269 Valley River Avenue, Murphy, NC 28906 (MLS# 100584199)

269 Valley River Avenue, Murphy, NC 28906

$799,000
Property Type: Comm Sale or Lease Square Footage: 2,167 Lot Size (sq. ft.): 14,375 Status: Active
Current Price: $799,000 List Date: 6/25/2026 Last Modified: 6/25/2026

Overview

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, equi ...

Listing Details MLS# 100584199

Contract Info

Delayed Marketing?
No
Marketing Start Date
2026-06-25
Sub-Type
Business
Garage
N/A
Space
No
Sale/Lease
Sale
Listing Price
799000
List Price/SqFt
368.71
Stipulation of Sale
Standard

Location Information

Street #
269
Street Name
Valley River
Street Suffix
Avenue
County
Cherokee
State/Province
NC
Zip Code
28906
City Limits
Yes
Marketing City
Murphy
Subdivision
None

Remarks and Showing

Directions to Property
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.
Sign on Property
No

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
2167

Legal and Taxes

Tax Assessed Value
226520
Total City Real Estate Property Tax
951.38
Deed Book
1765
Deed Page
1377
Legal
FR RP8 LLC 1746/1258 A/17
Broker Owner
No
PID
459211558374000
Tax Identifier
459211558374000
Plat Book
-
Plat Page
-
Total Real Estate Property Taxes
2333.15
Tax Year
2025
Year Built
1976
Zoning
HB
HOA
No
Cobra Zone
No

More Information

Miscellaneous

Current Use
Restaurant

Current Service Providers

Trash Provider
Local Waste
Internet Service Provider(s)
Peachtree

Property Features

Business Type: Food Service; Commercial Attic: Access Only Basement: None Electric: 3 Phase Handicap Accessible: Accessible Approach with Ramp; Accessible Doors; Accessible Entrance Construction: Wood Frame Exterior Finish: Brick; Metal Siding Flooring: Carpet; Tile; Vinyl Foundation: Slab Security Features: Cameras Included; Security System Fuel Tank: Propane Above Ground Fuel Tank Ownership: Leased Parking Features: Lighted; On Site; Parking Lot; Paved; Private Roof: Other; See Remarks Lot Description: Corner Lot; Level; Open Lot Current Use: See Remarks Location: See Remarks Lot Water Features: None Cooling: Central Air; Heat Pump Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Propane Utilities: Fiber Optic; High Speed Internet Sewer: Public Sewer Water Source: Public Terms: Cash; Conventional; SBA
IDX
Listing Office: ReMax Mountain Properties
Last Updated: June - 25 - 2026
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