169 King Street Murphy, NC $ 2,400,000
169 King Street
$ 2,400,000
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169 King Street

Murphy, NC, 28906
$ 2,400,000
Bedrooms-- Baths-- Sq 1,169

Monthly Estimate*

$ 14,973

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Commercial Property for sale in Murphy, NC

for $2,400,000. This 1,169 square foot building was built in 1945 on a lot size of 3.27.

PRIME COMMERCIAL OPPORTUNITY IN MURPHY, NC! Unlock exceptional investment potential with rare commercial property located within the city limits of Murphy, North Carolina! Surrounded by high-traffic neighbors including McDonald's, Subway, a busy gas station, and a brand new car wash connected to the property. This location is a true hotspot.The property includes: Existing Commercial Building- Ideal for turnkey business or office space. Fixer Upper Home- Brimming with potential for rental income or resale. There are two billboards that are leased out on the property to Allison Signs for additional monthly income.Massive Storage Facility- Perfect for storing RVs, boats, or vehicles. Flat, Usable Acreage- A rarity in the Murphy market. City water and sewer are readily available, running the backside of the property. Enjoy unique privacy with TVA and Forest Service land bordering the rear, just steps from the scenic Hiwassee River Additional perks include: Private paved road winding through the property and connecting back to Hiwassee St. Traffic count averaging 18,000-21,000 vehicles per day! unbeatable exposure! Only half a mile from Historic Downtown Murphy, with boutique shops and fine dining. Minutes from the Cherokee Valley River Casino. Whether you're looking to expand a business, develop rental units, or invest in one of Murphy's most promising commercial zones, this is the one you've been waiting for. Opportunities like this don't come around often- Schedule your showing today!!!!

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Commercial Active

Price

$ 2,400,000

Property Type

Commercial

Taxes

$ 2,066

Style

Commercial

Lot Size

3.27

Year Built

1945

Town/City

Murphy

County/Region

Cherokee

MLS | Web ID

10549248

Features
General
Sewer Public Sewer
Heating Other
Cooling None
Utilities Electricity Available High Speed Internet Sewer Available Underground Utilities Water Available
Roof Other
Construction Materials Frame Other
Year Built 1945
Property Subtype Commercial
Tax Year 2022
Business Type Land/Lot Only Other
County NC Counties
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Garage Y/N Y
Other Structures Barn(s) Garage(s) Storage Residence Stable(s) Tractor Shed
Status Active
Directions From the intersection of 74 & Hiwassee Street. Go east on Hiwassee St. and the property is behind the Whistle Express Car Wash.
City Murphy
Senior Community Y/N N
Lot Size Units Acres
Lot Size Square Feet 142441.2
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2066
Home Warranty Y/N N
Property Condition Resale
Structure Type Other
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Flooring Other
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Covered On Street Parking Lot Drive Through
Lot Features Business Park Level
Water Source Public
Total Parking 0
Lot Size Area 3.27
Number of Buildings 3
Spa N
Building Area Total 1169
Lot Size Acres 3.27
Road Surface Type Paved
Frontage Type Borders US/State Park
Lot Size Source Public Records
Waterfront Y/N N
Road Frontage Type Highway State Road
Horse Y/N N
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* Excluded Features
List By
Century 21 Black Bear Realty

Broker

brett.blackbearc21@gmail.com

Email

Affordability Calculator

$15,145
Per Month
99%
1%
0%
Monthly Principal & Interest
$14,973
Monthly Property Taxes
$172
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4136269 Elementary School
4136505 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2025$2,400,000 -4.00% Price Down
6/23/2025$2,500,000 Listed Price

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169 King Street, Murphy, NC, 28906 is a Commercial Property for sale at $2,400,000 with 1,169 sqft and a lot size of 3.27. 169 King Street was built in 1945. The property's zip code is 28906 which is in Murphy, NC