89 Tennessee Street
Murphy, NC, 28906 $ 709,000
Bedrooms-- Baths-- Sq 3,600 Monthly Estimate*
$ 4,365
for $709,000. This 3,600 square foot building was built in 1921 on a lot size of 0.04.
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.
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FeaturesGeneralHeating Electric
Cooling Central Air
Utilities Cable High Speed
Possession Close Of Escrow At Closing
Roof Other
Zoning C-3 General Business
Construction Materials Brick/Stone
Year Built 1921
Parcel Number 459210453520000
Business Type Professional/Office Retail
County Cherokee
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) N
HOA N
Attached Garage N
Subdivision Name N/A
Garage Y/N N
Status Active
Directions From the intersection of Hwy 64 and Hwy's 19/74 proceed West onto Peachtree Street and into downtown Historic Murphy. Take second exit on roundabout onto Tennesee St (straight over) and the building
City Murphy
Lot Size Units Acres
Lot Size Square Feet 1742.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Virtual Tour http://tour.usamls.net/87-89-Tennessee-Street-Murphy-NC-28906/unbranded
Standard Status Active
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InteriorFlooring Wood Hardwood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
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ExteriorLot Features Level
Water Source Public
Lot Size Area 0.04
Foundation Details Crawl Space
Spa N
Building Area Total 3600
Lot Dimensions 0.04
Lot Size Acres 0.04
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
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* Excluded FeaturesList ByBradley BruceListing Agent
brad@adventurerealtygroupnc.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,365
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Murphy, NC
Average List Price $892,417
Percent of Sale Price 26%
About Murphy, NC 1,814 Population
15% Since 2002
$ 33,474 Median Income
44.94 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/1/2026 | $709,000 | | Listed Price |