269 Valley River Avenue Murphy, NC $ 799,000
269 Valley River Avenue
$ 799,000
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269 Valley River Avenue

Murphy, NC, 28906
$ 799,000
Bedrooms-- Baths-- Sq 2,167

Monthly Estimate*

$ 5,045

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Commercial Property for sale in Murphy, NC

for $799,000. This 2,167 square foot building was built in 1976 on a lot size of 0.33.

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, equipment, furnishings, and inventory convey per terms of sale.

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Commercial Active

Price

$ 799,000

Property Type

Commercial

Taxes

$ 2,333

Style

Business

Lot Size

0.33

Year Built

1976

Town/City

Murphy

County/Region

Cherokee

MLS | Web ID

100584199

Features
General
Heating Heat Pump Electric
Cooling Central Air Heat Pump
Utilities Fiber Optic High Speed Internet
Possession Close Of Escrow At Closing
Roof See Remarks Other
Zoning HB
Construction Materials Metal Siding Brick Wood Frame
Year Built 1976
Property Subtype Business
Tax Year 2025
Current Use See Remarks Restaurant
Taxes 2333.15
Location See Remarks
Parcel Number 459211558374000
Business Type Commercial Food Service
Waterfront Features None
County Cherokee
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Directions 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.
City Murphy
Number Of Units Total 0
Lot Size Units Acres
Lot Size Square Feet 14375.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Structure Type Wood Frame
Standard Status Active
Tax Assessed Value 226520
Legal Description FR RP8 LLC 1746/1258 A/17
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Interior
Basement None
Flooring Carpet Tile Vinyl
Water Heater Propane
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Attic Features Access Only
Total Baths 0
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Exterior
Exterior Finish Brick Metal Siding
Parking Features Private Parking Lot Lighted On Site Paved
Lot Features Open Lot Level See Remarks Corner Lot
Water Source Public
Lot Size Area 0.33
Foundation Details Slab
Spa N
Building Area Total 2167.0
Lot Dimensions 0.33 acres
Lot Size Acres 0.33
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 269
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* Excluded Features
List By
David Ritz

Listing Agent

Remax Mountain Properties

Broker

RitzandRemax@gmail.com

Email

Affordability Calculator

$5,239
Per Month
96%
4%
0%
Monthly Principal & Interest
$5,045
Monthly Property Taxes
$194
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2026$799,000 Listed Price

Map


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269 Valley River Avenue, Murphy, NC, 28906 is a Commercial Property for sale at $799,000 with 2,167 sqft and a lot size of 0.33. 269 Valley River Avenue was built in 1976. The property's zip code is 28906 which is in Murphy, NC