Banner Elk NC Commercial for Sale

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Type:
Other
Sq.Ft.:
760
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1987
Baths:
MLS#:
251191

ADDITIONAL INFORMATION

$10,000. PRICE REDUCTION!! THIS RUSTIC MOUNTAIN STYLE COMMERCIAL PROPERTY HAS STATE HIWAY 194 FRONTAGE WITH A ZONING CLASSIFICATION OF C1-P JUST A QUARTER MILE FROM THE STOPLIGHT IN BANNER ELK! GOOD VISIBILITY WITH OFF STREET PARKING AND WITH A CONDITIONAL USE PERMIT FROM THE TOWN FOR PARTIAL RESIDENTIAL USE PERMITTED! RECENT KITCHEN AND BATH REMODEL INCLUDING NEW APPLIANCES AND A NEW MINI-SPLIT HEATING/AIR CONDITIONING SYSTEM! LOTS OF COVERED STORAGE WITH MORE PARKING IN THE REAR OF THE BUILDING! THIS PROPERTY IS A VERY AFFORDABLE WAY TO ACQUIRE A COMMERCIAL LOCATION IN SOUGHT AFTER BANNER ELK! CHECK IT OUT!!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.5 Acres
Year built:
1963
Baths:
MLS#:
250799

ADDITIONAL INFORMATION

Over 170 feet of road frontage on Highway 105 and on 1.5 acres! Discover the charm and potential of this cabin located DIRECTLY on NC Highway 105. Offering great seasonal views of the iconic Grandfather Mountain, this property is an exceptional opportunity for those seeking a potential small business location or a fixer-upper project. This cabin offers a blank canvas for those with a vision to create their dream! Please note, this is not a turn-key property. The seller makes no representation regarding the condition of the house, roof, foundation, or any other aspect of the building. Per tax records, the cabin is 1052 square feet, THOUGH IT CURRENTLY HAS NO HEATED LIVING SPACE, relying solely on an old woodstove for heating. The water supply comes from a shared well on an adjacent property, though there is no recorded shared well agreement. Additionally, the property includes a handmade log shed in the backyard.

Type:
Other
Sq.Ft.:
97,680
Status:
Active
Beds:
n/a
Lot size:
50.92 Acres
Year built:
1960
Baths:
MLS#:
244791

ADDITIONAL INFORMATION

Introducing a remarkable investment opportunity: the old Cannon Memorial Hospital including 50.92 prime acres located in Banner Elk, just moments away from Lees-McRae College, the Elk River, the town park, and a host of amenities including hiking/mountain bike trails, shopping, and great restaurants. This expansive tract boasts approval for multifamily (R-2) development, while the front two acres are already zoned for general business (C-2). Offering breathtaking views of the Mill Pond and Elk River, as well as captivating long-range vistas, this property presents an idyllic setting for those seeking privacy without compromising convenience. With multiple building sites, stunning views, endless investment opportunities, and an unbeatable location amidst the heart of Banner Elk, this is an unparalleled chance to create a unique, in-town community. Don't miss out on this extraordinary opportunity!

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Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 7506


The data relating to real estate for sale on this web site comes in part from the IDX Program of the High Country Association of REALTORS®. The data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



Banner Elk Real Estate

The median home value in Banner Elk, NC is $750,000. This is higher than the county median home value of $275,800. The national median home value is $338,100. The average price of homes sold in Banner Elk, NC is $750,000. Approximately 29.18% of Banner Elk homes are owned, compared to 14.73% rented, while 56.09% are vacant. Banner Elk real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Banner Elk real estate agent to arrange a tour today!

Banner Elk, North Carolina has a population of 1,350. Banner Elk is less family-centric than the surrounding county with 10.75% of the households containing married families with children. The county average for households married with children is 23.97%.

The median household income in Banner Elk, North Carolina is $58,333. The median household income for the surrounding county is $46,383 compared to the national median of $69,021. The median age of people living in Banner Elk is 21.5 years.

Banner Elk Weather

The average high temperature in July is 74.5 degrees, with an average low temperature in January of 19.7 degrees. The average rainfall is approximately 55 inches per year, with 41.5 inches of snow per year.

Banner Elk Real Estate Market Conditions

  • Median sales price

    $750,000
    24% change since last quarter
  • # Active listings

    379
    30-day change

Banner Elk Schools and Demographics

Education near Banner Elk, NC

Metric City County
High School Graduates 99.59 86.11
College Degree - 2 year 8.26 9.28
College Degree - 4 year 52.89 23.88
Graduate Degree 20.46 6.39
Expenditures per Student 17,798 17,798
Students per Teacher 12.2 12.2

Elementary Schools near Banner Elk, NC

School Grades Students P/T Ratio ZIP
Banner Elk Elementary School PK - 05 173 12.8 28604
Bethel Elementary School KG - 08 172 10.5 28679
Blowing Rock Elementary School KG - 08 338 11.8 28605
Cove Creek Elementary School KG - 08 287 10.9 28692
Freedom Trail Elementary School PK - 05 228 13.4 28622
Valle Crucis Elementary School PK - 08 356 12.7 28679

Middle Schools near Banner Elk, NC

School Grades Students P/T Ratio ZIP
Cranberry Middle School 06 - 08 216 13.4 28622

Ungraded Schools near Banner Elk, NC

School Grades Students P/T Ratio ZIP
Grandfather Academy 01 - 12 23 3.7 28604

Demographics near Banner Elk, NC

Metric City County
Neighborhood Type Small Town
Population 1,350 17,747
Population Density 706 72
Median Age 21.5 45.5
People per Household 1.8 2.3
Median Household Income 58,333 46,383
Average Income per Capita 33,233 25,647