1. North Carolina
  2. Lake Lure
  3. 2693 Memorial Highway
$1,840,000

2693 Memorial Highway, Lake Lure, NC 28746

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2005
  • Property Lot Size Icon2.15acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Exceptional 2.15-acre property across from Lake Lure’s shimmering waters, offering four prime parcels with unparalleled mountain, 54 parking spots and lake views in a rare, high-demand location where commercial properties are scarce! Perfect for investment or development, this gem sits on Memorial Hwy (US 64/74A), steps from Lake Lure’s iconic beach. This 5359 sq ft. restaurant property (not included, separately owned) operates under a triple net lease, generating $144,000 in annual rent through May 1, 2030, with three 5-year extension options starting April 30, 2030. The tenant holds a first right of refusal. Possession delivered at closing, subject to the existing lease. Seize this unique opportunity to own a premier lakeside asset in Lake Lure’s coveted market!

Listing Status:
Active
Listing Office:
Weichert Realtors Mountain Executives : 828-697-1530
MLS ID:
4283633
  • Basement: Other
  • A/C: Ceiling Fan(s)Central Air

This listing courtesy of Weichert Realtors Mountain Executives

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pinnacle Elementary School

1204 Painters Gap Rd, Rutherfordton, NC, 28139

Grades PK-5

12.65 miles away

R

R-S Middle School

545 Charlotte Rd, Rutherfordton, NC, 28139

Grades 6-8

16.57 miles away

R

R-S Central High School

641 Hwy 221 North, Rutherfordton, NC, 28139

Grades 9-12

14.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.