INNOVATE Real Estate
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 2 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 3 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 4 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 5 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 6 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 7 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 8 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 9 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 10 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 11 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 12 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 13 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 14 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 15 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 16 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 17 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 18 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 19 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 20 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 21 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 22 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 23 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 24 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 25 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 26 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 27 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 28 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 29 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 30 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 31 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 32 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 33 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 34 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 35 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 36 of 37
Commercial Sale at 89 Tennessee Street, Murphy, NC 28906, photo 37 of 37
37 photos

$709,000

89 Tennessee Street, Murphy, NC 28906
Murphy, NC 28906
Listed by Bradley Bruce · Nantahala Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1921

About this home

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.

Property details

MLS
Hive MLS
MLS #
98543952
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
March 24, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.04 acres

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Murphy Elementary
0.29 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
422
Student:teacher ratio
11.1:1
District
Cherokee County Schools
Middle
Murphy Middle
1.41 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
306
Student:teacher ratio
15.3:1
District
Cherokee County Schools
High
Murphy High
1.34 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
442
Student:teacher ratio
12.6:1
District
Cherokee County Schools

Walkability

Blended score for Murphy's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

48
Somewhat walkable
out of 100
EPA National Walkability Index
9.7 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Murphy, from live MLS data.

On the market 0 days -- 176 fewer days than Murphy's current average of 176 days.
For reference, the median list price across 587 active listings in Murphy right now is $245,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$4,420/mo
$141,800 down
$567,200 loan
Principal & interest$3,679
Property tax (est.)$591
Home insurance (est.)$150

Similar homes you might like

478 South Bobs Creek Road
New
$825,000
478 South Bobs Creek Road
Zirconia, 28790
0 days on market
Listed by Laura Flores, NextHome WNC Realty
No photo
New
$650,000
250 Cannon Boulevard
Kannapolis, 28083
0 days on market
Listed by Kelly Robinson, Lantern Realty & Development, LLC
140 N Englewood Drive, Rocky Mount, NC 27804
$675,000
140 N Englewood Drive, Rocky Mount, NC 27804
Rocky Mount, 27804
30 days on market
Listed by ARVELLE MOORE, MOORE REAL ESTATE MKTG INC
109 Boone Trail, North Wilkesboro NC 28659
New
$799,000
109 Boone Trail, North Wilkesboro NC 28659
North Wilkesboro, 28659
0 sqft
1 day on market
Listed by Lori Call
1163 Glenn Bridge Road SE
New
$850,000
1163 Glenn Bridge Road SE
Arden, 28704
0 days on market
Listed by James Wilson, Pulliam Properties, Inc
3804 Bridges Street, Morehead City, NC 28557
$619,000
3804 Bridges Street, Morehead City, NC 28557
Morehead City, 28557
2 days on market
Listed by Jackson Howard Lupton, Putnam Real Estate
152 Tate Street
New
$595,000
152 Tate Street
Waynesville, 28786
0 days on market
Listed by Matthew Wells, Keller Williams Great Smokies
13780 S 226 Highway
New
$800,000
13780 S 226 Highway
Spruce Pine, 28777
0 days on market
Listed by Jake Mossman, Keller Williams Professionals

Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.