$925,000
About this home
Investment Opportunity in the Heart of Burnsville! Welcome to 505 E Main Street, Burnsville, NC—a rare chance to own a high-visibility income-producing property right on Burnsville’s thriving Main Street. This versatile property features 7 individual rental units, already generating consistent rental income, making it the perfect turnkey investment. The property consists of: 4 apartments, 1 retail storefront with prime Main Street frontage, 1 studio apartment, 1 main cabin residence With city water and sewer in place, this property is fully connected and ready for continued growth. The location truly says it all—walkable to shops, restaurants, and Burnsville’s historic town square, with excellent exposure for both residential and commercial tenants. Whether you’re looking to expand your portfolio, operate a business while collecting rental income, or reimagine the property for future development, the opportunities here are endless.
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4305597
- Property type
- Retail
- Subdivision
- N/A
- Status
- Active
- Days on market
- 264
- On market date
- October 1, 2025
- Stories
- 1
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →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.
- Enrollment
- 253
- Student:teacher ratio
- 13.3:1
- District
- Yancey County Schools
- Enrollment
- 259
- Student:teacher ratio
- 13.6:1
- District
- Yancey County Schools
- Enrollment
- 635
- Student:teacher ratio
- 13.2:1
- District
- Yancey County Schools
Walkability
Blended score for Burnsville'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). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Burnsville, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 22, 2026.
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.