488 Main St E Banner Elk, NC 28604

LOOK AT THIS. AMAZING PRICE REDUCTION !! PRICE LOWERED TO ABOUT 1/2 OF ORIGINAL LISTING PRICE. PRICE IS NOW $650,000 FOR A 17,300 SF STRIP CENTER ON A NICE 1.28 ACRE CORNER LOT, AT THE INTERSECTION OF MAIN STREET AND BEECH MOUNTAN PARKWAY IN BANNER ELK! BUY WITH $200K DOWN, AND THE OWNER WILL FINANCE THE BALANCE !!! The center is mostly rented and is owned by a prominent local contractor, who is now 80, who has maintained the center very well. The owner's wife wants to retire to their Florida home and has told him to SELL! The long-term tenants include Zuzda's famous restaurant. The center is adjacent to Lees McRae College and of course in the middle of ski resorts, luxury gated communities and tons of attractions, colleges and universities, and it is VERY WELL LOCATED! TERMS ARE: Price $650,000/firm (lower than many houses adjacent to it) w/$200,000 down. Owner plans to issue a note for the balance of $450,000 with 15 year amortization, balloon in 5 years, @6% int. This is the best commercial offering in the entire High Country. I would advise you/yours to act quickly.