$719,000

87 & 89 Tennessee St Murphy, NC 28906

Estimated payment $4,053/month

Total Views 4,186
2 Beds
2 Baths
3,600 Sq Ft
$200 Price per Sq Ft

Highlights

  • Solid Surface Countertops
  • Tankless Water Heater
  • Ceiling Fan
  • Walk-In Closet
  • Central Heating and Cooling System
  • Central Vacuum

About This Home

Discover the chance to own one of Western North Carolina's most beloved Delis, situated in the heart of downtown Murphy. This turn-key, well-established lunchtime hotspot is a local favorite and a magnet for tourists, boasting a loyal customer base and a prime location within walking distance of thriving businesses. Fully operational and profitable, this opportunity comes complete with a first-class, loft-style apartment featuring 10-foot ceilings, hardwood flooring, large windows, granite surfaces, custom cabinetry, and a blend of timeless architectural charm and contemporary finishes. The executive apartment offers two bedrooms, two baths, an office/bonus room, and a grand private entrance—perfect for luxurious living or as a lucrative rental for additional income. Don't miss this rare blend of business success and upscale living in vibrant Murphy!

Listing Agent

Bradley Bruce

ReMax Mountain Properties Brokerage Email: 8288373002, ritzandremax@gmail.com License #303970 Listed on: 05/13/2025

ReMax Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,715

Year Built

  • Built in 1921

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned C-3, General Business

Home Design

  • Permanent Foundation
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Log Fireplace
  • Laminate Flooring
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 459210453520000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,715

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.04
  • Lot Size: 0.04
  • Road Surface Type: Paved
  • Directions: From the intersection of Hwy 64 and Hwy's 19/74 proceed West onto Peachtree Street and into downtown Historic Murphy. Take second exit on roundabout onto Tennesee St (straight over) and the building will be on you left
  • Unit Levels: Two
  • Structure Type: Historical
  • Year Built: 1921
  • Attribution Contact: 8288373002, ritzandremax@gmail.com
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Tankless Water Heater, Refrigerator, Range, Washer, Dryer, Ice Maker, Microwave, Oven, Dishwasher
  • Has Basement: Partial
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Walk-In Closet(s), Drywall, Central Vacuum, Solid Surface Counters, Ceiling Fan(s)
  • Living Area: 3600

Exterior Features

  • Lot Features: City Lot, None
  • Construction Type: Frame, Block
  • Foundation Details: Permanent
  • Property Condition: Excellent
  • Roof: Tar/Gravel

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Laundry Features: Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Cherokee

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 459210453520000
  • Zoning Description: General Business
  • Zoning: C-3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,715 $267,240 $0 $0
2023 $1,705 $267,240 $0 $0
2022 $294 $267,240 $0 $0
2021 $0 $267,240 $72,900 $194,340
2020 $1,304 $267,240 $0 $0
2019 $1,477 $269,560 $0 $0
2018 $1,398 $254,440 $0 $0
2017 $1,398 $254,440 $0 $0
2016 $1,398 $254,440 $0 $0
2015 $1,215 $254,440 $36,600 $217,840
2012 -- $142,710 $36,600 $106,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $719,000 -10.1% $200 / Sq Ft
06/11/2025 06/11/25 Price Changed $799,900 -5.8% $222 / Sq Ft
05/13/2025 05/13/25 For Sale $849,000 -- $236 / Sq Ft
Source: Mountain Lakes Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 Mchan Charles W
Warranty Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 Purchase Money Mortgage
Source: Public Records

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Source: Mountain Lakes Board of REALTORS®

MLS Number: 152742

APN: 4592-10-45-3520-000