2693 Memorial HWY new Save Request In-Person Tour Request Virtual Tour
Lake Lure,NC 28746
Key Details
Property Type Commercial
Sub Type Food/Beverage
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4283633
Year Built 2005
Lot Size 2.150 Acres
Acres 2.15
Property Sub-Type Food/Beverage
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!
Location
State NC
County Rutherford
Zoning CG
Rooms
Basement Other
Interior
Cooling Ceiling Fan(s),Central Air
Inclusions Building,Equipment,Fixtures,Land
Exterior
Utilities Available Cable Available,Cable Connected,Underground Power Lines,Underground Utilities
Waterfront Description None
View Mountain(s),Water,Year Round
Roof Type Composition
Street Surface Concrete
Building
Lot Description Views
Dwelling Type Site Built
Foundation Slab
Sewer Public Sewer
Water City
New Construction false
Others
Senior Community false
Restrictions No Representation
Special Listing Condition Subject to Lease