444 Beech Mountain Parkway

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444 Beech Mountain Parkway

Banner Elk, NC 28604
Asking Price
$1.30M
Asset Type
Storefront Retail
Class
Class B

What's Special

Rare live/work opportunity C2 in Banner Elk with a residential Special Use Permit that conveys <p></p><ul><li>​<strong>Rare C‑2 zoning + residential entitlement</strong> enabling multiple commercial and live/work uses.</li><li>​<strong>Turnkey 2015 renovation</strong> minimizing CapEx and improving operational efficiency.</li><li>​<strong>4,400 sq ft of flexible space</strong> supporting multi‑tenant or single‑tenant occupancy.</li><li>​<strong>Prime Beech Mountain Pkwy frontage</strong> with strong year‑round traffic.</li><li>​<strong>Multiple income pathways</strong> for investors or ow

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NOI
$80,000
Cap Rate
6.16%
DSCR
1.04
Tight
Cash-on-Cash
0.74%
Monthly Payment
$6,426.743
Annual Cash Flow
$2,879.081

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