2693 Memorial Highway, Lake Lure, NC 28746
- $1,695,015
Listing courtesy of Weichert Realtors Mountain Executives. fredj@mtnexecs.com
Sold listing courtesy of Canopy Administration
- Sold Price
- $1,695,015
- List Price
- $1,840,000
- MLS#
- 4283633
- Status
- CLOSED
- Days on Market
- 177
- Property Type
- Commercial Sale
- Distressed Property
- Yes
- Year Built
- 2005
- Closing Date
- Jan 14, 2026
- Lot Size
- 93,654
- Lot Size Area
- 2.15
- County
- Rutherford
- Special Conditions
- Subject to Lease
- Waterfront Features
- None
Property Description
Exceptional 2.15-acre property across from Lake Lure’s shimmering waters, offering four prime parcels with unparalleled mountain, 80 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!
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Additional Information
- Foundation
- Slab
- Water
- City
- Sewer
- Public Sewer
- Roof
- Composition
- Driveway
- Concrete
- Lot Description
- Views
- Zoning
- CG
Mortgage Calculator
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