805 Shawneehaw Avenue, Banner Elk, NC 28604

$8,495,000
List Price
$8,495,000
Days on Market
72
Status
PENDING
Type
Commercial
MLS#
244791
County
Avery
City
Banner Elk
Acres
50.92
Year Built
1960

Property Description

Introducing a remarkable investment opportunity: the old Cannon Memorial Hospital including 50.92 prime acres located in Banner Elk, just moments away from Lees-McRae College, the Elk River, the town park, and a host of amenities including hiking/mountain bike trails, shopping, and great restaurants. This expansive tract boasts approval for multifamily (R-2) development, while the front two acres are already zoned for general business (C-2). Offering breathtaking views of the Mill Pond and Elk River, as well as captivating long-range vistas, this property presents an idyllic setting for those seeking privacy without compromising convenience. With multiple building sites, stunning views, endless investment opportunities, and an unbeatable location amidst the heart of Banner Elk, this is an unparalleled chance to create a unique, in-town community. Don't miss out on this extraordinary opportunity!

Additional Information

Exterior Amenities
None
Garage
Parking Space(s)
Heating
Electric, Heat Pump
Road
Paved
Roof
Asphalt, Shingle
Elementary School
Banner Elk
High School
Avery County
Sewer
Public Sewer
Water Source
Public
Zoning
C-2, General Business, R2

Mortgage Calculator

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Calculator source: Real Geeks

This Listing is courtesy of Sean Spradling with Grandfather Realty. (828) 963-2930

The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”