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Listed by Old Town Team Old Town Brokers
$995,000
Est. payment /mo
14,400 SqFt
Price Dropped by $155K
89 Sycamore Street Murphy, NC 28906
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 14,400 sqft
Price per Sqft $69
MLS Listing ID 154298
HOA Y/N No
Year Built 2007
Lot Size 1.530 Acres
Lot Dimensions 1.52
Property Sub-Type Commercial
Property Description
Prominent Commercial Office & Industrial Facility. A highly visible and versatile commercial property totaling approximately 14,396 square feet under roof, historically home to the Cherokee Scout Newspaper for decades. Strategically located within the Town of Murphy, the property enjoys excellent mountain and Hiawassee River views, strong access to major corridors, and proximity to regional employers and infrastructure. The offer consists of two complementary buildings situated on approximately 1.53 acres with ample on-site parking and HB zoning, allowing for a wide range of commercial and redevelopment uses. The 5,768 SF two-story office building, constructed in 2007, is a Class B/C modular metal structure in good condition. The building features multiple private offices, conference rooms, reception and break areas, and clear span accessible layout, modern mechanical systems, and flexible floor plans that allow for single-tenant or multi-tenant reconfiguration. The 8,628 SF industrial building is a single-story prefabricated metal structure with a brick front office, part constructed in the mid-1960s and expanded over the years. Formerly used as a newspaper printing facility, it offers an open-span warehouse - manufacturing layout, dock-high rear loading, multi-height ceilings, 8" slab and substantial utility infrastructure. A functional shell well suited for repositioning and presents strong value-add or redevelopment potential. The property is served by municipal utilities, existing infrastructure, and favorable logistics access, making it suitable for a variety of highest-and-best-use scenarios, including Office with flex or light industrial conversion, Media, technology, or creative studio space, Distribution, storage, or light manufacturing, regional operations or call center, Mixed-commercial redevelopment or adaptive reuse. This represents a rare opportunity to acquire a landmark commercial property in Cherokee County with excellent visibility
Location
State NC
County Cherokee
Area Murphy
Interior
Interior Features Carpeting Included, Restroom-Private, Storage
Heating Central, Electric
Cooling Central Air, Electric, Zoned
Flooring Carpet, Concrete
Exterior
Exterior Feature Lighting, Loading Dock
Parking Features 21 or More Spaces
View Y/N No
Roof Type Metal
Building
Lot Description City Lot
Foundation Slab
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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