2693 Memorial Highway, Lake Lure, NC 28746
- $1,695,015
- Sold Price
- $1,695,015
- List Price
- $1,840,000
- Status
- CLOSED
- MLS#
- 4283633
- Parcel Size
- 2.15
- Year Built
- 2005
- Days on Market
- 177
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!
Additional Information
- County
- Rutherford
- Restrictions
- No Representation
- Acreage Features
- Views
- Sewer/Septic
- Public Sewer
- Cooling
- Ceiling Fan(s), Central Air
- Roof
- Composition
Mortgage Calculator
Listing courtesy of Weichert Realtors Mountain Executives. fredj@mtnexecs.com
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