1840 Memorial Highway Lake Lure, NC $ 589,000
1840 Memorial Highway
$ 589,000
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1840 Memorial Highway

Lake Lure, NC, 28746
$ 589,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,068

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Commercial Property for sale in Lake Lure, NC

for $589,000. This building was built in 1950 on a lot size of 0.47.

Versatile Commercial Property with Income Potential — Being Sold As-Is Endless possibilities await with this spacious and adaptable commercial property offering tons of storage and a flexible layout ideal for a wide range of business uses. Previously operated as both a restaurant and a real estate office, the building is well suited for medical or professional offices, hair salon, massage or wellness studio, retail space, paint-your-own pottery, daycare, laundry service, gift shop, rental investment, and more. The two-level retail building features 5+ private offices, a conference room, two half baths, two large storage closets, and inviting covered decking—perfect for client meetings, employee breaks, or creative use of outdoor space. Adding exceptional value, the rear apartment provides built-in income or on-site living with two bedrooms, one full bath, a full eat-in kitchen, living room, and private separation from the commercial space. Conveniently located just 1.7 miles from the beach at Lake Lure and 2.1 miles from Ingles Grocery Store, this property offers strong visibility and accessibility while remaining close to local amenities. Large, versatile, and full of potential—come take a look and imagine the possibilities!

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Commercial Active

Price

$ 589,000

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.47

Year Built

1950

Town/City

Lake Lure

County/Region

Rutherford

MLS | Web ID

4344053

Features
General
Sewer Public Sewer
Heating Electric Heat Pump
Cooling Ceiling Fan(s) Electric Heat Pump
Utilities Electricity Connected
Roof Composition
Appliances Dryer Electric Oven Electric Range Electric Water Heater Microwave Refrigerator Washer Washer/Dryer
Patio/Porch Features Covered Deck Front Porch Side Porch
Construction Materials Vinyl Other - See Remarks
Year Built 1950
Stories Count 2
Property Subtype Business
Parcel Number 1645032
County Rutherford
New Construction N
Property Type Commercial Sale
HOA N
Directions Directions: From the beach at Lake Lure travel East on HWY 64/74 Alternate toward Rutherfordton. Go 1.7 miles and the property is on your left just after Fisher Court.
City Lake Lure
Senior Community Y/N N
Number Of Units Total 2
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Additional Parcels Y/N N
Lease Considered Y/N N
Standard Status Active
Construction Type Site Built
Restrictions N/A
Tax Assessed Value 374900
Listing Terms Cash Conventional
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Interior
Basement Daylight Exterior Entry Finished Interior Entry Storage Space Walk-Out Access Walk-Up Access
Flooring Carpet Vinyl
Basement (Y/N) Y
Below Grade Finished Area 0
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Exterior
Parking Features Driveway Parking Lot
Lot Features Cleared Corner Lot Paved Sloped Wooded
Water Source City
Inclusions Building Fixtures Land
Lot Size Area 0.47
Foundation Details Basement
Number of Buildings 1
Road Surface Type Paved
Road Frontage Type State Road
Road Responsibility Publicly Maintained Road
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Internal Only
Street Number 1 1840
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* Excluded Features
List By
Coldwell Banker Advantage

Broker

Affordability Calculator

$4,068
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,068
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2026$589,000 Listed Price

Map


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1840 Memorial Highway, Lake Lure, NC, 28746 is a Commercial Property for sale at $589,000 with a lot size of 0.47. 1840 Memorial Highway was built in 1950. The property's zip code is 28746 which is in Lake Lure, NC