805 Shawneehaw Avenue, Banner Elk, NC

$8,495,000

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50.92

Acres

About 805 Shawneehaw Avenue

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!

Features of 805 Shawneehaw Avenue

MLS® # 244791
Price $8,495,000
Bathrooms 0.00
Acres 50.92
Year Built 1960
Type Commercial Sale
Sub-Type Building/Land
Status Active

Community Information

Address 805 Shawneehaw Avenue
Area 8-Banner Elk
Subdivision None
City Banner Elk
County Avery
Province NC
Postal Code 28604

Amenities

Parking Parking Space(s)
Garages Parking Space(s)
Is Waterfront No
Has Pool No

Interior

Heating Electric, Heat Pump
Cooling Electric
Fireplace No
Has Basement No

Exterior

Exterior Brick, Wood Frame
Roof Asphalt, Shingle
Construction Brick, Wood Frame

School Information

Elementary Banner Elk
High Avery County

Additional Information

Date Listed September 7th, 2023
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGrandfather Realty

Listing Map

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