Foreclosure

$709,000

89 Tennessee Street, Murphy, NC 28906

2beds

3,600sqft

Townhouse

Built in 1921

1,742 Square Feet Lot

$-- Zestimate^®

$197/sqft

$-- HOA

What's special

First-class loft-style apartmentGrand private entranceHardwood flooringTwo bathsLarge windowsTwo bedroomsGranite surfaces

Discover the chance to own one of Western North Carolina's most beloved Delis, situated in the heart of downtown Murphy. This turn-key, well-established lunchtime hotspot is a local favorite and a magnet for tourists, boasting a loyal customer base and a prime location within walking distance of thriving businesses. Fully operational and profitable, this opportunity comes complete with a first-class, loft-style apartment featuring 10-foot ceilings, hardwood flooring, large windows, granite surfaces, custom cabinetry, and a blend of timeless architectural charm and contemporary finishes. The executive apartment offers two bedrooms, two baths, an office/bonus room, and a grand private entrance--perfect for luxurious living or as a lucrative rental for additional income. Don't miss this rare blend of business success and upscale living in vibrant Murphy!

488 days
275
21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Master Bedroom, Bedroom 2, Living Room, Dining Room, Den, Bathroom 1, Bathroom 2

Primary bedroom

Level: Second

Bedroom 2

Level: Second

Dining room

Level: Second

Kitchen

Level: Second

Living room

Level: Second

Heating

Propane, Heat Pump, Fireplace(s)

Cooling

Central Air, Ceiling Fan(s), Heat Pump

Appliances

Included: Built-In Microwave, Freezer, Washer, Refrigerator, Range, Ice Maker, Dryer, Dishwasher, Tankless Water Heater
Laundry: Dryer Hookup, Washer Hookup

Features

Central Vacuum, Walk-in Closet(s), Solid Surface, Ceiling Fan(s), Basement, Walk-In Closet(s)
Flooring: LVT/LVP, Laminate, Tile
Windows: Storm Window(s)
Basement: Crawl Space,Partial
Attic: Access Only
Has fireplace: Yes

Interior area

Total structure area: 3,600
Total interior livable area: 3,600 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: On Street, No Garage
Has uncovered spaces: Yes

Accessibility

Accessibility features: Accessible Stairway

Features

Levels: Two
Patio & porch: None
Exterior features: None
Pool features: None
Fencing: Chain Link
Has view: Yes
View description: See Remarks
Waterfront features: None
Frontage type: See Remarks

Lot

Size: 1,742 Square Feet
Dimensions: 0.04
Features: Other

Details

Parcel number: 459210453520000
On leased land: Yes
Zoning: GB
Special conditions: Real Estate Owned

Construction

Type & style

Home type: Townhouse
Architectural style: Historic Home
Property subtype: Townhouse

Materials

Block, Brick Veneer
Foundation: Permanent
Roof: Tar/Gravel

Condition

New construction: No
Year built: 1921

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Water Connected

Green energy

Green verification: None

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: None

HOA

Has HOA: No

Location

Region: Murphy

Financial & listing details

Price per square foot: $197/sqft
Tax assessed value: $267,240
Annual tax amount: $1,715
Date on market: 5/13/2025
Cumulative days on market: 489 days
Listing agreement: Exclusive Agency
Listing terms: Commercial,Cash,Conventional
Road surface type: Paved

Foreclosure details

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/9/2025	Price change	$709,000-1.4%$197/sqft
Source: Mountain Lakes BOR #152742 Report a problem
8/12/2025	Price change	$719,000-10.1%$200/sqft
Source: Mountain Lakes BOR #152742 Report a problem
6/11/2025	Price change	$799,900-5.8%$222/sqft
Source: Mountain Lakes BOR #152742 Report a problem
5/13/2025	Listed for sale	$849,000+69.8%$236/sqft
Source: Mountain Lakes BOR #152742 Report a problem
5/16/2022	Sold	$500,000+43.3%$139/sqft
Source: Public Record Report a problem
10/1/2016	Listing removed	$349,000$97/sqft
Source: EXIT REALTY MVP #123598 Report a problem
4/1/2016	Listed for sale	$349,000+83.7%$97/sqft
Source: EXIT REALTY MVP #123598 Report a problem
7/5/2005	Sold	$190,000$53/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$267,240
2024	$1,715 +0.6%	$267,240
2023	$1,705	$267,240
2022	$1,705 +20.8%	$267,240
2021	$1,411 +8.2%	$267,240
2020	$1,304 -11.7%	$267,240 -0.9%
2019	$1,477	$269,560 +5.9%
2018	$1,477 +5.6%	$254,440
2017	$1,398	$254,440
2016	$1,398	$254,440
2015	$1,398	$254,440 +42.4%
2010	--	$178,710