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3385 US Highway 321 S
Blowing Rock, NC 28605
Office Property For Sale


Investment Highlights
- AADT of 18,000+
- Back Apartment
- New River frontage
- Multiple Bedrooms
- Ample Storage
- Multiple power meters
Executive Summary
Exceptional opportunity to acquire a flexible mixed-use property with prominent exposure along US Highway 321 between Boone and Blowing Rock, North Carolina.?
The approximately 3,033± SF building offers an existing combination of commercial/retail and residential space.? Approximately 1,837 SF on the first floor and 1,196 SF on the second floor.?
The main level includes open commercial/retail space, office/storage areas, kitchen, bathrooms and residential accommodations.? The upper level provides additional residential living space with bedrooms, kitchen, living area and baths.?
The property's existing mixed-use configuration provides flexibility for an owner-user, investor, retail or professional office user, boutique hotel concept, possible student housing, live/work arrangement, residential rental strategy or other mixed-use/income-producing configuration, subject to zoning, septic capacity, occupancy requirements and applicable governmental approvals.?
The property benefits from substantial highway exposure.? Available NCDOT traffic information indicates approximately 18,000+ vehicles per day along the US Highway 321 corridor in the vicinity of the property.?
Property improvements and features include an approximately 8-year-old 55-year metal roof, replacement windows, commercial vapor barrier, approximately $30,000 commercial basement dehumidification system, wood flooring and wall finishes, propane heat, electric baseboard heat, window A/C units and five separate electrical meters.? The property is served by a well and private septic system.?
The property's multiple bedrooms, kitchens, baths and living areas provide an existing layout that may lend itself to a variety of potential repositioning strategies.? Potential uses could include commercial + residential, boutique lodging, possible student housing, professional office, specialty retail, live/work or other investment configurations, subject to governmental approval.?
The strategic location along the Boone–Blowing Rock corridor combined with the property's existing mixed-use layout creates an unusual opportunity for a purchaser seeking commercial visibility together with residential, lodging or other income-producing potential in the High Country.?
The approximately 3,033± SF building offers an existing combination of commercial/retail and residential space.? Approximately 1,837 SF on the first floor and 1,196 SF on the second floor.?
The main level includes open commercial/retail space, office/storage areas, kitchen, bathrooms and residential accommodations.? The upper level provides additional residential living space with bedrooms, kitchen, living area and baths.?
The property's existing mixed-use configuration provides flexibility for an owner-user, investor, retail or professional office user, boutique hotel concept, possible student housing, live/work arrangement, residential rental strategy or other mixed-use/income-producing configuration, subject to zoning, septic capacity, occupancy requirements and applicable governmental approvals.?
The property benefits from substantial highway exposure.? Available NCDOT traffic information indicates approximately 18,000+ vehicles per day along the US Highway 321 corridor in the vicinity of the property.?
Property improvements and features include an approximately 8-year-old 55-year metal roof, replacement windows, commercial vapor barrier, approximately $30,000 commercial basement dehumidification system, wood flooring and wall finishes, propane heat, electric baseboard heat, window A/C units and five separate electrical meters.? The property is served by a well and private septic system.?
The property's multiple bedrooms, kitchens, baths and living areas provide an existing layout that may lend itself to a variety of potential repositioning strategies.? Potential uses could include commercial + residential, boutique lodging, possible student housing, professional office, specialty retail, live/work or other investment configurations, subject to governmental approval.?
The strategic location along the Boone–Blowing Rock corridor combined with the property's existing mixed-use layout creates an unusual opportunity for a purchaser seeking commercial visibility together with residential, lodging or other income-producing potential in the High Country.?
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
3,110 SF
Building Class
C
Year Built/Renovated
1950/2021
Price
$1,138,888 CAD
Price Per SF
$366.20 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,555 SF
Building FAR
0.14
Lot Size
0.50 AC
Zoning
None - No zoning in Watauga County.
Property Taxes
| Parcel Number | 2819-85-4370-000 | Improvements Assessment | $278,745 CAD |
| Land Assessment | $82,690 CAD | Total Assessment | $361,435 CAD |
Property Taxes
Parcel Number
2819-85-4370-000
Land Assessment
$82,690 CAD
Improvements Assessment
$278,745 CAD
Total Assessment
$361,435 CAD
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