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For Sale

$239,000

920 Tsalagi Road
Cherokee, NC 28719

Sqft 3,000 sqft
Pizza Inn franchise opportunity - a 40 year family owned & operated full-service restaurant in Cherokee Village! All inventory, equipment & FF&E conveys in this ~3,000 SF, ~150+ seat restaurant. The initial 20-year tribal lease ($21,740 year + 5% tribal lease tax) is up for renewal 12/31/24; tribal lease contains CPI bumps each 5-yr period (current lease rate ~$26,200); $2000 franchise transfer fee, 4% royalties; 7.5% sales tax is pass-through & EBCI owns land and building. Background check & tribal business approval required; use restricted to restaurant; TERO & all applicable laws apply! Best of all...spectacular waterfront deck seating on the Oconaluftee river + walk to Oconaluftee Island Park, shops, eateries & quick drive to the Casino! Read More

Market Status
Available
Last Updated
May 7, 2021

Property Type
Commercial Property
Year Built
1981

Local Market Conditions

There are currently 131 properties for sale in the Swain County, NC area with the average listing price of $405,394. This represents a decrease of -2.3% over the previous week. The 4 bedroom homes saw the largest decrease in the average listing price over the previous week with a -15.0% decrease. To learn more about the Swain County, NC area, contact a local expert!

Market Snapshot for Swain County, NC

Avg. Listing Price

$405,394

Wk ending May 8

$-9,588

-2.3%

w-o-w

131

29

21

2

1

Average Listing Price for Swain County, NC
No. BedroomsNo. Beds Week Ending
(May 8)
w-o-w Week Ending
(May 1)
Week Ending
(Apr 24)
Week Ending
(Apr 17)
All PropertiesAll $405,394 -2.3% $414,982 $391,076 $410,443
1 bedroom1 BR $162,713 +9.9% $148,056 $148,056 $142,267
2 bedrooms2 BR $266,127 -3.3% $275,315 $245,065 $240,025
3 bedrooms3 BR $500,359 +3.0% $485,936 $452,920 $477,630
4 bedrooms4 BR $653,513 -15.0% $769,138 $769,138 $816,541

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This $239,000 Commercial Property at 920 Tsalagi Road in Cherokee, NC is presented by Mark Morris and has been on the market for 242 days. This $239,000 Commercial Property is located in the 28719 zip code. This 920 Tsalagi Road Commercial Property, located in Swain County , is listed under MLS listing number 3660976 and has a listing price of $239,000. You can find more Cherokee homes for sale here.

Data Provided by Canopy MLS


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