2693 Memorial Highway

2693 Memorial Highway

Lake Lure, NC 28746
$1,840,000

  • Lot Size: 2.15 Acres
Description

Exceptional 2.15-acre property across from Lake Lure’s shimmering waters, offering four prime parcels with unparalleled mountain, 54 parking spots and lake views in a rare, high-demand location where commercial properties are scarce! Perfect for investment or development, this gem sits on Memorial Hwy (US 64/74A), steps from Lake Lure’s iconic beach. This 5359 sq ft. restaurant property (not included, separately owned) operates under a triple net lease, generating $144,000 in annual rent through May 1, 2030, with three 5-year extension options starting April 30, 2030. The tenant holds a first right of refusal. Possession delivered at closing, subject to the existing lease. Seize this unique opportunity to own a premier lakeside asset in Lake Lure’s coveted market!

Property Summary
Property Type: Commercial Sale Property Subtype : Food/Beverage
Year Built : 2005 Construction Type : Site Built
Lot Size : 2.15 Acres
Property Features
  • Views
Views
  • Mountain(s)
  • Water
  • Year Round
More Information
  • Roof : Composition
  • Cooling : Ceiling Fan(s), Central Air
  • Water Source : City
  • Road : Publicly Maintained Road

Based on information submitted to the MLS GRID as of 07-22-2025 06:41:04 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By
Weichert Realtors Mountain Executives
Friedrich Jaeger Faber
828-785-0133
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