2693 Memorial Highway
$1,840,000 Active

Exceptional 2.15-acre property across from Lake Lure’s shimmering waters, offering four prime parcels with unparalleled mountain, 80 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!

Request More Info:

Basic Information
MLS#: 4283633
Price: $1,840,000
Special Conditions: Subject to Lease
Acreage: 2.15
Details
Listing Courtesy Of: Weichert Realtors Mountain Executives - fredj@mtnexecs.com

Terms of use/DMCA