2693 Memorial Highway
Thank You!
You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here
If You Have Any Other Questions, Call Us At 1(888)-247-3466
$1,840,000
Community: Lake Lure in Rutherford County
Thank You!
You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here
If You Have Any Other Questions, Call Us At 1(888)-247-3466
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!
Original Listing Price:
1,840,000
MLS #: 4283633
Listing Status: Active
Days on Market: 44
Buying Firm Commission: Test
Based on information submitted to the MLS GRID as of 2025-09-04 at 2:15AM. 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.
Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.
Some IDX listings have been excluded from this website.
Copyright © 2025. All rights reserved.
Map
close
Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.
Property Features
close
Basement/Foundation: Slab
Water: City
Year Built: 2005
Lot Description: Views
Roof: Composition
Sewer: Public Sewer
Cooling: Ceiling Fan(s),Central Air
Mortgage Calculator
close
Schools
close