Premier Cashiers/Sapphire Mixed Use Investment /Value Add Opportunity
Share on Facebook 
Post to X 
Share on LinkedIn 
Share on Reddit Business Description
Rare opportunity to acquire Sapphire Commons, a beautiful newly renovated mixed-use investment property in the heart of Sapphire Valley, one of Western North Carolina‘s most desirable mountain destinations. This approximately 11,600 square-foot property features a strong mix of commercial/residential space, providing immediate cash flow with additional upside potential. Located just off of Highway 64 near Cashiers, Sapphire Commons benefits from excellent visibility, convenient access and year-round tourism. The surrounding area is home to world class golf courses, country clubs, luxury communities, vacation homes, outdoor recreation, beautiful hiking, and waterfalls, and a thriving hospitality market.
Whether you are seeking a stable income producing asset, a value-add investment, or a long-term hold in a highly desirable mountain community, Sapphire Commons represents a unique opportunity with strong current returns and future upside.
Whether you are seeking a stable income producing asset, a value-add investment, or a long-term hold in a highly desirable mountain community, Sapphire Commons represents a unique opportunity with strong current returns and future upside.
About the Business
- Years in Operation
- 4
- Employees
- 1 Contractor
On site Manager who lives on the premises. - Facilities & Assets
- This exceptional investment opportunity features a beautifully renovated (2022) mixed-use commercial and residential property located in one of the most desirable resort destinations in Western NC. Adjacent to prestigious country clubs and golf communities, the property enjoys outstanding visibility, year-round traffic and a premier location in the Cashiers/Sapphire market.
The 11,600 sf building consists of fully renovated commercial and residential space designed to provide both stable cash flow and future upside. The property is anchored by long-term commercial tenants, including an internationally recognized vacation rental company.
The residential component includes 19 fully renovated studio apartments, currently occupied. Thirteen units are under a master lease extending through 2030, providing dependable long-term income and operational stability.
The property offers exceptional parking with approximately 67 dedicated spaces.
Great upside potential. - Website
- https://www.sapphirecommons.com/
- Market Outlook / Competition
- Recent comprehensive renovations completed in 2022 have significantly reduced future capital expenditure requirements, allowing a new owner to focus on maximizing income.
Approximately 2,650 sf of premium commercial space is currently available and is ideally suited for medical, professional office, retail, restaurant, wellness, or specialty service business, providing an immediate value-add opportunity.
The available developable land in this area is scarce due to the terrain, making the additional development opportunities for this property unique and valuable. Opportunities to acquire stabilized mixed-use investment properties of this quality in the highly sought after Cashiers/Sapphire resort market are extremely limited. - Opportunities for Growth
- Situated on 1.8 acres, the site also offers future development and expansion opportunities, making it attractive for investors seeking both immediate cash flow and long-term appreciation. This property is located in Jackson County thereby allowing significant opportunity for additional construction/development.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 11,600
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- N.A.
Listing Info
- ID
- 2528133
- Listing Views
- 14
Business Location
Listing ID: 2528133 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleNorth Carolina Businesses for SaleNorth Carolina Non-Classifiable Establishments Businesses for SaleNorth Carolina Non-Classifiable Establishments Businesses for Sale
