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$499,000
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Property Description
Great opportunity with an Awesome location to acquire and own a performing asset. Property is located in the heart of the Hiwassee Dam Community near Hiwassee Dam School. Property features a full time mechanic and newly opening convenience store.
Full Property Details
Full Property Details for 7521 Hwy 294
General
- Price: $499,000
- Status: Active
- Type: Commercial
- Source: 2253
- MLS ID: 98541735
- Updated: 6/10/2026
- Added to Site: 499 day(s) ago
Rental Information
- Lease/Rent Term: Year to Year
Interior
- Flooring: Concrete
Parking
- Parking Features: Asphalt
Location
- County: Cherokee
- Subdivision: None
- Driving Directions: Hwy 64W to right on Hwy. 294. Property is located within a 1/4 mile of Hiwassee Dam School
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Well
Structural Information
- Structure Type: Steel Frame
- Construction: Block, Steel Frame
- Roof: Insulated, Aluminum
- Square Feet: 3,000
- Current Bldg. Use: Other
- Year Built: 1983
Lot Features
- Lot Size (Acres): 1.38
- Lot Size (Sq. Ft.): 60,113
- Lot Dimensions: 1.38
- Frontage: Highway
- Lot Features: Level
- Zoning: None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $166.33
- Terms: Conventional
Disclosures and Reports
- Property ID: 453300923999000
Listed by McNabb Properties, Inc., Lawrence McNabb
Get Pre-Approved Today
Schools
Schools serving 7521 Hwy 294
School District:Cherokee County Schools
| Name | Grades | Distance |
|---|---|---|
Hiwassee Dam Elementary/Middle 337 Blue Eagle Circle, Murphy, NC 28906 | PK-8 | 0.3 mi |
Hiwassee Dam High 267 Blue Eagle Circle, Murphy, NC 28906 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7521 Hwy 294
Date
Details
Price
Change
Source
2/04/2025
Listed
$499,000
185.14%
MLS
10/10/2008
Sold
$175,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7521 Hwy 294
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,605
5%
$227,710
—
2022
$1,535
20%
$227,710
—
2021
$1,284
8%
$227,710
—
2020
$1,193
116%
$227,710
135%
2019
$553
—
$96,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7521 Hwy 294
7521 Highway 294, Murphy, NC 28906 (MLS# 98541735) is a Commercial property. 7521 Highway 294 is currently listed for $499,000 and was received on February 04, 2025. Want to learn more about 7521 Highway 294? Do you have questions about finding other Commercial real estate for sale in Murphy? You can browse all Murphy real estate or contact a Coldwell Banker agent to request more information.

