Lake Toxaway · Lake Toxaway, NC
10932 Rosman Highway
Lake Toxaway, NC · 2,992 sqft
$639,000
Reduced from $679,000
- 1Beds
- 1Baths
- 2,992SqFt
- 2004Year
- 33Days on market
About this home
One of Lake Toxaway's best retail attractions, The Outpost, is available for purchase. Seller is open to considering partial seller financing for qualified buyers which may be available upon payoff of existing obligations or through a mutually agreed upon structure. This high-margin, multi-category retail concept is located in a premium tourist market with strong growth potential. Simple operation with staffing already in place makes it easy for an owner-operator or semi-absentee owner to step in and thrive. Capitalize on the established relationships with 40+ vendors and existing, loyal customer base with a strong product mix focused on high-margin, repeat-consumption categories including alcohol, ice cream, and gem mining. Current liquor license is in place; will need to be formally obtained by new owner, but all requirements and setup are already established. This is a cash-flowing business paired with appreciating real estate offering both income and long-term equity upside. There is very low inventory risk due to vendor-supported product supply with the opportunity to expand inventory and margins if desired. There are also clear and immediate opportunities to increase revenue, including adding ice, firewood, propane, outdoor gear, grab-and-go food, and branded merchandise tailored to the local tourism demand in a high visibility location with consistent traffic from both tourists and local residents. The Toxaway Outpost has strong recent growth, with gross sales up 48.9% over the last 6 months compared to the same period last year. Don't delay, inquire today and make this your next business venture or with proper county permitting and approvals, convert this into the perfect 2nd home or mountain retreat.
Property details
- Beds
- 1
- Baths
- 1
- SqFt
- 2,992
- Lot
- —
- Year built
- 2004
- Type
- Single Family
- Days on market
- 33
- Style
- Cabin
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$4,703/ month
- Principal & interest
- $3,957
- Property tax (~1.05%)
- $559
- Homeowners insurance
- $186
- HOA dues
- —
Down payment
$31,950 down · $607,050 financed
Income to qualify (28% rule)
~$201,558 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.