Rare live/work opportunity in Banner Elk with a residential Special Use Permit that conveys, allowing full-time residential occupancy within a commercially zoned building. This commercially zoned property (C-2) has a residential Special Use Permit that supports full-time living and commercial use flexibility. Three zones of natural gas central heat, central A/C and town water and sewer provide comfort and convenience for upfitting. The building was fully renovated to the studs in 2015, including major systems, insulation, layout, and finishes. The result is a well-maintained, move-in-ready property with modern updates and excellent functionality. The main level features a 1272sf (2 bedroom/1 bath) owner's apartment with the remaining space to serve as retail, office, medical, spa, coffee bar or pub, just to name a few of the possibilities allowed with C2 zoning. The lower level has its own entrance and can be used as is or upfitted to suit your needs. Located on Beech Mountain Parkway, the property offers convenience to Banner Elk, Beech Mountain Resort, Sugar Mountain, and year-round amenities. Ample parking, easy access, beautiful landscaping, and a low-maintenance layout make it a strong option for buyers seeking flexibility and proximity to the High Country’s most active areas. The surrounding region continues to grow, with new hospitality, restaurant and service development in nearby Sugar and Beech Mountain contributing to steady year-round activity. This property offers a unique opportunity for buyers who want residential living with the added benefit of space that can support home-based business, studio, office, or other permitted uses.