261 Oak Avenue Spruce Pine, NC
$ 359,000
Property Attributes
  • ID#3725547
  • TypeCommercial
  • CountyMITCHELL
  • CitySpruce Pine
  • AreaMitchell County
  • Zip28777
  • StyleCommercial
  • Price$ 359,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9679
  • Lot Size11,326 SqFt
Listing Provided Courtesy Of:
RE/MAX Executive
Data Source:
Canopy MLS
Property Description

Have you been advised to take your money out of the stock market and invest in real estate? Are you looking for a cash flow commercial property in the small and charming town of Spruce Pine? Are you an end-user looking for office space to run your business? Here it is! You could be the anchor tenant and supplement income with secondary tenants or rent it all out for a high cap rate and cash flow. An exciting commercial investment. Come join the sweet, small community of Spruce Pine with an expanding community college that is adding salon and cosmetology schooling. Next door to Penland, the art mecca, home of many famous artists. Plenty of growth, opportunity, and potential here to turn the upstairs into a salon, art gallery, or storage unit. Currently no climate-controlled storage unit buildings in Spruce Pine!

Price History
4/15/2021 Listed $359,000

General Features

Car Hoasubjectto None
Construction Type Site Built
Cooling Central Air
Heating Electric
Possible Use Commercial
Property SubType Commercial
Property Type Commercial Sale
Restrictions Deed
Secondary Sub-Type FStan/Ret
Standard Status Active
Structure Type Office
Total Units 5
Zoning Description C-1

Interior Features

Total Baths 5

Exterior Features

Building Area Total 9679
Foundation Details Basement Fully Finished
Lot Size Area 0.26
Number of Buildings 1
Total Parking 10


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 28777

AVG $270K
AVG 31
Year Built
AVG 1967
AVG 28
Data Provided by Walkscore ® not using MLS data

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