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32908486
32908488

138 East Main Street, Forest City, NC 28043 For Sale

SS
NC 133997
$499,000
56 days on market
Updated 55 days ago

138 East Main Street

Details
APN 416787
Property Type Retail
Sub Type Restaurant, Apartment
Square Footage 3,500
Year Built 1918
Year Renovated 2025
Buildings 1
Stories 2
Acreage 0.040
Zoning C1
Ground Lease No

About This Property for Sale

Marketing description

Discover a rare opportunity to own an office/retail space currently being used as the headquarters for the Forest City Owls, located in the heart of Forest City. Perfectly positioned in Historic Downtown, this unique mixed-use property blends commercial potential with timeless residential charm. The main level features approximately 1,750 square feet of office and retail space currently serving as the team headquarters and retail store. With excellent visibility and a prime downtown location, the possibilities are endless for entrepreneurs, investors, or business owners seeking a vibrant and walkable setting. Above the commercial space, you’ll find a stunning 1,750 square foot apartment filled with vintage character and early 1900s charm. From its warm architectural details to its inviting atmosphere, this residence offers a rare blend of history, comfort, and style right in the center of town. Many renovations and updates have already been completed, including a new roof, HVAC, water heater, electrical and plumbing updates, and a beautiful new deck overlooking the amphitheater. Located in the foothills of the Blue Ridge Mountains, Forest City is known for its rich heritage, entrepreneurial spirit, and welcoming small-town atmosphere. Since 1887, the town has balanced growth and innovation while preserving the people, places, and traditions that make it special. Forest City is centrally located between Charlotte, Asheville, and Greenville, offering convenient access to some of the region’s most popular destinations. Historic Downtown Forest City is lined with modern boutiques, antique shops, and locally loved “mom and pop” restaurants. It's beautifully maintained, tree-lined Main Street showcases the charm and character of a community deeply connected to its history while embracing the future. Whether you envision creating a live/work concept, launching a new business venture, or investing in one of downtown’s most distinctive properties, this is a truly one-of-a-kind opportunity.

Investment highlights

Prime downtown Main Street location with excellent visibility, walkability, and foot traffic in the heart of the business district. The property sits among established restaurants, boutiques, retail shops, and entertainment venues.

Located in a growing and revitalized downtown corridor that continues to attract visitors, local events, and new businesses, helping support long-term commercial demand. Nearby businesses include Copper Penny Grill - Forest City, The Hoot Nannie, Pie Safe Baking Company, and Smith's Drugs of Forest City.

Strong identity and local recognition as the headquarters and retail storefront for Forest City Owls and Owls On Main, creating built-in community awareness and branding value.

Central location between major markets including Charlotte, Asheville, Greenville, and Spartanburg, making Forest City increasingly attractive for small business growth and regional tourism.

Flexible commercial potential suitable for retail, office, entertainment, sports-themed retail, boutique concepts, restaurant conversion, mixed-use redevelopment, or investment income opportunities.

Historic downtown charm that appeals to shoppers and visitors seeking authentic small-town experiences, which can help support retail and tourism-oriented businesses.

Excellent opportunity for owner-users, investors, or redevelopment buyers looking to capitalize on continued downtown revitalization and increasing interest in Rutherford County commercial properties.

Walkable environment with nearby dining, shopping, seasonal festivals, and community events that help drive consistent pedestrian activity throughout the year.

Limited availability of Main Street commercial buildings in downtown Forest City creates long-term scarcity value for well-positioned properties.

Potential upside through adaptive reuse, short-term event activation, retail leasing, office conversion, or mixed-use redevelopment as downtown demand continues to grow.

Listing Contacts

SS
NC 133997

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Additional Information

Name
Sonja Smith
License
133997
Brokerage
Odean Keever & Associates
Brokerage Phone
8287485359
Title
Sonja Smith
Brokerage Address
901 Railroad Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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