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34282276
34282174

69 Locust Street, Spruce Pine, NC 28777-2754 For Sale

KJ
NC 303741
$1,400,000
13 days on market
Updated 13 days ago
Opportunity zone

69 Locust Street

Details
APN 0890-13-02-6599
Property Type Retail, Office (+1)
Sub Type Bar, Creative Office (+1)
Square Footage 4,400
Units 3
Tenancy Multi
Year Built 1945
Buildings 1
Stories 3
Acreage 0.170
Zoning C1
Ground Lease No

Retail | 4,400 SqFt

Marketing description

A Landmark Opportunity in the Heart of Downtown Spruce Pine Positioned as the true gateway between upper and lower downtown, this iconic three-story brick building is the only property that physically connects both levels of Spruce Pine's downtown district. With street-level access from both Oak Avenue and Locust Street, the property enjoys exceptional visibility, accessibility, and foot traffic from multiple directions. Built in 1948 with a durable steel, concrete, and woodframe construction, the building has been thoughtfully improved over the years while preserving the character and charm that make downtown properties so desirable. This one building can home multiple commercial spaces and can offer flexibility for retail, dining, office, event, or mixed-use concepts, creating endless possibilities for investors, entrepreneurs, and visionaries alike. One of the property's most remarkable features is its privately owned green space—an incredibly rare amenity in a downtown setting. Combined with outdoor patios, historic wrought iron details, vintage-inspired street lighting, and gathering areas, the space creates a unique atmosphere that invites community Significant capital improvements include a newer insulated pitched TPO roof, updated electrical and plumbing systems, modern HVAC equipment, on-demand water heaters, tempered storefront glass, fire suppression and monitored alarm systems, water filtration upgrades, and extensive outdoor enhancements. The lower level is exceptionally equipped for food and beverage operations with commercial infrastructure including walk-in cooler systems, grease trap, commercial ventilation, and outdoor dining spaces with natural gas heaters. Whether you're looking to establish a flagship business, create a mixed-use investment property, develop an entertainment venue, or become a steward of one of Spruce Pine's most recognizable downtown landmarks, this property offers a combination of location, functionality, history, and potential that simply cannot be replicated.

Investment highlights

  • Iconic three-story brick building that physically connects upper and lower downtown Spruce Pine
  • Street-level access from both Oak Avenue and Locust Street
  • Exceptional visibility, accessibility, and foot traffic from multiple directions
  • Built in 1948 with durable steel, concrete, and woodframe construction
  • Thoughtfully improved over the years while preserving character and charm
  • Flexibility for retail, dining, office, event, or mixed-use concepts
  • Privately owned green space—an incredibly rare downtown amenity
  • Outdoor patios, historic wrought iron details, vintage-inspired street lighting, and gathering areas
  • Newer insulated pitched TPO roof
  • Updated electrical and plumbing systems
  • Modern HVAC equipment
  • On-demand water heaters
  • Tempered storefront glass
  • Fire suppression and monitored alarm systems
  • Water filtration upgrades
  • Extensive outdoor enhancements
  • Lower level exceptionally equipped for food and beverage operations
  • Commercial infrastructure including walk-in cooler systems, grease trap, commercial ventilation
  • Outdoor dining spaces with natural gas heaters

Listing Contacts

KJ
NC 303741

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Additional Information

Name
Kelly Jones
License
303741
Brokerage Phone
8283851629
Title
Broker of Record
Brokerage Address
35 Fairway Lane, spruce pine, nc 28777
Name
Kelly Jones
License
303741
Brokerage
Proper Realty
Brokerage Phone
8282082183
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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