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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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670 Oak Ave , Spruce Pine, NC 28777
$1,275,000
Est. Payment: $6,570.34/mo
0 Bed
3 Bath
0 Sqft
Status: active | Days on site: 43
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

75 Years of History Available for the First time in Decades! The Iconic Citi Drive-In/670 on Oak Tavern and Grille: A Rare Legacy Opportunity Own a Piece of History—While You Make Your Own. For the first time in decades, the legendary City Drive-In/670 on Oak Tavern and Grille is available for acquisition. A cornerstone of the community for over 75 years, this is a rare, turn-key, and highly profitable enterprise. This offering is a comprehensive package, including the prime real estate and over $230,000 in tangible assets. Asset list is attached. Location & Real Estate: -Situated in a high-visibility corridor with a steady traffic count of 4,800 vehicles daily, this property offers consistent exposure to both local residents and passing travelers. The sale includes the land and the multi-building facility, ensuring your investment is backed by significant real estate value. The Multi-Faceted Facility: -The Original Grill: The heart of the operation, housing the main kitchen, counter service, and high-traffic takeout. -670 Oak Avenue: The expansive indoor dining venue featuring a full-service bar. All ABC permits are current and in place. -The Awning: Preserving the classic Americana experience with traditional curbside dining. -The Entertainment Hub: A dedicated area for live music, appetizers, and cocktails. Proven Revenue Streams -Established Event Venue: The primary destination for regional festivals, car/bike shows, and wedding receptions. -Full-Scale Catering: A robust service line for corporate meetings, community events, and weddings. -Weekly Staples: High-engagement programming including Karaoke and Trivia nights. Investment Highlights -Total Asset Inclusion: Sale includes all real estate and over $230,000 in equipment and assets. -Turn-Key Operation: Move forward immediately with all equipment, ABC permits, and branding in place. -75+ Year Legacy: Benefit from immense brand equity and a loyal, multi-generational customer base. Note: Financials are available. A signed NDA is required before showing and any financial information is released.

Highlights

Listed by Chris Cornett , 828-504-0437 Elevate Land & Realty LLC , 828-963-2930. Canopy MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.64

Year Built

1950

County

Mitchell

Listing ID

4386676

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:
Appliances:Bar Fridge, Convection Microwave, Convection Oven, Dishwasher, Disposal, Double Oven, Down Draft, Dryer, Electric Cooktop, Exhaust Hood, Freezer, Gas Cooktop, Indoor Grill, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Refrigerator with Ice Maker, Warming Drawer, Wine Refrigerator
Air Cond:Central Air,Ductless
Fireplaces:
Floor:Laminate,Vinyl
Below Ground Sq Ft:0
Other:City

Exterior Features

Lot:Corner Lot,Level,Open Lot
Lot Dimensions:115' x 300'
Garage Capacity:50
Zoning:C
Roof:Metal,Rubber
Sewer:Public Sewer
Parking Features:Driveway,Parking Garage,Parking Lot
Principal Interest
$6,570
Taxes
$813

Home Price

$1,275,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$255,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,570.34

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,570.34 $812.81 $0.00 $7,383.15
Yearly $78,844.05 $9,753.75 $0.00 $88,597.80
Total $2,365,321.49 $292,612.50 $0.00 $2,657,933.99

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Spruce Pine, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Dream Team United | Keller Williams Connected | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-01T18:02:06.000Z

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