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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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69 Locust St , Spruce Pine, NC 28777
$1,400,000
Est. Payment: $3,111.11/mo
0 Bed
5 Bath
0 Sqft
Status: Active | Days on site: 96
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NCM33710 - 68569
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House 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 wood-frame 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.”

Highlights

Listed by Kelly Pittman Jones , 828-385-1629 Proper Realty LLC , 828-520-1560.

Property Type

Commercial Sale

Lot/Acreage
0.17

Year Built

1945

County

Mitchell

Listing ID

4392780

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:5
  • Full Bathrooms:
Air Cond:Central Air,Ductless
Fireplaces:
Below Ground Sq Ft:0
Water:City

Exterior Features

Sewer:Public Sewer
Principal Interest
$3,111
Taxes
$893

Home Price

$1,400,000

Loan Details

30 yrs
%

Down Payment

20%
$280,000
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:
$3,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,111.11 $892.50 $0.00 $4,003.61
Yearly $37,333.33 $10,710.00 $0.00 $48,043.33
Total $1,120,000.00 $321,300.00 $0.00 $1,441,300.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.