69 Locust Street
Spruce Pine, NC, 28777 $ 1,400,000
Bedrooms-- Baths5.0 Monthly Estimate*
$ 9,669
for $1,400,000 with 5 full baths. This building was built in 1945 on a lot size of 0.17.
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.”
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Central Air Ductless
Utilities Natural Gas
Exclusions attached document from tenant
Year Built 1945
Stories Count 3
Property Subtype Special Purpose
Parcel Number 0890-13-02-6599
County Mitchell
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial
City Spruce Pine
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Standard Status Active
Construction Type Site Built
Restrictions Other - See Remarks
Tax Assessed Value 141600
Listing Terms Cash Conventional
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ExteriorWater Source City
Inclusions Building
Lot Size Area 0.17
Number of Buildings 1
Road Surface Type Paved
Road Responsibility Publicly Maintained Road
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InteriorBasement (Y/N) N
Below Grade Finished Area 0
Total Baths 5
SqFt Garage 0
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $9,669
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Spruce Pine, NC
Average List Price $806,273
Percent of Sale Price 42%
About Spruce Pine, NC 2,314 Population
-2% Since 2002
$ 35,807 Median Income
43 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/13/2026 | $1,400,000 | | Listed Price |