615 Oak Avenue
Spruce Pine, NC, 28777 $ 428,000
Bedrooms-- Baths-- Sq 3,395 Monthly Estimate*
$ 2,956
for $428,000. This 3,395 square foot building was built in 1958 on a lot size of 0.13.
Mixed-Use Investment & Owner-User Opportunity in Downtown Spruce Pine. Discover a unique mixed-use property in the heart of growing downtown Spruce Pine, offering an exceptional combination of commercial space, residential living, and flexible investment potential. Ideal for an owner-user, investor, or entrepreneur seeking a distinctive live/work opportunity, this property features ground-level café/retail space and a three-bedroom residential apartment above. The ground-floor commercial space features large storefront windows and custom black walnut countertops and cabinets, creating a warm, inviting atmosphere. Currently occupied by a beloved local coffee shop, the space has served as a longstanding community hub and benefits from its location among popular local shops, restaurants, and downtown amenities. The versatile layout offers potential for a variety of retail, food & beverage, service, or other compatible commercial uses. The 1,812 SF residential unit features three bedrooms and two bathrooms and provides living space and additional income potential. Recent improvements include fresh paint and trim, one remodeled bathroom, and new handrails. The unit has been well maintained and offers an attractive live/work option or potential residential rental opportunity. The property also includes a lush backyard greenspace, garden beds, and a fully insulated accessory storage building that has been extensively remodeled, providing valuable additional storage or workspace. Significant recent capital improvements include plumbing and electrical upgrades completed in 2025 and a new water heater installed in 2024. There are currently no active leases, providing a new owner with flexibility to establish an occupancy strategy, pursue new tenancy, or explore alternative permitted uses. With its downtown location, mixed-use configuration, established commercial presence, residential component, recent improvements, and flexible ownership potential, this property presents a unique opportunity to acquire a versatile asset in the center of Spruce Pine's downtown district.
See more
FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Central Air Window Unit(s)
Roof Built-Up
Construction Materials Brick Partial
Year Built 1958
Stories Count 2
Property Subtype Business
Parcel Number 0890-18-32-0271
Elevation 2500
County Mitchell
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial Residential
City Spruce Pine
Senior Community Y/N N
Number Of Units Total 2
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 No Restrictions
Tax Assessed Value 181500
See more
ExteriorFencing Back Yard
Lot Features Sloped
Water Source City
Inclusions Building Land
Lot Size Area 0.13
Foundation Details Slab
Number of Buildings 1
Building Area Total 3395
Road Surface Type Paved
Road Frontage Type City Street
Road Responsibility Publicly Maintained Road
Road Frontage 57
See more
InteriorBasement (Y/N) N
Below Grade Finished Area 0
Number Of DocksTotal 0
See more
* Excluded FeaturesList ByLikewise Commercial Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,956
- 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 $806,364
Percent of Sale Price 88%
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 |
|---|
| 10/2/2026 | $428,000 | | Listed Price |