198 Oak Avenue Spruce Pine, NC $ 279,000
198 Oak Avenue
$ 279,000
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198 Oak Avenue

Spruce Pine, NC, 28777
$ 279,000
Bedrooms-- Baths-- Sq 1,331

Monthly Estimate*

$ 1,741

198 Oak Avenue, Spruce Pine, NC 28777 - Image 1
198 Oak Avenue, Spruce Pine, NC 28777 - Image 2
198 Oak Avenue, Spruce Pine, NC 28777 - Image 3
198 Oak Avenue, Spruce Pine, NC 28777 - Image 4
198 Oak Avenue, Spruce Pine, NC 28777 - Image 5
198 Oak Avenue, Spruce Pine, NC 28777 - Image 6
198 Oak Avenue, Spruce Pine, NC 28777 - Image 7
198 Oak Avenue, Spruce Pine, NC 28777 - Image 8

Commercial Property for sale in Spruce Pine, NC

for $279,000. This 1,331 square foot building was built in 1932 on a lot size of 0.03.

Introducing one of the top-rated restaurants and most popular eateries in the Spruce Pine area—a standout investments opportunity in today’s open market. This exceptional restaurant boasts record breaking sales and an enviable reputation that spans locals, visitors, and tourists alike. Having triumphed over challenges including the pandemic and including Hurricane Helene, it continues to flourish with a steady stream of customers drawn by its renowned menu and exceptional service. The sale includes the building, all contents, and full inventory, except personal items located in a room downstairs. The current owner is committed to a seamless transition by offering hands-on training and sharing trade secrets that have cemented the establishment’s legacy as the go to destination for delightful dining experiences. Don’t miss the chance to own this proven success with a lasting community impact. Known for its Caribbean and Columbian cuisine. No Sign, Confidential

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Commercial Active

Price

$ 279,000

Property Type

Commercial

Taxes

$ 664

Style

Lot Size

0.03

Year Built

1932

Town/City

Spruce Pine

County/Region

Mitchell

MLS | Web ID

256371

Features
General
Sewer PublicSewer
Heating Other SeeRemarks
Cooling TwoUnits WallWindowUnits
Utilities HighSpeedInternetAvailable
Roof Metal
Construction Materials Other SeeRemarks Stucco
Year Built 1932
Stories Count 2
Levels Two
Property Subtype BuildingLandBusiness
Community Features LongTermRentalAllowed
County Mitchell
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name None
Possible Use Retail
Garage Y/N N
Building Features PrivateRestrooms
Other Structures LivingQuarters
Status Active
High School Mitchell
City Spruce Pine
Senior Community Y/N N
Zoning Description Business/Comm
MLS Area 12-ToeRvr SprPn-Cane Crk-Frk Mtn-Lit Rck Crk-MITCHLL)
Lot Size Units Acres
Carport Y/N N
Elementary School Deyton
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 664.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
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Exterior
Parking Features OnStreet
Water Source Public
Lot Size Area 0.03
Spa N
Building Area Total 1331.0
Lot Size Acres 0.03
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
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Internal Only
Street Number 1 198
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* Excluded Features
List By
Coldwell Banker Advantage

Broker

gingergregoryrealtor@gmail.com

Email

Affordability Calculator

$1,796
Per Month
97%
3%
0%
Monthly Principal & Interest
$1,741
Monthly Property Taxes
$55
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
4062262 Elementary School
4062270 Middle School
Mitchell High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2025$279,000 Listed Price

Map


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198 Oak Avenue, Spruce Pine, NC, 28777 is a Commercial Property for sale at $279,000 with 1,331 sqft and a lot size of 0.03. 198 Oak Avenue was built in 1932. The property's zip code is 28777 which is in Spruce Pine, NC