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    261 Oak Avenue

    Spruce Pine, NC 28777
    • $359,000
    • STATUS: Active Under Contract
    • ON SITE: 107 days
    • ID#: 3725547
    Under Contract
    UPDATED: 88 min ago
    $359,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,679
      SQFT
    • $37
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1909
    County:
    Area:

    School Ratings & Info

    Offered by Re/Max Executive. Copyright 2021 Canopy MLS. All rights reserved.

    Description

    Have you been advised to take your money out of the stock market and invest in real estate? Are you looking for a cash flow commercial property in the small and charming town of Spruce Pine? Are you an end-user looking for office space to run your business? Here it is! You could be the anchor tenant and supplement income with secondary tenants or rent it all out for a high cap rate and cash flow. An exciting commercial investment. Come join the sweet, small community of Spruce Pine with an expanding community college that is adding salon and cosmetology schooling. Next door to Penland, the art mecca, home of many famous artists. Plenty of growth, opportunity, and potential here to turn the upstairs into a salon, art gallery, or storage unit. Currently no climate-controlled storage unit buildings in Spruce Pine!

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    Based on information submitted to the MLS GRID as of 2021-07-31T23:59:10.42 UTC. 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 Web site derive in part from the Canopy MLS IDX 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 Odell Realty 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. © 2021 Canopy MLS.

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    www.odellrealty.com/homes/116148225
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    261 Oak Avenue Spruce Pine, NC 28777

    • Price: $359,000
    • Status: Active Under Contract
    • Updated: 88 min ago
    • ID#: 3725547
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    9,679
    SQFT
    $37
    $/SQFT
    1909
    Built
    Neighborhood:
    Spruce Pine
    County:
    Mitchell
    Area:
    Spruce Pine
    Property Description
    Have you been advised to take your money out of the stock market and invest in real estate? Are you looking for a cash flow commercial property in the small and charming town of Spruce Pine? Are you an end-user looking for office space to run your business? Here it is! You could be the anchor tenant and supplement income with secondary tenants or rent it all out for a high cap rate and cash flow. An exciting commercial investment. Come join the sweet, small community of Spruce Pine with an expanding community college that is adding salon and cosmetology schooling. Next door to Penland, the art mecca, home of many famous artists. Plenty of growth, opportunity, and potential here to turn the upstairs into a salon, art gallery, or storage unit. Currently no climate-controlled storage unit buildings in Spruce Pine!
    Exterior Features

    Elevation 2000 Number Of Docks Total 1 Number Of Drive In Doors Total 1 Parking Total 10 Road Responsibility Public Maintained Road

    Interior Features

    Building Area Total 9679 Cooling Central Air Foundation Details Basement Fully Finished Heating Electric Number Of Bays 1 Office Sq Ft 5261 Stories Total 2

    Property Features

    CCRSubject To Undiscovered Construction Status Complete HOASubject To None Inclusions Building Inside City YN Yes New Construction YN No Number Of Units Leased 6 Possible Use Commercial Property Sub Type Commercial Restrictions Deed Restrictions Description See Deed Special Listing Conditions None Structure Type Office Tax Assessed Value 283100 Transaction Type For Sale Zoning Description C-1



    Based on information submitted to the MLS GRID as of 2021-07-31T23:59:10.42 UTC. 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 Web site derive in part from the Canopy MLS IDX 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 Odell Realty 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. © 2021 Canopy MLS.

    Digital Millennium Copyright Act
     
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    Odell Realty
    295 Lakeshore Drive
    Mooresville NC, 28117
    Offered by Re/Max Executive. Copyright 2021 Canopy MLS. All rights reserved.