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    Spindale, NC
    Conventional Restaurant

    Spindale, NC Conventional Restaurants for Sale

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    Rutherfordton, NC Forest City, NC Washington, NC Bostic, NC Union Mills, NC Mill Spring, NC Tryon, NC Ellenboro, NC
    Turnkey Restaurant Opportunity Near Retail
    Updated: Mar 27
    Turnkey Restaurant Opportunity Near Retail

    619 Oakland Rd, Spindale, NC 28160

    $2,000,000
    6,380 sqft
    Turnkey restaurant opportunity with existing equipment.
    Seating for approximately 200 guests.
    Large commercial kitchen with hoods, walk‑in cooler, and freezer.
    Located off College Ave (Alt 74) near Forest City's retail hub.
    Multiple dining areas including a solarium, bar, and food/salad bar.
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    This listing looks promising.

    Here's a quick look at some key insights for

    619 Oakland Rd, Spindale, NC

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $76K
      Annual

    • Mortgage

      $800K
      Jul 2025

    • Last Sold

      Jul 2025
      $1M

    • Property Type

      Restaurant
      Built 1985
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spindale, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Flex Building with Patio
    Renovated Flex Building with Patio

    332 S Howard Ave, Landrum, SC 29356

    $497,000
    2,800 sqft 0.32 AC lot

    Renovated flex building offers mainly open space plus a covered back patio and a separate one-bedroom, one-bath apartment area.

    View details
    Multi-Building Commercial Property
    Multi-Building Commercial Property

    632,644,652 Broadway Street, Forest City, NC 28043

    $500,000
    4,501 sqft

    Three tracts with two buildings and a vacant lot, featuring an office suite and a month-to-month walk-up restaurant.

    View details
    Office Units with Vacant Commercial Lot
    Office Units with Vacant Commercial Lot

    632,644,652 S Broadway Street, Forest City, NC 28043

    $500,000
    1.04 AC lot

    Three adjoining tracts combine office space, a walk-up restaurant, and a vacant lot with public utilities.

    View details
    Operating Restaurant with Covered Patio
    Operating Restaurant with Covered Patio

    22345 Asheville Highway, Landrum, SC 29356

    $375,000
    0.41 AC lot

    Established restaurant improvements include kitchen equipment, updated flooring, customer seating, and a covered outdoor dining area.

    View details

    Spindale, NC Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Spindale, NC on our real estate platform. These investment opportunities span a total of 6,380 square feet of properties for sale, with an estimated market value of $2,000,000.

    Sale prices for conventional restaurants in Spindale, NC average $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2

    Demographics Overview

    Population 3,825
    Population Growth (5Y) +6.7%
    Median Household Income $38,625
    College Educated 19.6%

    High-Yield Neighborhoods for Investment

    Identify Spindale submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28160 $2M

    Taxes & Financing

    Tax Rate (average for all types) 1.05%
    Property Tax per SF $25.17 per SF
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rutherford County

    New Delisted

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