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    Spruce Pine, NC
    Conventional Restaurant

    Spruce Pine, NC Conventional Restaurants for Sale

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    Turn-Key Restaurant and Event Venue
    Updated: May 27
    Turn-Key Restaurant and Event Venue

    670 Oak Ave, Spruce Pine, NC 28777

    $1,275,000
    City Drive‑In/670 on Oak Tavern and Grille available for acquisition for the first time in decades; cornerstone of the community for 75+ years
    Includes all real estate (land and multi‑building facility) plus over $230,000 in equipment and assets
    Multi‑building setup with original grill kitchen/counter service and separate indoor dining at 670 Oak Avenue with a full‑service bar
    ABC permits are current and in place; sale includes equipment, permits, and branding for immediate operation
    On‑site entertainment and events include a dedicated area for live music, appetizers, and cocktails; also supports festivals, car/bike shows, and wedding receptions
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spruce Pine, 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.

    Riverside Retail Building with Deck
    Riverside Retail Building with Deck

    8260 Highway 19, Roan Mountain, TN 37687

    $299,777
    0.69 AC lot

    Elevated metal retail building on Doe River features large tinted windows, an office, covered picnic area, and ample parking.

    View details
    Turnkey Seafood Restaurant Storefront
    Turnkey Seafood Restaurant Storefront

    410 E Fleming Drive, Morganton, NC 28655

    $650,000
    1.28 AC lot

    Leased seafood restaurant storefront with included equipment, new refrigeration components, and multiple trucks in place.

    View details
    Retail Building with Upper Deck
    Retail Building with Upper Deck

    Roan Mountain, TN 37687

    $299,777
    0.69 AC lot

    Metal retail building on stilts along the Doe River with tinted display windows, enclosed office, elevator access, and onsite parking.

    View details
    Restaurant Building on Two Acres
    Restaurant Building on Two Acres

    2000 Johns River Loop, Morganton, NC 28655

    Contact for pricing
    2.00 AC lot

    Former restaurant building with foyer entry, full kitchen, walk-in cooler, and two bathrooms on two acres.

    View details

    Spruce Pine, NC Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Spruce Pine, NC on our real estate platform.

    Sale prices for conventional restaurants in Spruce Pine, NC average $1,275,000 — 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

    Bars & Pubs 2
    Conventional restaurants 2
    Coffee shops 1
    Commercial kitchens 1

    Demographics Overview

    Population 10K
    Population Growth (5Y) +0.5%
    Median Household Income $62,399
    College Educated 26.4%

    Taxes & Financing

    Tax Rate (average for all types) 0.56%
    Property Tax per SF $10.39 per SF
    Average Loan-to-Value 65.0%

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