14622 226 Hwy Spruce Pine, NC 28777

Property Details for 14622 226 Hwy

Year built

1990

Construction

WOOD

Lot size

0.75 lot acres

Property size

1,172 SF

Property type

Retail space

APN

0798-00-62-5177

APU

79800625177

Description

This exceptional mixed-use property, located at 14622 S 226 Hwy in Spruce Pine, NC, presents a rare investment opportunity. The 1,217 square foot building, constructed in 1987, sits on a 0.75-acre lot (APN: 0798-00-62-5177) and boasts approximately 200 feet of road frontage on a major thoroughfare, experiencing over 5,500 vehicles per day. The property features a flexible floor plan, including a private office and ADA-accessible amenities. A basement is also included. The building is zoned for a variety of commercial uses, such as retail, office space, medical clinics, showrooms, or studios. This prime location benefits from the area's vibrant commercial activity, ensuring high visibility and potential customer traffic. The asking price is $460,000 ($378 per square foot). Owner financing is available, with a potential down payment of $200,000 and a 4.5% interest rate amortized over 25 years, including a 7-year balloon payment. The monthly payment is projected to be under $1,500. A successful existing business is included in the sale, with the option to purchase all fixtures, equipment, and inventory. A non-disclosure agreement is required to review detailed business financials. This property is ideal for owner-occupiers or investors seeking a high-return commercial space with significant upside potential.