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Brick Office Building with Flexible Interior
For Sale
$200,000

193 Walnut Avenue, Spruce Pine, NC 28777

Commercial Sale, Spruce Pine, NC

Property Size1,800 SF
Lot Size0.33 Acres
Price / SF$111.11
Days on Market94

Property Features for 193 Walnut Avenue

General Information

Property type Residential
Property subtype Office
Zoning R-2
Zoning description R-2
Parking 15
Parking features Parking Lot
Lot features Cleared, Corner Lot, Paved, Sloped
Directions From downtown Spruce Pine, take Walnut Avenue and just past the public library, the building will be on your left at the corner of Walnut and Amethyst. Look for sign.
Standard status Active
APN 0890-14-22-5529
Lot size 0.33 Acres

Taxes and HOA fees

Tax Description Bldg. & improvements on .33 acres, @ 193 Walnut Ave., Spruce Pine, NC 28777
Legal Description Bldg. & improvements on .33 acres, @ 193 Walnut Ave., Spruce Pine, NC 28777

Utilities

Sewer type Public Sewer

Building Details

Year built 1961
Building materials Brick Full
Roof type Rubber
Listing Agency: Foxfire Real Estate, LLC
Listed By: Peter Franklin · License #272056
Added: Jun 16 Changed: Sep 5 Last Checked: Sep 17 at 1:06PM
MLS# 4394179

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,800-square-foot brick office building, constructed in 1961, offers a largely open interior with framing and wall placement available for a new configuration. The building has a rubber membrane roof, rear access, public sewer service, and a paved parking area totaling 3,600 square feet, including private rear parking for staff. Its prior uses included an insurance agency and an optometrist’s office.

The property is located at 193 Walnut Avenue in Spruce Pine, within walking distance of the downtown historic district, shopping, dining, and the public library. Blue Ridge Regional Hospital is approximately 2 minutes away, while The Grassy Creek Golf and Country Club is about 3 minutes away. The Blue Ridge Parkway can be reached in approximately 5 minutes, and I-40 is about 30 minutes away. The property is zoned R-2.

Key Highlights

  • 1,800‑square‑foot brick office building constructed in 1961
  • Interior is open for new framing and wall configurations
  • 3,600 square feet of paved parking, including private rear staff parking

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Big Box & Wholesale Store HVAC Service Home Appliance Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

494
Businesses Nearby

Demographics for 28777, NC

10,635
Population
4,949
Households
2.1
Avg Household Size
45
Median Age
19%
College-Educated
88%
High-School Grad
71.8 sq mi
ZIP Area
148
Density / Sq Mi
$62,399
Median Household Income
$36,774
Median Earnings
$686
Median Rent
$206,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Brick office property with an unfinished interior, paved parking, and convenient access to downtown amenities.
Where is this office building located?
The property is located at 193 Walnut Avenue Spruce Pine, NC.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1,800‑square‑foot brick office building constructed in 1961; Interior is open for new framing and wall configurations; 3,600 square feet of paved parking, including private rear staff parking
More about this property
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