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Office Building with Open Interior
For Sale
$198,000

193 Walnut Avenue, Spruce Pine, NC 28777

Commercial Sale, Spruce Pine, NC

Property Size1,800 SF
Lot Size0.33 Acres
Price / SF$110
Days on Market139

Property Features for 193 Walnut Avenue

General Information

Property type Commercial Sale
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

Additional Details

Property Use Office
Condition Shell

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
Buildings 1
Listing Agency: Foxfire Real Estate, LLC
Listed By: Peter Franklin · License #272056
Added: Jun 16 Changed: Oct 23 Last Checked: Nov 1 at 7:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This 1,800-square-foot brick office building was constructed in 1961 and sits on a 0.33-acre parcel. The interior has been cleared, allowing walls and framing to be arranged for a new layout. A rubber membrane roof, rear building access, and public sewer service are among the existing features. The property is zoned R-2.

The site includes 3,600 square feet of paved parking, with a separate area at the rear designated for staff parking. In downtown Spruce Pine, the property is a few hundred feet from the public library and within walking distance of the historic district, shops, and dining. Blue Ridge Regional Hospital is a two-minute drive away.

Medical or legal offices, small-scale manufacturing, and church or nonprofit use are identified as possibilities. The building most recently served as an insurance agency; before that, it was an optometrist’s office.

Key Highlights

  • 1,800‑square‑foot brick office building on a 0.33‑acre parcel
  • 3,600 square feet of paved parking, including private staff parking at the rear
  • Interior cleared for a new framing and wall layout

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
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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

Frequently Asked Questions

What type of property is this?
Office building - A brick commercial property with paved parking and an interior ready for a custom layout.
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 $198,000.
What are key features of this property?
This property features: 1,800‑square‑foot brick office building on a 0.33‑acre parcel; 3,600 square feet of paved parking, including private staff parking at the rear; Interior cleared for a new framing and wall layout
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