Property summary
This exceptional investment opportunity presents a rare chance to acquire a highly visible, established commercial property in Spruce Pine, North Carolina. Situated on 2.93 acres of land with approximately 673.8 feet of combined road frontage on both sides of NC Highway 226, this property boasts a daily traffic count of 13,000 vehicles. The location is strategically positioned between the Blue Ridge Parkway exit (Mile Marker 3312) and the NC Mineral Museum, and is also close to a Walmart Super Center. The property includes over 14,455 square feet of combined structures, featuring a 7,318.12 square foot commercial building/warehouse, 4,386.26 square feet of retail/business shops, a 452.32 square foot 1-bedroom, 1-bathroom log cabin, and a 2,299 square foot 4-bedroom, 2-bathroom home with an in-ground pool. City water, sewer, and natural gas are available. The property also offers over 450 feet of frontage on both sides of the East Fork of Grassy Creek, providing ample space for expansion. This location is within a 10-minute drive of major area employers, including mining operations, manufacturing facilities, a regional hospital campus, a dental school, government agencies, and educational institutions, employing over 7,000 people. The property is also conveniently located 30 minutes from Lake James, Marion, and I-40; and 50 minutes from Asheville and Boone, North Carolina. This property is ideally suited for a variety of uses, including retail, restaurants, light manufacturing, medical services, and more. The asking price is $1,900,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.