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    14622 S 226 Hwy Spruce Pine, NC 28777
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    Property profile & analytics

    14622 S 226 Hwy Spruce Pine, NC 28777


    • Retail space
    • 1,172 SF
    • 0.75 lot acres
    Freestanding Building on Major Thoroughfare For Sale
    $460,000
    1,217 SF

    Freestanding Building on Major Thoroughfare

    Prominent commercial space with high traffic and flexible zoning.

    14622 S 226 Hwy, Spruce Pine, NC 28777
    View Listing
    Property ID
    US53-4603546
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 14622 S 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.


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    Location Insight

    • Map
    • Local Demand
    City
    Spruce Pine
    County
    Mitchell
    State
    North Carolina
    Longitude
    -82.049
    Latitude
    35.8611

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,889
    $150,000
    $146,300
    $296,300
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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