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    Spruce Pine, NC
    Restaurants

    Spruce Pine, NC Restaurants for Sale

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    Bakersville, NC Newland, NC Little Switzerland, NC Marion, NC Burnsville, NC Linville Falls, NC Green Mountain, NC Micaville, NC
    Turn-Key Restaurant and Event Venue
    Updated: Jul 23
    Turn-Key Restaurant and Event Venue

    670 Oak Avenue, Spruce Pine, NC 28777

    $1,275,000
    City Drive‑In/670 on Oak Tavern and Grille available for acquisition for the first time in decades; cornerstone of the community for 75+ years
    Includes all real estate (land and multi‑building facility) plus over $230,000 in equipment and assets
    Multi‑building setup with original grill kitchen/counter service and separate indoor dining at 670 Oak Avenue with a full‑service bar
    ABC permits are current and in place; sale includes equipment, permits, and branding for immediate operation
    On‑site entertainment and events include a dedicated area for live music, appetizers, and cocktails; also supports festivals, car/bike shows, and wedding receptions
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    Restaurant Bar with Commercial Kitchen
    Updated: Apr 11
    Restaurant Bar with Commercial Kitchen

    14480 Meadow view, Spruce Pine, NC 28777

    Contact for pricing
    2,000 sqft
    2,000 SF Apalach Industrial space previously used as a restaurant/bar
    Includes a commercial kitchen, supporting restaurant/bar use or conversion to a home with large kitchen
    Owner finance available for qualified buyers
    Build‑to‑suit potential noted, including conversion to a residential single‑family home
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    Mixed-Use Property with Kitchen
    Mixed-Use Property with Kitchen

    1703 Roan Rd, Spruce Pine, NC 28777

    Contact for pricing

    Five-unit commercial property includes office, retail, warehouse, kitchen, and residential space with separate electric metering.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 3 Active listings in Spruce Pine, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner Lot Commercial Property
    Corner Lot Commercial Property

    6460 Banner Elk Hwy, Elk Park, NC 28622

    $1,200,000
    4,370 sqft

    Commercial property with an existing restaurant, ample parking, and convenient access on a highly visible corner lot.

    View details
    Turnkey Restaurant in Historic Building
    Turnkey Restaurant in Historic Building

    102 Linville Street, Morganton, NC 28655

    $599,900
    4,640 sqft

    Fully equipped restaurant in Glen Alpine's historic 1902 building.

    View details
    Restaurant Building on Two Acres
    Restaurant Building on Two Acres

    2000 Johns River Loop, Morganton, NC 28655

    Contact for pricing
    2.00 AC lot

    Former restaurant building with foyer entry, full kitchen, walk-in cooler, and two bathrooms on two acres.

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    Commercial Property Near Banner Elk
    Commercial Property Near Banner Elk

    6460 Banner Elk Parkway, Elk Park, NC 28622

    $1,200,000

    Versatile commercial property with high visibility and ample parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Utilities
    Commercial Land with Utilities

    2390 Sugar Hill Road, Marion, NC 28752

    $2,399,000
    2.40 AC lot

    Mostly level development land with city water and sewer available at the site.

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    C-2 Commercial Land
    C-2 Commercial Land

    2462 Sugar Hill Road, Marion, NC 28752

    $525,000
    0.48 AC lot

    Corner parcel with dual-road access and C-2 zoning.

    View details
    Commercial Land at Shopping Center Entrance
    Commercial Land at Shopping Center Entrance

    309 Enola Road, Morganton, NC 28655

    $1,799,900
    2.75 AC lot

    HID-zoned commercial land with city sewer and water available near established retail and service tenants.

    View details
    Shopping Center Commercial Land
    Shopping Center Commercial Land

    Fiddlers Run Boulevard, Morganton, NC 28655

    $950,000
    1.40 AC lot

    Commercial land at a shopping center entrance with City of Morganton HID zoning.

    View details

    Off-Market Properties in Spruce Pine, NC

    Consider similar Off-Market properties in Spruce Pine, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    100 Riverhill Rd
    RESTAURANT

    100 Riverhill Rd, Spruce Pine, NC 28777-9353

    $335,000
    Estimated value
    12,941 sqft 68.03 AC lot
    View details
    6187 Us 19e
    DRIVE-THRU RESTAURANT, FAST FOOD

    6187 Us 19e, Spruce Pine, NC 28777-8945

    $375,000
    Estimated value
    2,732 sqft 1.13 AC lot
    View details
    14480 226th Hwya
    TAKE-OUT RESTAURANT

    14480 226th Hwya, Spruce Pine, NC 28777-5458

    $165,000
    Estimated value
    1,008 sqft 0.69 AC lot
    View details
    203 Locust St
    BAR, TAVERN

    203 Locust St, Spruce Pine, NC 28777-2713

    $280,000
    Estimated value
    5,600 sqft 0.07 AC lot
    View details
    198 Oak Ave
    BAR, TAVERN

    198 Oak Ave, Spruce Pine, NC 28777-2720

    $265,000
    Estimated value
    1,152 sqft 0.03 AC lot
    View details
    89 Locust St
    BAR, TAVERN

    89 Locust St, Spruce Pine, NC 28777-2754

    $275,000
    Estimated value
    2,030 sqft 0.06 AC lot
    View details
    12358 226th Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    12358 226th Hwy, Spruce Pine, NC 28777-8905

    $300,000
    Estimated value
    4,742 sqft 0.95 AC lot
    View details
    13780S 226 Hwy
    Lifestyle centers

    13780S 226 Hwy, Spruce Pine, NC 28777

    Value Estimation by Request
    14,455 sqft 2.93 AC lot
    View details
    670 Oak Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    670 Oak Ave, Spruce Pine, NC 28777-2808

    $215,000
    Estimated value
    750 sqft
    View details
    1161 Oak Ave
    BAR, TAVERN

    1161 Oak Ave, Spruce Pine, NC 28777-2835

    $265,000
    Estimated value
    1,456 sqft 0.68 AC lot
    View details
    11961 226th Hwy
    TAKE-OUT RESTAURANT

    11961 226th Hwy, Spruce Pine, NC 28777-8910

    $295,000
    Estimated value
    6,631 sqft 0.46 AC lot
    View details
    11911 226th Hwy
    BAR, TAVERN

    11911 226th Hwy, Spruce Pine, NC 28777-8910

    $305,000
    Estimated value
    3,764 sqft 0.42 AC lot
    View details
    12063 226th Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    12063 226th Hwy, Spruce Pine, NC 28777-8909

    $245,000
    Estimated value
    4,298 sqft 0.75 AC lot
    View details

    Spruce Pine, NC Restaurants Market Trends and Statistics

    Explore 16 restaurants for sale in Spruce Pine, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,000 square feet of properties for sale, with an estimated market value of $1,275,000.

    Sale prices for restaurant properties in Spruce Pine, NC average $1,275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Conventional restaurants 2
    Commercial kitchens 1

    Demographics Overview

    Population 10K
    Population Growth (5Y) +0.5%
    Median Household Income $62,399
    College Educated 26.4%

    High-Yield Neighborhoods for Investment

    Identify Spruce Pine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28777 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 0.56%
    Property Tax per SF $10.39 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mitchell County

    New Delisted

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