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3,395 sqft

$428,000

615 Oak Avenue, Spruce Pine NC, 28777

Price per sqft$126.07
Built in1958
Property size3,395 sqft
Property typeCommercial
Courtesy of Likewise Commercial Real Estate, James Diaz Listing Contact: 828-215-9669

Overview

Active

Listed Oct 2, 2026

Updated 7 days ago

Mixed-Use Investment & Owner-User Opportunity in Downtown Spruce Pine. Discover a unique mixed-use property in the heart of growing downtown Spruce Pine, offering an exceptional combination of commercial space, residential living, and flexible investment potential. Ideal for an owner-user, investor, or entrepreneur seeking a distinctive live/work opportunity, this property features ground-level café/retail space and a three-bedroom residential apartment above. The ground-floor commercial space features large storefront windows and custom black walnut countertops and cabinets, creating a warm, inviting atmosphere. Currently occupied by a beloved local coffee shop, the space has served as a longstanding community hub and benefits from its location among popular local shops, restaurants, and downtown amenities. The versatile layout offers potential for a variety of retail, food & beverage, service, or other compatible commercial uses. The 1,812 SF residential unit features three bedrooms and two bathrooms and provides living space and additional income potential. Recent improvements include fresh paint and trim, one remodeled bathroom, and new handrails. The unit has been well maintained and offers an attractive live/work option or potential residential rental opportunity. The property also includes a lush backyard greenspace, garden beds, and a fully insulated accessory storage building that has been extensively remodeled, providing valuable additional storage or workspace. Significant recent capital improvements include plumbing and electrical upgrades completed in 2025 and a new water heater installed in 2024. There are currently no active leases, providing a new owner with flexibility to establish an occupancy strategy, pursue new tenancy, or explore alternative permitted uses. With its downtown location, mixed-use configuration, established commercial presence, residential component, recent improvements, and flexible ownership potential, this property presents a unique opportunity to acquire a versatile asset in the center of Spruce Pine's downtown district.

Other Property Details

55+/Senior Community
No

Listings courtesy of Canopy MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 5:01 AM UTC on 10/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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