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$499,000 Just Listed
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Property Description
Discover a rare opportunity to own an office/retail space currently being used as the headquarters for the Forest City Owls, located in the heart of Forest City. Perfectly positioned in Historic Downtown, this unique mixed-use property blends commercial potential with timeless residential charm. The main level features approximately 1,750 square feet of office and retail space currently serving as the team headquarters and retail store. With excellent visibility and a prime downtown location, the possibilities are endless for entrepreneurs, investors, or business owners seeking a vibrant and walkable setting. Above the commercial space, you'll find a stunning 1,750 square foot apartment filled with vintage character and early 1900s charm. From its warm architectural details to its inviting atmosphere, this residence offers a rare blend of history, comfort, and style right in the center of town. Many renovations and updates have already been completed, including a new roof, HVAC, water heater, electrical and plumbing updates, and a beautiful new deck overlooking the amphitheater. Located in the foothills of the Blue Ridge Mountains, Forest City is known for its rich heritage, entrepreneurial spirit, and welcoming small-town atmosphere. Since 1887, the town has balanced growth and innovation while preserving the people, places, and traditions that make it special. Forest City is centrally located between Charlotte, Asheville, and Greenville, offering convenient access to some of the region's most popular destinations. Historic Downtown Forest City is lined with modern boutiques, antique shops, and locally loved "mom and pop" restaurants. It's beautifully maintained, tree-lined Main Street showcases the charm and character of a community deeply connected to its history while embracing the future. Whether you envision creating a live/work concept, launching a new business venture, or investing in one of downtown's most distinctive properties, this is a truly one-of-a-kind opportunity.
Full Property Details
Full Property Details for 138 E Main St
General
- Price: $499,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4382290
- Updated: 5/19/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 3
Parking
- Parking Features: On Street
Location
- County: Rutherford
- Driving Directions: Main Street Forest City. It is currently the Owls Baseball building
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ductless, Heat Pump
- Heating Type: Ductless, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- # Buildings: 1
- Construction: Site Built
- Exterior Const.: Brick Full
- Roof: Rubber
- Square Feet: 3,500
- Minimum Avail: 3,500 Sq. Ft.
- Year Built: 1918
Lot Features
- Street/Road Desc.: Paved
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Other - See Remarks
- Inclusions: Building, Land
- Property ID: 416787
- Lot Number: 1166-441
Listed by Odean Keever & Associates, Inc.
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Schools
Schools serving 138 E Main St
School District:Rutherford County Schools
| Name | Grades | Distance |
|---|---|---|
Forest City-Dunbar Elementary School 286 Learning Parkway, Forest City, NC 28043 | PK-5 | 1.1 mi |
East Rutherford Middle School 259 East Church Street, Bostic, NC 28018 | 6-8 | 2.7 mi |
Rutherford Early College High School 286 I C C Loop Road, Spindale, NC 28160 | 9-12 | 2.7 mi |
East Rutherford High School 331 East High Road, Bostic, NC 28018 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 138 E Main St
Date
Details
Price
Change
Source
5/19/2026
Listed
$499,000
202.42%
MLS
1/16/2018
Sold
$165,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 138 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,345
2%
$220,300
—
2023
$2,300
65%
$220,300
—
2021
$1,395
—
$220,300
38%
2022
$1,395
—
$159,100
—
2021
$1,395
—
$159,100
—
2019
$1,395
233%
$159,100
241%
2018
$419
—
$46,700
—
2017
$419
—
$46,700
—
2016
$419
—
$46,700
—
2015
$419
—
$46,700
—
2014
$419
—
$46,700
—
2013
$419
—
$46,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 138 E Main St
138 E Main Street, Forest City, NC 28043 (MLS# 4382290) is a Commercial property. 138 E Main Street is currently listed for $499,000 and was received on May 19, 2026. Want to learn more about 138 E Main Street? Do you have questions about finding other Commercial real estate for sale in Forest City? You can browse all Forest City real estate or contact a Coldwell Banker agent to request more information.

