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$560,000
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Property Description
RARE investment opportunity in the charming Blue Ridge Mountain town of Spruce Pine! This building, built in 1954 is on the National Historic Registry. Prime location on a corner lot. Suitable for multiple businesses. Main floor was previously The Market on Oak, a local artist supported retail store. Upper level has unlimited commercial potential. Lower level (Previously The Mitchell County Chamber of Commerce) has two exits with offices, large meeting rooms, restroom facilities and storage. The building has been updated with new insulated windows, HVAC, new roof. Hardwood floors through most of the building. Public parking is available on the side and front of the building. Within waking distance to shopping, restaurants, fitness center, public park, and local arts. Interior photos to be added in the next few days.
Full Property Details
Full Property Details for 266 Oak Ave #25 & 26
General
- Sold For: $560,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4148775
- Added to Site: 587 day(s) ago
Interior
- Appliances: Electric Water Heater
- Flooring: Wood
Parking
- Parking Features: On Street
Location
- County: Mitchell
- Driving Directions: In the town of Spruce Pine. On the corner of Oak and Crystal Street.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air, Gas
- Heating Type: Floor Furnace, Natural Gas, Zoned, Other - See Remarks
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available, Electricity Connected, Gas
Structural Information
- # Buildings: 1
- Construction: Site Built
- Exterior Const.: Brick Full
- Basement: Yes
- Basement Desc.: Daylight, Exterior Entry, Finished, Storage Space, Walk-Out Access
- Roof: Flat, Rubber
- Square Feet: 9,200
- Minimum Avail: 9,250 Sq. Ft.
- Year Built: 1954
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 2500
- Lot Features: Corner Lot, Paved
- Rcmdd Zoning: C-1
Disclosures and Reports
- Special Conditions: Undisclosed
- Restrictions: Use
- Inclusions: Building, Fixtures, Land
- Property ID: 0890-17-12-2366
- Plat: 1/38
- Lot Number: 445/641
Listed by Tree House Mountain Realty,Inc
Sold by United Country Real Estate Carolina Properties
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Schools
Schools serving 266 Oak Ave #25 & 26
School District:Mitchell County Schools
| Name | Grades | Distance |
|---|---|---|
Deyton Elementary 308 Harris Street, Spruce Pine, NC 28777 | 3-5 | 1.2 mi |
Greenlee Primary 2206 Carters Ridge Road, Spruce Pine, NC 28777 | K-2 | 2.4 mi |
Harris Middle 121 Harris Street, Spruce Pine, NC 28777 | 6-8 | 1 mi |
Mitchell High 416 Ledger School Road, Bakersville, NC 28705 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 266 Oak Ave #25 & 26
Date
Details
Price
Change
Source
3/28/2025
Sold
$560,000
-19.42%
MLS
6/07/2024
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
266 Oak Avenue #25 & 26, Spruce Pine, NC 28777 (MLS# 4148775) is a Commercial property that was sold at $560,000 on March 28, 2025. Want to learn more about 266 Oak Avenue #25 & 26? Do you have questions about finding other Commercial real estate for sale in Spruce Pine? You can browse all Spruce Pine real estate or contact a Coldwell Banker agent to request more information.

