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$428,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 615 Oak Ave
General
- Price: $428,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4430761
- Updated: 10/2/2026
- Added to Site: 3 day(s) ago
Location
- County: Mitchell
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air, Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- # Buildings: 1
- Construction: Site Built
- Exterior Const.: Brick Partial
- Roof: Built-Up
- Square Feet: 3,395
- Min Required: 3,395 Sq. Ft.
- Minimum Avail: 3,395 Sq. Ft.
- Year Built: 1958
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 2500
- Lot Features: Sloped
- Fencing (Description): Back Yard
Disclosures and Reports
- Restrictions: No Restrictions
- Inclusions: Building, Land
- Property ID: 0890-18-32-0271
- Lot Number: 549-465
Listed by Likewise Commercial Real Estate
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Schools
Schools serving 615 Oak Ave
School District:Mitchell County Schools
| Name | Grades | Distance |
|---|---|---|
Deyton Elementary 308 Harris Street, Spruce Pine, NC 28777 | 3-5 | 1.5 mi |
Greenlee Primary 2206 Carters Ridge Road, Spruce Pine, NC 28777 | K-2 | 2.2 mi |
Bowman Middle 410 South Mitchell Avenue, Bakersville, NC 28705 | 5-8 | 8.3 mi |
Harris Middle 121 Harris Street, Spruce Pine, NC 28777 | 6-8 | 1.3 mi |
Mayland Early College 264 Mayland Drive, Spruce Pine, NC 28777 | 9-12 | 2.9 mi |
Mitchell High 416 Ledger School Road, Bakersville, NC 28705 | 9-12 | 4.8 mi |
Gouge Elementary 134 Laurel Street, Bakersville, NC 28705 | K-4 | 8.3 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 615 Oak Ave
Date
Details
Price
Change
Source
10/02/2026
Listed
$428,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 615 Oak Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,016
—
$181,500
—
2025
$1,016
—
$181,500
—
2024
$1,016
—
$181,500
—
2023
$1,016
—
$181,500
—
2022
$1,016
15%
$181,500
19%
2021
$886
—
$152,700
—
2020
$886
—
$152,700
—
2018
$886
45%
$152,700
45%
2017
$610
10%
$105,100
—
2016
$557
—
$105,100
—
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 615 Oak Ave
615 Oak Avenue, Spruce Pine, NC 28777 (MLS# 4430761) is a Commercial property. 615 Oak Avenue is currently listed for $428,000 and was received on October 02, 2026. Want to learn more about 615 Oak Avenue? 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.

