Date
Details
Price
Change
Source
5/27/2026
Listed
$1,375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,375,000 Just Listed
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Property Description
75 Years of History Available for the First time in Decades! The Iconic Citi Drive-In/670 on Oak Tavern and Grille: A Rare Legacy Opportunity Own a Piece of History-While You Make Your Own. For the first time in decades, the legendary City Drive-In/670 on Oak Tavern and Grille is available for acquisition. A cornerstone of the community for over 75 years, this is a rare, turn-key, and highly profitable enterprise. This offering is a comprehensive package, including the prime real estate and over $230,000 in tangible assets. Asset list is attached. Location & Real Estate: -Situated in a high-visibility corridor with a steady traffic count of 4,800 vehicles daily, this property offers consistent exposure to both local residents and passing travelers. The sale includes the land and the multi-building facility, ensuring your investment is backed by significant real estate value. The Multi-Faceted Facility: -The Original Grill: The heart of the operation, housing the main kitchen, counter service, and high-traffic takeout. -670 Oak Avenue: The expansive indoor dining venue featuring a full-service bar. All ABC permits are current and in place. -The Awning: Preserving the classic Americana experience with traditional curbside dining. -The Entertainment Hub: A dedicated area for live music, appetizers, and cocktails. Proven Revenue Streams -Established Event Venue: The primary destination for regional festivals, car/bike shows, and wedding receptions. -Full-Scale Catering: A robust service line for corporate meetings, community events, and weddings. -Weekly Staples: High-engagement programming including Karaoke and Trivia nights. Investment Highlights -Total Asset Inclusion: Sale includes all real estate and over $230,000 in equipment and assets. -Turn-Key Operation: Move forward immediately with all equipment, ABC permits, and branding in place. -75+ Year Legacy: Benefit from immense brand equity and a loyal, multi-generational customer base. Note: Financials are available. A signed NDA is required before showing and any financial information is released.
Full Property Details
Full Property Details for 670 Oak Ave
General
- Price: $1,375,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4386676
- Updated: 5/27/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: Bar Fridge, Convection Microwave, Convection Oven, Dishwasher, Disposal, Double Oven, Down Draft, Dryer, Electric Cooktop, Exhaust Hood, Freezer, Gas Cooktop, Indoor Grill, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Refrigerator with Ice Maker, Warming Drawer, Wine Refrigerator
- Flooring: Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
Parking
- Covered Spaces: 15
- Parking Features: Driveway, Parking Garage, Parking Lot
Location
- County: Mitchell
- Driving Directions: From US Hwy 19E turn onto Ward Street to Oak Avenue. Turn Left on Oak Avenue and City Drive In / 670 on Oak Tavern and Grille will be immediately on your left.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air, Ductless
- Heating Type: Central, Ductless, Forced Air
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available, Natural Gas
Structural Information
- # Buildings: 4
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Vinyl, Wood
- Roof: Metal, Rubber
- Minimum Avail: 3,430 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Dimensions: 115' x 300'
- Street/Road Desc.: Paved
- Elevation (Approx.): 2500
- Lot Features: Corner Lot, Level, Open Lot
- Rcmdd Zoning: C
Financial Considerations
- Terms: Cash
Disclosures and Reports
- Restrictions: No Representation
- Inclusions: Building, Business, Equipment, Fixtures, Land, Licenses
- Property ID: 0890-18-32-2096
- Lot Number: 653/662
Listed by Elevate Land & Realty LLC
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Listing agent
— 670 Oak Ave —
Elevate Land & Realty LLC
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Price & Sales History for 670 Oak Ave
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
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670 Oak Avenue, Spruce Pine, NC 28777 (MLS# 4386676) is a Commercial property. 670 Oak Avenue is currently listed for $1,375,000 and was received on May 27, 2026. Want to learn more about 670 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.