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$1,400,000
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Property Description
A Landmark Opportunity in the Heart of Downtown Spruce Pine Positioned as the true gateway between upper and lower downtown, this iconic three-story brick building is the only property that physically connects both levels of Spruce Pine's downtown district. With street-level access from both Oak Avenue and Locust Street, the property enjoys exceptional visibility, accessibility, and foot traffic from multiple directions. Built in 1948 with a durable steel, concrete, and wood-frame construction, the building has been thoughtfully improved over the years while preserving the character and charm that make downtown properties so desirable. This one building can home multiple commercial spaces and can offer flexibility for retail, dining, office, event, or mixed-use concepts, creating endless possibilities for investors, entrepreneurs, and visionaries alike. One of the property's most remarkable features is its privately owned green space-an incredibly rare amenity in a downtown setting. Combined with outdoor patios, historic wrought iron details, vintage-inspired street lighting, and gathering areas, the space creates a unique atmosphere that invites community Significant capital improvements include a newer insulated pitched TPO roof, updated electrical and plumbing systems, modern HVAC equipment, on-demand water heaters, tempered storefront glass, fire suppression and monitored alarm systems, water filtration upgrades, and extensive outdoor enhancements. The lower level is exceptionally equipped for food and beverage operations with commercial infrastructure including walk-in cooler systems, grease trap, commercial ventilation, and outdoor dining spaces with natural gas heaters. Whether you're looking to establish a flagship business, create a mixed-use investment property, develop an entertainment venue, or become a steward of one of Spruce Pine's most recognizable downtown landmarks, this property offers a combination of location, functionality, history, and potential that simply cannot be replicated."
Full Property Details
Full Property Details for 69 Locust St
General
- Price: $1,400,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4392780
- Updated: 6/13/2026
- Added to Site: 26 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Location
- County: Mitchell
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air, Ductless
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Natural Gas
Structural Information
- # Buildings: 1
- Construction: Site Built
- Minimum Avail: 4,400 Sq. Ft.
- Year Built: 1945
Lot Features
- Street/Road Desc.: Paved
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Other - See Remarks
- Inclusions: Building
- Property ID: 0890-13-02-6599
- Lot Number: 600-323
Listed by Proper Realty LLC
Get Pre-Approved Today
Schools
Schools serving 69 Locust St
School District:Mitchell County Schools
| Name | Grades | Distance |
|---|---|---|
Deyton Elementary 308 Harris Street, Spruce Pine, NC 28777 | 3-5 | 1.1 mi |
Greenlee Primary 2206 Carters Ridge Road, Spruce Pine, NC 28777 | K-2 | 2.5 mi |
Bowman Middle 410 South Mitchell Avenue, Bakersville, NC 28705 | 5-8 | 8 mi |
Harris Middle 121 Harris Street, Spruce Pine, NC 28777 | 6-8 | 0.9 mi |
Mayland Early College 264 Mayland Drive, Spruce Pine, NC 28777 | 9-12 | 3.3 mi |
Mitchell High 416 Ledger School Road, Bakersville, NC 28705 | 9-12 | 4.5 mi |
Gouge Elementary 134 Laurel Street, Bakersville, NC 28705 | K-4 | 8 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 69 Locust St
Date
Details
Price
Change
Source
6/13/2026
Listed
$1,400,000
428.3%
MLS
3/28/2019
Sold
$265,000
—
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 69 Locust St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$793
-46%
$141,600
-46%
2024
$1,475
—
$263,400
—
2023
$1,475
—
$263,400
—
2022
$1,475
-1%
$263,400
2%
2021
$1,495
—
$257,800
—
2020
$1,495
—
$257,800
8%
2020
$1,495
8%
$239,200
—
2018
$1,387
11%
$239,200
11%
2017
$1,255
27%
$216,300
16%
2016
$991
—
$186,900
—
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 69 Locust St
69 Locust Street, Spruce Pine, NC 28777 (MLS# 4392780) is a Commercial property. 69 Locust Street is currently listed for $1,400,000 and was received on June 13, 2026. Want to learn more about 69 Locust Street? 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.

