261 Oak Avenue
Spruce Pine, NC 28777
$359,000

Have you been advised to take your money out of the stock market and invest in real estate? Are you looking for a cash flow commercial property in the small and charming town of Spruce Pine? Are you an end-user looking for office space to run your business? Here it is! You could be the anchor tenant and supplement income with secondary tenants or rent it all out for a high cap rate and cash flow. An exciting commercial investment. Come join the sweet, small community of Spruce Pine with an expanding community college that is adding salon and cosmetology schooling. Next door to Penland, the art mecca, home of many famous artists. Plenty of growth, opportunity, and potential here to turn the upstairs into a salon, art gallery, or storage unit. Currently no climate-controlled storage unit buildings in Spruce Pine!

Basic Information
MLS#: 3725547
Price: $359,000
Square Footage: 9679
Acreage: 0.26
Property Type: Commercial
Year Built: 1909
Number of Units: 5
Details
Structure Type: Office
HVAC: Electric
Virtual Tour: Click here
Listing Courtesy Of: RE/MAX Executive