Opportunity Knocking

Foxfire Real Estate is pleased to offer for sale, to qualified principals, owner-operators and investors this first time on the market family legacy property that is an icon of our area.  

 

The property currently hosts one of the most successful mountain tourist attraction oriented businesses in all of Western NC with a strong and well marketed pedigree.  This well known tourist staple has not only entertained folks, but has also been a contributing factor to the local economy and generations of visitors to these mountains, of which a good number of folks have chosen to make this area their home as well.  

 

Located along a highly trafficked section of NC Hwy. 226 S centered between the Blue Ridge Parkway Exit Ramp (Mile Marker 3312),and the NC Mineral Museum along with a Walmart Super Center on the south side, and The Grassy Creek Golf and Country Club along with numerous eateries, shopping centers, car lots and the iconic Downtown Spruce Pine, NC on the North. 

 

Part I— The Property

 

When opportunity knocks- choose to own it all!   This is a rare, first time on the market opportunity to invest in one of the most iconic commercial & historical properties available in this part of Western North Carolina.  2.93 acres of prime road frontage (+/- 673.8 ft.combined) on both sides of NC Hwy. 226, with 13,000 vehicles per day traffic count. 

Located just 1 mile from one of the busiest intersections on the Blue Ridge Parkway and the NC Mineral Museum, and .25 miles from the Walmart Super Center. 

Your property will include over 450 feet on both sides of the beautiful East Fork of the Grassy Creek.  There is plenty of room to expand with more vacation rental cabins, retail, restaurants etc.… the sky is the limit for this exceptional property.  

City Water/Sewer, along with Natural Gas are available to tap on bringing this property to its highest and best value with proper value adds, such as multi-family housing, restaurants, retail and other investment ideas. 

The structures in place include a +/- 7,318.12 sq.ft. commercial bldg./warehouse space, +/- 4,386.26 sq.ft. of retail/business shops, along with a +/- 452.32 sq.ft., 1BD/1BA log cabin and a +/- 2,299 sq.ft. 4BD/2BA home with an in-ground swimming pool, central heating and air, paved drive & open floor plan, all 1 mile from the Blue Ridge Parkway & 2 miles outside of downtown Spruce Pine directly in the middle of the area's main commercial district.

The property is within a 10 minute drive to all the major area employers— 7,000+ employees (major mining operations, manufacturing, regional hospital campus, dental school, government agencies, downtown retail, restaurants, legal and financial groups, super markets, building suppliers, a major regional community college with 1,000 students, and the world recognized Penland School of Crafts with 1,600 students).  

 

In fact, this property sits directly in the central heart of all the major tourist attractions that are found along the Blue Ridge Parkway. 

This is your chance to own legacy and a major part of Local/Appalachian Americana Roadside Attractions, but the property would also be suited for a number of other uses from office, retail, restaurants, light manufacturing to medical and even funeral type service providing jobs.   

So herein is presented a great commercial value and it delivers the opportunity to value-add and be a major influence on this region of Western North Carolina. 2.93 acres combined and over 14,455 square foot of structures combined.  

The property is located just 30 minutes from Lake James, Marion, and I-40; 50 minutes to Asheville, NC, and 50 minutes to Boone, NC.  The entire Spruce Pine area is located just 2 hours from Charlotte, NC and the area has become the mountain getaway for the entire Piedmont region of North Carolina. 

Part II— The Economic Landscape

NC boasts a low corporate income tax rate of just 2.5% (the lowest out of the 4 states that levy this tax), and Mitchell County maintains one of the lowest property taxes in NC and is also a Certified Entrepreneurial Community, and a Tier-1 Ranking.    Mitchell County Economic Development, Chamber of Commerce, County Inspections and elected officials are eager to work with and meet the needs for job creation buyers.  

"Trains, mines, timber, and tourism have made up the economic wealth of this entire region.”

 

Part III— The Town
Spruce Pine, NC

 Just a couple miles north is the town of Spruce Pine, which is the largest “small town” between Asheville, NC and Boone, NC with a burgeoning economy and a strong index for growth.  It is a place for artists to pour out their art and soul with an inspiration that only these ancient mountains can provide.  

Spruce Pine began life as a train town, but the whole area had already established itself as a gem stone and mining center, as well as a timber resource many years before. 

Major employers for the area, outside of retail and hospitality include Bombardier Motor Corp. of America (makers of Can-Am & SeeDo), along with Buck Stove Corporation, Sibelco North America, and the Quartz Corp. USA— all having established their companies and livelihood here amongst all those so fortunate to call this place home, and providing good incomes to nearly 4,000 individuals.  In addition, within less that 10 miles, another 4,000+ people are employed at Baxter’s Healthcare and at two major state correctional facilities located just across the county line. 

Opening next summer, the YMCA will provide a brand new wellness center featuring top-of-the-line cardio equipment, weight machines, free weights, and an indoor track, as well as an aquatic center featuring pool exercise and  play for all ages of children an adults.  This facility will also have an indoor athletic center. 

Just a couple miles from this property is the Blue Ridge Regional Hospital & Medical Campus, in addition to top tier medical services, the campus hosts the East Carolina University School of Dentistry along with other medical facilities and offices, not only providing the region’s main healthcare, but also serving as another major employment center for the area. 

In addition to the natural beauty being located just off the Blue Ridge Parkway and a hop-skip and jump across the county from the Appalachian Trail, the town has a burgeoning and vibrant dining and entertainment scene.  

Breathtaking views of the most beautiful place on earth bring tourism and inspire coveted retirement havens; and trains, mines, timber, and industry together have made up the economic wealth of this entire region.

Spruce Pine, NC really is in the center of it all here in the Blue Ridge Mountains of Western North Carolina and Eastern Tennessee.  

Here we have a distinct 4 seasons, without the extremes.   We have a fairly mild climate except on those rare winter days when the altitude gets the better of our latitude, but for the most part, you will have year round comfort assurance.

The areas surrounding Spruce Pine offer breathtaking views and pristine waters, centered in the highest peaks of the mountains of North Carolina.  We are a safe place to adventure and live.  With our low taxes, low crime rate, emphasis on freedom, and improving infrastructure we are a place to grow and have opportunity.

People move here to get away from the hustle and bustle of the rest of the world.  Our realm is safe, clean, and still retains a degree of the ancient wild.  People desire our beautiful mountain views, and clear pristine waters.  Such natural capital as exists here keeps our market strong even during economic downturns.

 

 

Highlight - In Depth Walkthrough Video

 

Fast Forward to:

Gem Mountain : https://youtu.be/MYLPfTaooU8?t=282

One Bed Room Cabin: https://youtu.be/MYLPfTaooU8?t=820

Build to Suite Space/3 Bay Garage: https://youtu.be/MYLPfTaooU8?t=1092

Primary Home: https://youtu.be/MYLPfTaooU8?t=1448

 

 

 

 

Gem Mountain 360 Virtual Tour

Spruce Pine 360 Virtual Tour