QSR Opportunity In Spruce Pine, NC

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Foxfire Real Estate is pleased to offer for sale, to qualified operators and investors, this Spruce Pine, NC EXCLUSIVE OPPORTUNITY!  

2,732 sq.ft. former Hardees restaurant building. 

1.13 acres just adjacent to historic downtown.  

Renovated in 2012.  

Partially equipped, along with tables and chairs in the dining area. Hoods, ovens, ice cream cabinet, walk-in freezer/refrigeration, drive-thru, New HVAC (10 ton and 3 ton units), Roof replaced- 2018 with 10 year warranty, natural gas line to the building, 34 parking spaces, dumpster & utility corral, 205’ of road frontage on US Hwy. 19-E, and city street in rear (Cabin Road).  

Hwy. 19-E is set for a 4-lane expansion (Right-of-Ways to be purchased) with 9,300 vehicles per day current.  Visibility- exposure on major east-west arterial thoroughfare connecting Asheville, NC to Boone, NC.  

Central to all major area employers within ½ to 3 miles with 3,500-4,000 employed individuals (major mining operations, regional hospital campus, dental school, government agencies, downtown retail, restaurants, legal and financial groups, super market, building suppliers, a major regional community college with 1,000 students, and the world recognized Penland School of Crafts with 1,600 students).

Spruce Pine is the largest “small town” between Asheville, NC and Boone, NC with a burgeoning economy and a strong index for growth.  There are many small towns that boast being on the verge of “revitalizing,” but how many are located in the heart of a mountain paradise?  In this dynamo of a town with a vigorous mining industry expansion we see opportunities hitherto un-afforded to other towns similar in size.

  Although the population within the city limits is just over 2,000, the town brings in around 28,782 people per day from the adjacent census tracts, with people coming into town for dining, shopping, medical and legal services, entertainment, and work.   

Spruce Pine began life as a train town, but the whole area had already established itself as a timber resource, and a gem stone and mining center many years before.  Bombardier Motor Corp. of America (makers of Can-Am & SeeDo), along with Buck Stove Corporation, Sibelco North America, and the Quartz Corp. USA have established their companies and livelihood here amongst all those so fortunate to call this place home.  

In addition to the natural beauty being located just off the Blue Ridge Parkway and the organic  growth of the area, due to a major $500 million dollar expansion taking place within one of the major mining organizations, Spruce Pine is gaining employment, housing, and educational opportunities.  

"Trains, mines, timber, industry— along with breathtaking views of the most beautiful place on earth bringing tourism and inspiring retirement have made up the economic wealth of this entire region." 

 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.   

Spruce Pine 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.  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.

Median Household Incomes

Spruce Pine        $44,375
Burnsville            $33,961
Bakersville          $49,782


Mitchell County Employment by Industry/Percentage of Workforce

Agriculture, Forestry, Mining.                                      8.11%
Construction                                                                7.11%
  Manufacturing                                                             16.57%
Wholesale Trade                                                         1.70%
Retail Trade                                                                 8.55%
Transportation, Warehousing, Utilities                         3.28%
Information                                                                   2.10%
Finance, Insurance, Real Estate                                  3.28%
Professional, Scientific, Management                          4.45%
  Educational, Health Care, Social Services                   25.02%
Arts, Entertainment, Recreation                                   3.04%
Public Administration                                                    7.02%
Other Services                                                              8.44%

 

Property Details of 6187 E Us Highway 19e Highway

Property Details

Exterior Features

Map Location

Driving Directions

Listed by Peter Franklin and Joshua Huskins of Foxfire Real Estate,LLC (Peter@FoxfireElite.com)

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