Foxfire Real Estate is pleased to offer for sale, to qualified principals, owner-operators and investors this Top of the World Spruce Pine/Little Switzerland EXCLUSIVE!
At the apex of the mountain, in a highly visible and busy four-way interchange of The Blue Ridge Parkway (Milepost 331) and NC Hwy. 226 South and NC Hwy. 226 North, and alsoNC Hwy. 226A— between the convergence of Little Switzerland & Spruce Pine- along the rim of the Eastern Continental Divide— stands a TOP OF THE WORLD OPPORTUNITY!
Are you ready to create your ultimate scenic attraction restaurant offering a destination dining experience that folks will write home about? The possibilities for creating a one-of-a-kind profitable business to a new owner’s taste and specifications are limitless on this rare piece of ground. Now is the time to consider if it's going to be your 1-star, 2-star, or 3-star Michelin Rated Restaurant here in the High Country of NC.
2.5 Acres of the most PRIME TOURISM and COMMERCIAL property available with 180° OF PANORAMIC MULTI-MILLION DOLLAR VIEWS along the Eastern Rim of the Blue Ridge Mountains. This is a SOLID VALUABLE ASSET in the area featuring ± 1,547ft. of road frontage, with an unheard of 450 linear feet of VISIBILITY on the Blue Ridge Parkway!
[Note: Along the Parkway, as one passes over the overpass bridge towards the off-ramp, there is more than five seconds of visual/marketing, which is the industry standard for signage, and the property only 300ft. from Parkway.]
The buildings once served as a highly successful 20 room hotel, retail store, and somewhat of a destination restaurant that stayed absolutely packed up until just a few years ago. In fact, the restaurant alone, cleared over $600K in a six month time span- all during its final days of operation. This former vibrancy cannot only be reestablished, but it can be exceeded in the triple digits with the right vision and investment, to easily serve as one of the primary local and tourist destinations in the entire region.
Located visibly and diagonally from the world famous North Carolina Mineral and Gem Museum, one of the federal park's most frequently visited facilities along the Blue Ridge Parkway.
Nearly 108,900 square feet of usable property, along with 7,405 square feet of buildings under roof (3 buildings total), paved drive and parking.
The 2022 NC Traffic Count Per Day is as follows:
NC Hwy. 226S= 5,400-5,800;
Hwy. 226N= 5,100; BRP= 1,400;
Hwy. 226A= 500
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). All this will ensure the sustained local lunch crowd business as co-workers choose this ultimate view restaurant as a place to decompress and entertain.
The property experiences a distinct four 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, we have year round comfort assurance.
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. Also, Baxters Inc. just off the mountain in North Cove adds a major employer for the full-time residents that live within a 10 mile radius of this property.
"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 four states that levy this tax), and McDowell County maintains one of the lowest property taxes in NC and is a Tier-2 Ranking. The McDowell County Economic Development, Chamber of Commerce, Tourism Development Board, County Inspections and elected officials are eager to work with and meet the needs for job creation buyers.
Many of the areas surrounding this property, and especially along the Parkway, offer different types of tourist attractions from local gemstone flumes to the Orchard at Altapass, and waterfalls from Linville to Crabtree. Being centered in the highest peaks of the mountains of North Carolina, we are a safe place to adventure.
In fact, this property sits directly in the central heart of all the major tourist attractions that are found along the Blue Ridge Parkway.
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 mountain 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.
Only 5 minutes to downtown Spruce Pine or uptown Little Switzerland; 20 minutes to Marion, I-40, and Lake James; 40 minutes to Asheville, 2 hours from Charlotte.
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