A SPACIOUS END UNIT IS NOW FOR SALE! | Image 1

47 Catawba Ave, Old Fort, NC

Real Estate

For Sale

Listed price in listed location currency (USD).

$899,000

000

MLS® 4310424

Key Facts
Description
Map

Key Facts

Type Other

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes

Days Active 103

Approx. Age 1905

MLS® Number 4310424

Property Address: 47 Catawba Ave, Old Fort, NC, 28762-8920

Average square foot calculated using Size range provided by listing agent.

Description

For Sale – Historic Downtown Old Fort Commercial Property + Additional Lot Don’t miss this rare investment opportunity in the heart of Old Fort, NC! Located at 47 Catawba Avenue, this sale includes not only the historic two-story masonry building, but also a second vacant lot, a refrigerated cargo container and architect-designed renovation plans — giving you multiple options to create something special. Location: Perfectly situated in downtown Old Fort, this end-unit property is surrounded by a growing mix of local businesses, breweries, restaurants, and outdoor attractions/ activities. With quick access to I-40, you’re only minutes from Black Mountain and a short drive to Asheville, making this a prime spot for both locals and visitors. Let it be noted that there are currently NO ZONING in this part of McDowell County. This is located in the city limits of Old Fort. This is a gateway and basecamp area to the National Forest to access many trails. Historic Character! This building is a true piece of Old Fort history with endless potential for restoration, renovation, or adaptive reuse. .20 acres with existing building with additional .171-acre vacant lot (.171 lot surveyed in 2021) Which totals approximately .371 acres The additional lot provides space for parking, outdoor seating, expansion, or future development. Opportunities Whether you’re looking to open a restaurant, retail shop, brewery, gallery, office space, residential apartments or mixed-use project, this property is a blank canvas. With the extra lot and included plans, the possibilities for growth and income generation are tremendous. Latest use is commercial warehouse space. Quality construction meant to last! New roof in 2021 with a 20 year warranty. Replaced dry sprinkler system with wet in 2021. All the plaster walls have been removed. Purchase includes 4 water meters (installed but tap fees will be required for water and sewer). Spectrum internet. Duke Energy is in the process of upgrading electrical to allow additional service meters. No damage from Helene. This property is not located in the flood zone. This property combines history, location, and potential which is a rare find in the growing Old Fort market. Bring your vision and be part of the exciting growth happening in this mountain town!

MLS® Number4310424

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1905

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Building, Land, Other

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 10, 2025List Date

$899,000List Price

Commute

Commute

Starting Address

Destination Address

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