670 Oak Ave, Spruce Pine, NC

Name: 670 Oak Ave, For Sale in Spruce Pine - eXp Realty
Brand: Elevate Land & Realty LLC
SKU: 4386676
Price: 1375000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,375,000

0050

MLS® 4386676

Key Facts
Description
Map

Key Facts

Type

Levels Commercial Sale

Size -

Garage Yes

Taxes

Days Active 2

Lot Size

Approx. Age 1950

MLS® Number 4386676

Property Address: 670 Oak Ave, Spruce Pine, NC, 28777-2808

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

Description

75 Years of History Available for the First time in Decades! The Iconic Citi Drive-In/670 on Oak Tavern and Grille: A Rare Legacy Opportunity Own a Piece of History—While You Make Your Own. For the first time in decades, the legendary City Drive-In/670 on Oak Tavern and Grille is available for acquisition. A cornerstone of the community for over 75 years, this is a rare, turn-key, and highly profitable enterprise. This offering is a comprehensive package, including the prime real estate and over $230, 000 in tangible assets. Asset list is attached. Location & Real Estate: -Situated in a high-visibility corridor with a steady traffic count of 4, 800 vehicles daily, this property offers consistent exposure to both local residents and passing travelers. The sale includes the land and the multi-building facility, ensuring your investment is backed by significant real estate value. The Multi-Faceted Facility: -The Original Grill: The heart of the operation, housing the main kitchen, counter service, and high-traffic takeout. -670 Oak Avenue: The expansive indoor dining venue featuring a full-service bar. All ABC permits are current and in place. -The Awning: Preserving the classic Americana experience with traditional curbside dining. -The Entertainment Hub: A dedicated area for live music, appetizers, and cocktails. Proven Revenue Streams -Established Event Venue: The primary destination for regional festivals, car/bike shows, and wedding receptions. -Full-Scale Catering: A robust service line for corporate meetings, community events, and weddings. -Weekly Staples: High-engagement programming including Karaoke and Trivia nights. Investment Highlights -Total Asset Inclusion: Sale includes all real estate and over $230, 000 in equipment and assets. -Turn-Key Operation: Move forward immediately with all equipment, ABC permits, and branding in place. -75+ Year Legacy: Benefit from immense brand equity and a loyal, multi-generational customer base. Note: Financials are available. A signed NDA is required before showing and any financial information is released.

MLS® Number4386676

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1950

Basement

DrivewayDriveway, Parking Garage, Parking Lot

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 27, 2026List Date

$1,375,000List Price

Commute

Commute

Starting Address

Destination Address

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