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670 Oak Avenue , Spruce Pine, NC 28777

$1,375,000
  • 670 Oak Avenue , Spruce Pine, NC 28777 Main Photo

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New to the Market Active
MLS#4386676
STATUSActive PROPERTY TYPECommercial - Business

Property 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 OpportunityOwn 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.

670 Oak Avenue | MLS# 4386676

This commercial property located at 670 Oak Avenue , Spruce Pine, NC 28777 is currently listed for sale with an asking price of $1,375,000. Search Spruce Pine real estate on larekak.lakenormanrealty.com today.

Property Features

Property Type: Commercial - Business
Heating: Central, Ductless, Forced Air
Lot Size: 0.64 Acres
Roof Type: Metal, Rubber
Year Built: 1950

Feature Descriptions

Accessibility Features: Two or More Access Exits, Bath 60 Inch Turning Radius, Bath Grab Bars, Bath Low Mirrors, Bath Raised Toilet, Lever Door Handles, Entry Slope less than 1 foot, Hall Width 36 Inches or More
Appliances: Bar Fridge, Convection Microwave, Convection Oven, Dishwasher, Disposal, Double Oven, Down Draft, Dryer, Electric Cooktop, Exhaust Hood, Freezer, Gas Cooktop, Indoor Grill, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Refrigerator with Ice Maker, Warming Drawer, Wine Refrigerator
Building Features: Front Elevation
Days on Site: 2
Exterior: Vinyl, Wood
Flood Plain: No
Flooring: Laminate, Vinyl
Foundation: Slab
Lot: Corner Lot, Level, Open Lot
Lot Dimensions: 115' x 300'
Other Parking: Ample parking available both under the curbside curbside awning as well as the uncovered parking lot.
Parcel#: 0890-18-32-2096
Parking: Driveway, Parking Garage, Parking Lot
Patio/Porch: Awning(s), Covered, Deck, Enclosed, Patio, Porch, Screened
Security: yes
Security: Security System, Smoke Detector(s)
Sewer: Public Sewer
Special View Info: City
Utilities: Cable Available, Natural Gas
Water: City
Window Features: Display Window(s), Storm Window(s), Window Treatments

Listed By / Shown By

Listed By

Agency Name: Elevate Land & Realty LLC
Agency Contact: 828-504-0437

Shown By

Agent Name: Lareka Knox
Agent Phone: (980) 833-2523
Agency Title: Lake Norman Realty

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/29/2026. The listing information on this page last changed on 05/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 05/29/2026 6:27:05 PM EST) or Canopy MLS (last updated Fri 05/29/2026 6:18:19 PM EST) or Triad MLS (last updated Fri 05/29/2026 6:24:43 PM EST). Real estate listings held by brokerage firms other than Lake Norman Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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