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$800,000
4394713 MLS ACTIVE Status
Value-Add Commercial Investment Opportunity in Bakersville. Excellent opportunity to acquire a multi-building commercial property on approximately 1.85 acres in Bakersville, offering existing income, substantial usable space, and long-term value-add potential. The property includes two buildings with ample parking, newer roofing on both structures, and the potential for subdivision, creating flexibility for an investor, owner-user, or developer. The primary building is occupied by Dollar General, a nationally recognized tenant currently operating under a 2-year lease with a 5-year renewal option. This provides immediate cash flow and the stability of an established retail tenant while allowing a new owner to explore additional upside throughout the property. Beneath the Dollar General space is a large two-bay warehouse totaling approximately 7,425 square feet. The warehouse features two oversized barn doors measuring approximately 15 feet wide by 10 feet high, making the space well-suited for storage, distribution, contractor use, light industrial operations, workshop space, or other commercial uses. Activating or leasing this underutilized warehouse area presents a clear opportunity to create additional income and improve the overall performance of the asset. The second building is approximately 1,475 square feet and was originally constructed for restaurant use. It is currently configured as office space and is unoccupied, offering immediate potential for an owner-user or a new tenant. The building also includes a full-size unfinished basement, providing additional storage or future improvement potential. With income already in place from the Dollar General lease, significant warehouse square footage available for additional use or leasing, and a separate vacant building ready for repositioning, this property offers multiple paths to value creation. The 1.85-acre site, ample parking, and potential subdivision further enhance the flexibility of the offering. A rare Bakersville commercial opportunity combining national-tenant cash flow, value-add upside, and adaptable space for a wide range of commercial uses.

381-395 Crimson Laurel Way, Bakersville

Listing courtesy of NAI Beverly-Hanks. ian.moorrees@naibeverly-hanks.com

$324,900
4366802 MLS ACTIVE Status
Prime commercial location in the heart of Bakersville. This building is on a corner lot with high visibility. What is your vision for this hard to find property. This building is ready for you to make it your own space. Was most recently used as a clay studio and gallery but you can make it your own. This building is in excellent condition with updated electrical, some new plumbing, original hardwood floors which are in great condition, original tin ceilings and fresh paint on the walls. The exterior has recently been pressure washed giving it new life. It has a half bath and an additional front sink area. Upgraded HVAC with remote controlled mini split and a free-standing propane gas log fireplace. There are 3 unfinished rooms in the back, great for storage, or you could finish and have additional space suited to your needs. Also, you will be able to have access from the back for loading and unloading supplies. So many things you could do with this property, studio/gallery, danced studio, deli/café, clothing store, country store, antique store, office space, and so much more. You have additional parking across the street making this a perfect business space. Over 1300 square feet of heated space and an additional 600 +/- unheated space. You even have plenty of sidewalk space to showcase your goods or seating if you should decide to make this an eatery. Just a short walk or drive to the new Mitchell County Recreation/Athletic Center, you are only a short drive to Penland School of Crafts, Roan Mountain, Spruce Pine, and Johnson City. Let’s not forget that Bakersville is not only the county seat of Mitchell County but also home to the Rhododendron Festival and other festivals. Enjoy the Bakersville Creek Walk which is just across the street. It will be better than ever after Helene clean up. What are you waiting for, give us a call today to preview this beautiful building. This building did not have any damage for Helene storm. Property is being Sold AS IS.

7 N Mitchell Avenue, Bakersville

Listing courtesy of Tree House Mountain Realty,Inc. rebecca@treehousemtn.com

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