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!
- Heating System:
- None
- Cooling System:
- None
- Parking:
- Parking Lot, Parking Space(s)
- Flooring:
- Wood, Concrete
- Sewer:
- Other - See Remarks, Public Sewer, Tap Fee Required
- Appliances:
- None
- Country:
- US
- State:
- NC
- County:
- Mc Dowell
- City:
- Old Fort
- Zipcode:
- 28762
- Street:
- Catawba
- Street Number:
- 47
- Street Suffix:
- Avenue
- Longitude:
- W83° 49' 8.1''
- Latitude:
- N35° 37' 41.9''
- Directions:
- Interstate 40 to Exit 73 Old Fort. Go north on CATAWBA AVE. PROPERTY ON RIGHT BEFORE RAILROAD TRACKS
- Zoning:
- None
- Office Name:
- Greybeard Realty Old Fort Office
- Agent Name:
- Jeannie Conner
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- Accessibility Features:
- Zero-Grade Entry
- Construction Materials:
- Brick Full
- Foundation Details:
- Slab
- Lot Features:
- Level, Corner Lot, Open Lot
- Possible Use:
- Commercial,Industrial,Residential
- Previous Price:
- 899000
- Stories:
- 2
- Video Url:
- https://iframe.videodelivery.net/5b0b00af22382e6773711ea243ca6aaf
- Virtual Tour:
- https://iframe.videodelivery.net/5b0b00af22382e6773711ea243ca6aaf
- Water Source:
- City, Other - See Remarks, Tap Fee Required
- List Agent Mls Id:
- jconner
- List Office Mls Id:
- 10642
- Mls Status:
- Active
- Modification Timestamp:
- 2026-10-02T04:30:05Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2025-10-10T03:00:43Z
Commercial Sale For Sale
47 Catawba Avenue, Old Fort, North Carolina 28762
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 4310424
- Price :
- $849,000
- Year Built :
- 1905
- Status :
- Active
- Property Sub Type :
- Unimproved Commercial
- Roof:
- Other - See Remarks
