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47 Catawba Avenue

Old Fort, NC 28762
  • $899,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: 4310424
UPDATED: 25 min ago
$899,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1905
County:
Area:

School Ratings & Info

Canopy MLS logo Offered by Greybeard Realty Old Fort Office: 828-668-6077. Copyright 2025 Canopy MLS. All rights reserved.

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 and 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!

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MLS Grid logo Based on information submitted to the MLS GRID as of 2025-12-08T07:34:04.637 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Carlyle Properties nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2025 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
www.carlyleproperties.com/homes/168734099
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47 Catawba Avenue Old Fort, NC 28762

  • Price: $899,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 25 min ago
  • ID#: 4310424
0
Beds
0
Baths
0
½ Baths
0.37
Acres
1905
Built
County:
Mcdowell
Area:
Old Fort
Property 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 and 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!
Exterior Features

Carport YN No Construction Materials Brick Full Construction Type Site Built Foundation Details Slab Lot Features Corner LotLevelOpen Lot Other Parking Additional lot for parking only (if desired). Currently there is an asphalt parking lot behind the building. Out Buildings YN Other - See Remarks Parking Features Parking LotParking Space(s) Road Frontage Type State Road Road Responsibility Publicly Maintained Road Road Surface Type Paved Roof Other - See Remarks

Interior Features

Additional Parcels Description 065906489770 Appliances None Basement YN No Cooling None Flooring ConcreteWood Heating None

Property Features

Accessibility Features Zero-Grade Entry Additional Parcels YN True Association YN No Auction YN No CCRSubject To No City Taxes Paid To Old Fort Commercial Location Description CornerGeneral Business District Construction Status Completed Elevation 1000 Flood Plain No Hoa Subject To None Inclusions BuildingLandOther Inside City YN Yes Lease Considered YN No New Construction YN No Possible Use CommercialIndustrialResidential Property Sub Type Unimproved Commercial Restrictions Short Term Rental AllowedOther - See RemarksN/A Restrictions Description No county zoning in McDowell County. In City of Limits of Old Fort. Security Features Fire Sprinkler System Senior Community YN No Sewer Public SewerTap Fee Required Special Listing Conditions None Water Source CityTap Fee RequiredOther - See Remarks Zoning None



MLS Grid logo Based on information submitted to the MLS GRID as of 2025-12-08T07:34:04.637 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Carlyle Properties nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2025 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Carlyle Properties
19520 W Catawba Ave Suite 113
Cornelius NC, 28031
Canopy MLS logo Offered by Greybeard Realty Old Fort Office: 828-668-6077. Copyright 2025 Canopy MLS. All rights reserved.