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Active

47 Catawba Avenue

Old Fort, NC 28762

Active 292 days on market Listing ID CAR 288462315

$849,000

Est. $4,880/mo — See my rate

$2,294,595/acre

.37 acres · $2,294,595/acre

.37 Acres
Zoning —
Unimproved Commercial
Listed Oct 9, 2025 Updated Apr 2, 2026

Land Essentials

PowerUnknownWaterCity, Tap Fee Required, Other See RemarksSewerPublicTopographyCorner Lot, Level, Open Lot

Location

Address
47 Catawba Avenue
City
Old Fort, NC 28762
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About This Home

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!

Property Details

Interior Details

Heating
  • None
Flooring
  • Concrete
  • Wood
Inclusions
  • Building
  • Land
  • Other
Sqftwarehouse
8190
Sqftmaximumlease
0.00
Sqftminimumlease
0.00
Security Features
  • Fire Sprinkler System
Sqftavailablemaximum
8190
Sqftavailableminimum
8190

Dwelling And Structure

Accessibility Features
  • Zero-Grade Entry

Parking And Garage

Parking Features
  • Parking Lot
  • Parking Space(s)

Exterior Features

Roof
  • Other - See Remarks
Construction Materials
  • Brick Full

Lot And Land

Lot Features
  • Corner Lot
  • Level
  • Open Lot
Lot Size Acres
0.37
Lot Size Units
Acres
Other Structures
  • Other - See Remarks

Basement And Foundation

Foundation Details
  • Slab

Utilities

Sewer
  • Public Sewer
  • Tap Fee Required
  • Other - See Remarks
Water Source
  • City
  • Tap Fee Required
  • Other - See Remarks

Financial Information

Citytaxespaidto
Old Fort
Ceilingheightfeet
13

Zoning And Restrictions

Zoningspecification
None

Multi Unit Details

Number Of Buildings
1

Listed by Jeannie Conner (828-447-3891) · Greybeard Realty Old Fort Office (828-668-6077)

Canopy MLS

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