Positioned at a high-traffic, signalized intersection in Mill Spring, North Carolina, this 5.33-acre investment property offers a rare combination of income stability and future development potential. The site features a seven-unit commercial strip center, a freestanding 1,800 SF corner building currently home to a coffee and ice cream shop, and two leased residential units. All spaces are fully occupied, with commercial leases currently below market rates, presenting upside for repositioning. The property benefits from three road frontages—655 feet on SR 1368, 500 feet on Hwy 9, and 860 feet on Hwy 108—ensuring maximum visibility and accessibility. Located near Lake Lure, Lake Adger, Tryon Equestrian Center, and I-26, the site serves as a regional crossroads with direct access to Columbus, Rutherfordton, and Spartanburg, SC. The area’s demographic profile includes a median household income of $69.6K and a growing population, supporting long-term commercial viability. Infrastructure includes city water, six septic systems, and additional approved septic capacity for RV pads or tiny homes. A newly installed 52 KW Generac generator adds operational resilience and income potential. The unzoned status and unrestricted land use allow for flexible redevelopment or expansion, making this an ideal acquisition for owner-users or investors seeking a foothold in Polk County’s limited commercial inventory.