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Est. Mortgage: $/month

Federal 30-year interest rate: 6.81% last updated on 2024-11-27

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353 Park Street Canton NC 28716
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  • 4,560Square Feet
  • 0.22Acreage
  • 1937Year Built
  • ClosedMLS Status
Special commercial investment opportunity in the heart of Canton. With the papermill recently retiring, investors have been eager to invest in the future of downtown Canton. There are two buildings, one occupied and one vacant. The occupied building has 8 studio units, all occupied @ 800/mo. Utilities seller sponsored. Not individually metered. Power/water/sewer/trash/bulk cable apx 900/mo. total. The vacant building will need to be renovated as it has old flood damage from the flood of 2021. It has been gutted where damage occurred to prevent further damage. The vacant building could be another 10-12 studios per seller.
Listed by Pamela Williams of Allen Tate/Beverly-Hanks Waynesville (pamela.williams@allentate.com)

Listing Sold by Allen Tate/Beverly-Hanks Waynesville

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Basic Information

  • ForeclosureN
  • List Price$850,000
  • MLS NumberCAR4060045
  • MLS StatusClosed
  • Property SubTypeBED/BREAKFAST
  • Sale Date07/12/2024
  • Sale Price$775,000

Interior

  • Flooring Vinyl

Amenities

  • ViewCity

Other

  • View Count28

Tax Information

  • Taxes$125,000

Building

  • Foundation Details Permanent
  • Square Feet4,560
  • Year Built1937

Property

  • Acreage0.22
  • Parking Spaces
  • Water Source City

Utilities

  • Cooling Window Unit(s)
  • Heating Electric
  • Sewer Public Sewer
  • Utilities Cable Available

Location

  • Building Number353
  • CountyHaywood
  • Cross Street Penland
  • Directions Directly beside Bearwater Brewing in Canton. Corner of Penland St and US-19.
  • StateNC
  • StreetPark Street
  • Zip28716

Exterior

  • Roof Metal

Property Information

  • Construction Materials Brick Full
  • Inclusions Building, Land
  • Number Of Buildings 2

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

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