Listing provided courtesy of NC Mountain Real EstateMLS# 4375348MLS ProviderContact Information: [email protected]
  • 60 days on site
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A rare opportunity to own a piece of western North Carolina history in the heart of Downtown Canton. This over 3,000 square foot commercial property has stood in this community for over a century — a landmark address with timeless appeal and serious commercial potential. Ideally situated between two of Canton's most beloved local businesses, Bearwaters Brewing and Pigeon River Outfitters, this property benefits from established foot traffic in one of Haywood County's most active and evolving downtown corridors. Whether you're an investor, developer, or entrepreneur, the location alone tells the story — this is where Canton comes to gather. The property offers generous square footage paired with ample on-site parking, a combination that is increasingly difficult to find in downtown settings. The flexible layout lends itself to a wide range of commercial uses including retail, restaurant, event space, office, or mixed-use development. Canton's downtown has seen remarkable momentum, and this property sits squarely in the center of that growth. With the natural beauty of the Pigeon River, proximity to the Blue Ridge Parkway, and a community that fiercely supports local business, the demand for quality commercial space in this market continues to rise. Properties with this kind of history, location, and development potential rarely come available. If you've been waiting for the right opportunity in Western North Carolina — this is it.

Source: Canopy MLS, MLS#: 4375348

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  • Property Type
    Commercial Sale

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Ivester Jackson Christie's

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  • Median Age
    44
  • Population Density
    114
  • College Educated
    33%
  • Estimated Median Income
    $51,233
  • Estimated Total Home Owners
    5,557
  • Estimated Total Renters
    2,080
  • Owner / Renter Divide
    73% / 27%
  • Estimated Average Household Size
    2
  • Total Population
    18,095
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 31 Penland Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/30/2026Source: Canopy MLS Added to Database
April 30, 2026
6/7/2024Source: Canopy MLS Status Change
Closed
5/2/2024Source: Canopy MLS Status Change
Under Contract-Show
4/3/2024Source: Canopy MLS Added to Database
April 03, 2024