$250,000

31 Penland Street, Canton, NC 28716

Commercial Property
Built in 1920
0.38acre lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Data Last Updated:: June 26, 2026 at 12:17PM
Listing Office:: NC Mountain Real Estate : 828-477-4344
MLS ID:: 4375348

Basement: Interior Entry
Flooring: Concrete

Roofing: CompositionRubber
General: Site BuiltBasement

Road/Access: City Street
Originating MLS: carolina
County: Haywood

Zoning: CNC-28657-60-9299
View: CityMountain(s)
Restrictions: Regulated by Town of Canton.

Utilities: Natural Gas
Water: City
Sewer: Public Sewer

Source: carolina

This listing courtesy of NC Mountain Real Estate

Monthly Payment

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Principal & Interest $
Property Taxes $
Home Insurance $
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