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Stella Loflin

stella@stellaloflin.com +1(336) 972-3467

$ 1,700,000

Est. payment | -/mo

39,245 SqFt

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$ 1,700,000

Est. payment | -/mo

Save Virtual Tour

39,245 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 39,245 sqft

Price per Sqft $43

MLS Listing ID 98544446

Style Steel Frame

Year Built 1950

Lot Size 0.576 Acres

Acres 0.57

Lot Dimensions 0.5760

Source Hive MLS

Property Description

A rare downtown Bryson City asset combining scale, location, and repositioning upside in one of Western North Carolina's most tourism-driven markets. Located in the heart of downtown directly across from the vibrant Great Smoky Mountain Railroad Depot, 61 Depot Street offers a rare opportunity to acquire a 39,254 SF mixed-use asset in one of Western North Carolina's most tourism-driven markets. Bryson City processes more visitor dollars through its local economy than towns five to ten times its size & this property combines in-place income with substantial value-add potential. The building features multiple income streams including CJ's Grille (~$3,900/month) & short-term rental units (~3,500/month), along with a large vacant former Nantahala Brewing Company space primed for reactivation. The brewery component alone presents an opportunity to generate an additional $5,000–$6,000 per month, restoring & potentially exceeding prior stabilized performance of an 8.75% cap rate. Situated on 0.576 acres with 165 feet of frontage on Depot Street, the three-story Class B structure offers flexibility for retail, restaurant, hospitality, or experiential redevelopment. The location benefits from consistent tourist traffic driven by the Great Smoky Mountains National Park and the railroad attraction directly across the street. Bryson City and Swain County continue to see strong tourism growth, with over $232 million in annual visitor spending and increasing demand for short-term rentals, dining, and destination experiences. This property is ideally positioned to capture that demand. Ideal for investors or owner-operators seeking a high-visibility, income-producing asset with significant upside through lease-up, repositioning, or redevelopment into a flagship destination property. Downtown Bryson City's combination of strong occupancy & diversified spending composition produces compelling attractive opportunities to leverage with this unique property into high cap rate

Location

State NC

County Swain

Zoning Other-See Remarks

Direction From Bryson City Evertett Street, goto Depot Street

Interior

Heating Heat Pump

Cooling Central Air

Flooring Concrete, Tile, Hardwood, Plank

Exterior

Parking Features Other

Utilities Available Cable High Speed, Fixed Wireless High Speed, Satellite Internet

Roof Type Insulated,Metal

Garage No

Building

Lot Description Level

Foundation Slab

Water Public

Others

Tax ID 667419519533

Virtual Tour https://my.matterport.com/show/?m=hAwZ8wsvFKW

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors

Listed by Old Town Brokers

Nearby Locations

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+1(336) 972-3467

stella@stellaloflin.com

5960 Fairview Rd Ste 400,, Charlotte, NC, 28210

61 Depot ST Bryson City, NC 28713

Stella Loflin

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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61 Depot ST