21
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$199,900
Est. payment /mo
0.38 Acres Lot
Active
31 Penland ST Canton, NC 28716
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4375348
Year Built 1920
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Business
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.
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.
Location
State NC
County Haywood
Zoning CNC-2
Rooms
Basement Interior Entry
Interior
Flooring Concrete
Inclusions Building, Land
Exterior
Utilities Available Natural Gas
View City, Mountain(s)
Roof Type Composition,Rubber
Street Surface Gravel
Accessibility Two or More Access Exits
Building
Lot Description Flood Plain/Bottom Land, Level
Dwelling Type Site Built
Foundation Basement
Sewer Public Sewer
Water City
New Construction false
Others
Senior Community false
Restrictions Other - See Remarks
Acceptable Financing Cash, Owner Financing
Listing Terms Cash, Owner Financing
Special Listing Condition None
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by April Monday • NC Mountain Real Estate • aprilsellsanyday@gmail.com
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