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    505 Main St Canton, NC 28716

    For Sale
    $899,999

    Three-story corner building in downtown Canton with retail and office potential.

    Property size:
    10,784 SF

    Property Features for 505 Main St

    General Information

    Size
    10,784 SF

    Building Details

    Year built
    1930

    Source: Catherine Proben Agent Catherine Proben

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Canton Three-Story Corner Building

    This three-story corner building is located in downtown Canton and experiences heavy daily vehicle and foot traffic. The building offers possibilities for retail, offices, showroom space, or storage. Natural gas is available, and the building includes a boiler system with three gas furnace units and central air conditioning. The main floor features large display windows facing two main roads in downtown Canton, along with dressing rooms and two bathrooms. The lower level also has a large display window. Storage is available throughout the building. The property includes two PINS: 8657-81-5032 and 8657-81-4084. The property size is 10784 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    That's Ranunculus Flowers, Balsam Mountain Floral

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Haywood
    State
    North Carolina
    Longitude
    -82.8375198
    Latitude
    35.5349687

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    FAQs

    What type of property is this?
    Storefront property - Three-story corner building in downtown Canton with retail and office potential.
    Where is this storefront property located?
    The property is located at 505 Main St Canton, NC.
    What is the asking price?
    The asking price for this property is $899,999.
    What are key features of this property?
    This property features: - High-traffic corner location in downtown Canton.; - Versatile 3-story building suitable for retail, office, showroom, or storage.; - Income potential through rental opportunities.
    (828) 734-9157
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    505 Main St Canton, NC 28716
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    505 Main St Canton, NC 28716
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