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Mixed-Use Property with On-Site Parking
For Sale
$199,900

31 Penland Street, Canton, NC 28716

A flexible commercial layout offers potential for retail, restaurant, office, event, or mixed-use occupancy.

Property SizeContact for details
Days on Market8

Property Features for 31 Penland Street

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1920
Buildings 1
Listing Agency: NC Mountain Real Estate
Listed By: April Monday · License #295690
Source: Geoffcampbell
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 29 at 10:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NC Mountain Real Estate

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Investment Insights

Based on property information with market context.

Built in 1920, this commercial property at 31 Penland Street contains over 3,000 square feet and on-site parking. Its layout is presented as adaptable for retail, restaurant, office, event, or mixed-use purposes.

The property is in downtown Canton, between Bearwaters Brewing and Pigeon River Outfitters. Its central downtown setting places it among local businesses.

Key Highlights

  • Over 3,000 square feet of commercial space
  • Built in 1920
  • On‑site parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Law Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

352
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 73% Shops & Services 27%
Food Lion Grocery Store Groceries
15,900 visits/mo 0.4 miles
BP Shops & Services
4,141 visits/mo 0.3 miles
Advance Auto Parts Shops & Services
1,111 visits/mo 0.2 miles
American Automobile Association (AAA) Shops & Services
738 visits/mo 0.5 miles

Demographics for 28716, NC

17,710
Population
8,590
Households
2.1
Avg Household Size
45
Median Age
24%
College-Educated
92%
High-School Grad
158.7 sq mi
ZIP Area
112
Density / Sq Mi
$60,008
Median Household Income
$43,266
Median Earnings
$961
Median Rent
$223,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A flexible commercial layout offers potential for retail, restaurant, office, event, or mixed-use occupancy.
Where is this mixed-use property located?
The property is located at 31 Penland Street Canton, NC.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Over 3,000 square feet of commercial space; Built in 1920; On‑site parking
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