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Downtown Mixed-Use Commercial Building

31 Penland Street Canton, NC 28716

Claim this Listing
For Sale
$219,000

COMMERCIAL - Canton, NC

Property size:
3,000 SF
Lot size:
0.38 Acres
Price / SF:
$73/SF
Added:
Apr 30, 2026
Days on Market:
76
Last Refresh:
Jul 14 at 11:06 am

Property Features for 31 Penland Street

General Information

Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Basement
Interior Entry
Standard status
Active
APN
8657-60-9299
Lot size
0.38 Acres

Taxes and HOA fees

Tax Description
PT #24-25 PENLAND HEIRS

Utilities

Sewer type
Public Sewer

Building Details

Year built
1920
Flooring type
Concrete
Roof type
Composition, Rubber

Listing agent April Monday License #295690

Listing office NC Mountain Real Estate 1609 E Main St., Sylva, NC

Listing date Apr 30, 2026

MLS# 4375348

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located at 31 Penland Street in downtown Canton, NC, this over 3,000 square foot commercial property is offered for sale and has been a landmark in the community for more than a century. The building’s flexible layout supports a range of commercial concepts, including retail, restaurant use, event space, office space, and potential mixed-use redevelopment. Set on approximately 0.38 acres, the property also includes ample on-site parking to support day-to-day operations.

The property is positioned between Bearwaters Brewing and Pigeon River Outfitters, placing it along a well-established downtown shopping and leisure corridor. With its central downtown presence, the building benefits from the kinds of local activity that typically draw consistent public visits to walkable retail and service destinations.

For buyers and operators, the building’s mix of size, parking, and adaptable interior configuration makes it practical for a variety of uses that need both customer accessibility and functional space planning. Whether you’re evaluating retail frontage requirements, a restaurant or event setup, or an office-oriented buildout, this property provides a longstanding downtown address with room to tailor the layout to your business plan.

Key Highlights

  • Over 3,000 SF downtown Canton commercial building built in 1920
  • Concrete flooring throughout
  • Rubber and composition roof

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Dental Office Building Supply Law Firm Nail Salon HVAC Service Big Box & Wholesale Store Spa & Massage Center (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

FAQs

What type of property is this?
Retail space - Over 3,000 sf downtown commercial building with a flexible layout and ample on-site parking.
Where is this retail space located?
The property is located at 31 Penland Street Canton, NC.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Over 3,000 SF downtown Canton commercial building built in 1920; Concrete flooring throughout; Rubber and composition roof
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More about this property
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