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Historic Mixed-Use Property
For Sale
$199,900

31 Penland Street, Canton, NC 28716

Commercial Sale, Canton, NC

Property SizeContact for details
Lot Size0.38 Acres
Days on Market115

Property Features for 31 Penland Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description CNC-2
Rooms Basement
Basement Interior Entry
Lot features Flood Plain/ Bottom Land, Level
View City
Directions From Main Street in Canton: turn left onto Penland Street. Building will be on the right.
Standard status Active
APN 8657-60-9299
Lot size 0.38 Acres

Taxes and HOA fees

Tax Description PT #24-25 PENLAND HEIRS
Legal Description PT #24-25 PENLAND HEIRS

Utilities

Sewer type Public Sewer

Amenities

on-site parking

Building Details

Year built 1920
Flooring type Concrete
Roof type Rubber, Composition
Listing Agency: NC Mountain Real Estate
Listed By: April Monday · License #295690
Added: Apr 30 Changed: Aug 21 Last Checked: Aug 22 at 6:06AM
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.

This mixed-use commercial property at 31 Penland Street dates to 1920 and occupies a 0.38-acre site in downtown Canton. The building includes basement space, concrete flooring, rubber and composition roofing, and service from a public sewer system. Its layout is described as adaptable for retail, restaurant, event, office, or mixed-use applications.

The property sits between Bearwaters Brewing and Pigeon River Outfitters within Canton's downtown business corridor. On-site parking is available, adding a practical feature for a central commercial setting. The location is also identified as being near the Pigeon River and the Blue Ridge Parkway.

Key Highlights

  • 0.38‑acre mixed‑use commercial property at 31 Penland Street, Canton, NC 28716
  • 1920 construction date
  • Basement space with concrete flooring

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Nail Salon 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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible layout includes basement space, concrete flooring, and public sewer service.
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: 0.38‑acre mixed‑use commercial property at 31 Penland Street, Canton, NC 28716; 1920 construction date; Basement space with concrete flooring
More about this property
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