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    339 Park St Canton, NC 28716

    Sponsored
    For Sale
    $1,995,000

    Historic building, brewery potential, 5,040 sq ft.

    Property size:
    5,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 339 Park St. in desirable downtown Canton, North Carolina, presents a unique investment opportunity. The 5,040 square foot building, originally constructed in 1946 with durable concrete brick and pre-World War II steel from Bethlehem, PA, sits on a 0.64-acre lot and boasts 29 parking spaces. Currently configured as a bar and restaurant, the property is zoned GB and offers significant potential for various uses. The building features a specific mechanical steam-jacketed brewhouse, a custom-designed, energy-efficient heating system utilizing steam from the brewhouse routed through coils in high-efficiency heat pumps, and a high-efficiency, 3-phase electrical system with 100% LED lighting. All appliances operate on natural gas, and the electrical and mechanical systems are compliant with FEMA flood code requirements. The property's prime location on the banks of the Pigeon River adds to its appeal. Note that the Bearwaters business name and trademark are not included in the sale. The asking price is $1,995,000, translating to $395.83 per square foot. The property's APN is 8657-70-0385. This is a rare chance to acquire a well-equipped, historically significant commercial property in a thriving downtown location.

    Property Features for 339 Park St

    General Information

    Property type
    Restaurants
    Square Feet
    5,040 SF
    Lot Size
    27,878 SF

    Building Details

    Year Built
    1946

    HighLights

    • 5,040 SF building on a 0.64‑acre lot with 29 parking spaces in downtown Canton, NC.
    • Currently operating as a bar and restaurant, zoned GB with flexible use potential.
    • Features a steam‑jacketed brewhouse, energy‑efficient heating system, and a high‑efficiency 3‑phase electrical system with 100% LED lighting.
    • All appliances are natural gas; systems are FEMA flood code compliant.
    • Asking price: $1,995,000 ($395.83/SF); APN: 8657‑70‑0385.
    Property Profile Location Intelligence

    Current Use by Public Records

    BearWaters Brewing Company: ... Brewpub

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Haywood
    State
    North Carolina
    Longitude
    -82.84266
    Latitude
    35.531263

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    FAQs

    What type of property is this?
    Restaurant - Historic building, brewery potential, 5,040 sq ft.
    Where is this restaurant located?
    The property is located at 339 Park St Canton, NC.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: 5,040 SF building on a 0.64-acre lot with 29 parking spaces in downtown Canton, NC.; Currently operating as a bar and restaurant, zoned GB with flexible use potential.; Features a steam-jacketed brewhouse, energy-efficient heating system, and a high-efficiency 3-phase electrical system with 100% LED lighting.
    Request Owner's contact information
    339 Park St Canton, NC 28716
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    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
    339 Park St Canton, NC 28716
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