61 Depot Street, Bryson City, NC 28713
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61 Depot Street, Bryson City, NC 28713
61 Depot Street, Bryson City, NC 28713
61 Depot Street, Bryson City, NC 28713
61 Depot Street, Bryson City, NC 28713
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Listed by Robin Sargent (MLS Only) Old Town Brokers
$ 1,598,000
Est. payment /mo
Price Dropped by $102K

61 Depot Street Bryson City, NC 28713

7 Baths

39,245 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 39,245 sqft

Price per Sqft $40

MLS Listing ID 26047543

Year Built 1950

Annual Tax Amount $4,687

Tax Year 4687

Lot Size 0.567 Acres

Lot Dimensions 24698.52

Property Sub-Type Commercial

Property Description

A rare downtown Bryson City asset combining scale, location, and repositioning upside in one of Western North Carolina's most tourism-driven markets. Located in the heart of downtown directly across from the vibrant Great Smoky Mountain Railroad Depot, 61 Depot Street offers a rare opportunity to acquire a 39,254 SF mixed-use asset in one of Western North Carolina's most tourism-driven markets. Bryson City processes more visitor dollars through its local economy than towns five to ten times its size & this property combines in-place income with substantial value-add potential. The building features multiple income streams including CJ's Grille (~$3,900/month) & short-term rental units (~3,500/month), along with a large vacant former Nantahala Brewing Company space primed for reactivation. The brewery component alone presents an opportunity to generate an additional $5,000–$6,000 per month, restoring & potentially exceeding prior stabilized performance of an 8.75% cap rate. Situated on 0.576 acres with 165 feet of frontage on Depot Street, the three-story Class B structure offers flexibility for retail, restaurant, hospitality, or experiential redevelopment.

Location

State NC

Area Bryson City Limits

Interior

Heating Electric Heat Pump

Cooling Central Electric

Flooring Hardwood, Tile, Concrete, Luxury Vinyl Plank, Engineered Hardwood

Exterior

Parking Features On Street

View Y/N false

Roof Type Steel Joist,Metal,Insulated

Garage No

Building

Lot Description City, Other-See Remarks, City Lot

Others

Acceptable Financing Other-See Remarks

Listing Terms Other-See Remarks

Virtual Tour https://tour.usamls.net/61-Depot-Street-Bryson-City-NC-28713--26047543/unbranded


Laurie Pratt

Laurie Pratt

Broker NC License 326933GA License 395157SC License 115483

+1(828) 735-2372

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61 Depot Street