Description
Prime downtown investment opportunity in the heart of Canton! This historic brick commercial building offers approximately 5,900 square feet across two levels with a strong mix of retail and office tenants, providing immediate cash flow and significant upside potential.
The main level features two established retail businesses with excellent Main Street visibility and foot traffic, while the second floor includes professional office tenants and flexible workspace. The property is currently generating stable income with below-market rents, creating a compelling value-add opportunity for investors looking to increase revenue through lease adjustments and improved space utilization.
A standout feature is approximately 1,000 square feet of underutilized second-floor space, ideal for conversion into additional office suites, studios, or creative workspace. This presents a clear path to increased income and long-term appreciation.
Additional highlights include multiple entrances and exits, three half baths and one full bath, and rare rear access with parking—an important amenity in a downtown setting. The building retains its classic character while offering functional layouts suitable for a variety of commercial uses.
Located in Canton’s growing downtown corridor, just a short drive from Asheville, this property benefits from increasing demand, revitalization efforts, and a strong local business community.
Ideal for investors, owner-users, or those seeking a value-add commercial asset with immediate income and long-term upside.
Address
Open on Google Maps-
Address: 338 Main Street
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City: Canton
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State/county: NC
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Zip/Postal Code: 28716
Details
Updated on April 16, 2026 at 12:29 pm-
Property ID 4368822
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Price $395,000
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Property Size 5940 m²
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Bathrooms 4
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Garage Size x x
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Year Built 1914
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Property Type Office, Commercial Sale
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Conventional,Nonconforming Loan,Private
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Roof Flat,Rubber
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Utilities Cable Available,Electricity Connected,Natural Gas
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Sewer Public Sewer
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Cooling Heat Pump
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Heating Heat Pump,Natural Gas
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Flooring Carpet
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County Haywood
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Property Type Commercial Sale
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Parking Parking Space(s)
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Waterfront None
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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