Description
A rare opportunity to own a piece of western North Carolina history in the heart of Downtown Canton. This over 3, 000 square foot commercial property has stood in this community for over a century — a landmark address with timeless appeal and serious commercial potential. Ideally situated between two of Canton’s most beloved local businesses, Bearwaters Brewing and Pigeon River Outfitters, this property benefits from established foot traffic in one of Haywood County’s most active and evolving downtown corridors. Whether you’re an investor, developer, or entrepreneur, the location alone tells the story — this is where Canton comes to gather. The property offers generous square footage paired with ample on-site parking, a combination that is increasingly difficult to find in downtown settings. The flexible layout lends itself to a wide range of commercial uses including retail, restaurant, event space, office, or mixed-use development. Canton’s downtown has seen remarkable momentum, and this property sits squarely in the center of that growth. With the natural beauty of the Pigeon River, proximity to the Blue Ridge Parkway, and a community that fiercely supports local business, the demand for quality commercial space in this market continues to rise. Properties with this kind of history, location, and development potential rarely come available. If you’ve been waiting for the right opportunity in Western North Carolina — this is it.
Address
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Address: 31 Penland 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 May 4, 2026 at 3:31 pm-
Property ID 4375348
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Price $250,000
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Year Built 1920
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Property Type Business, Commercial Sale
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Property Status Active, For Sale
Additional details
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Roof Composition, Rubber
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Utilities Natural Gas
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Sewer Public Sewer
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Flooring Concrete
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County Haywood
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Property Type Commercial Sale
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Contact Information
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