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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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61 Depot St , Bryson City, NC 28713
$1,598,000
Est. Payment: $3,551.11/mo
0 Bed
0 Bath
39254 Sqft
Status: Active | Days on site: 128
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House 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. The location benefits from consistent tourist traffic driven by the Great Smoky Mountains National Park and the railroad attraction directly across the street. Bryson City and Swain County continue to see strong tourism growth, with over $232 million in annual visitor spending and increasing demand for short-term rentals, dining, and destination experiences. This property is ideally positioned to capture that demand. Ideal for investors or owner-operators seeking a high-visibility, income-producing asset with significant upside through lease-up, repositioning, or redevelopment into a flagship destination property. Downtown Bryson City's combination of strong occupancy & diversified spending composition produces compelling attractive opportunities to leverage with this unique property into high cap rate

Highlights

Listed by Old Town Team , Old Town Brokers , 828-321-5516.

Property Type

Commercial Sale

Lot/Acreage
0.58

Year Built

1950

County

Swain

Listing ID

98544446

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Concrete,Tile,Hardwood,Plank
Water:Public

Exterior Features

Lot:Level,Outside City Limits
Lot Dimensions:0.5760
Zoning:Other-See Remarks
Roof:Insulated,Metal
Principal Interest
$3,551
Taxes
$1,019

Home Price

$1,598,000

Loan Details

30 yrs
%

Down Payment

20%
$319,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,551.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,551.11 $1,018.72 $0.00 $4,569.84
Yearly $42,613.33 $12,224.70 $0.00 $54,838.03
Total $1,278,400.00 $366,741.00 $0.00 $1,645,141.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Bryson City, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.