61 Depot Street

$1,700,000
Est. $5,671/mo
Beds
Baths
39,245
SqFt

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.

Listed by:
Robin Sargent (MLS Only), Olde Town Brokers, LLC (Mls Only)
Source: Carolina Smokies Association of Realtors

Property Overview

Added Neighborhood
16 days ago
Type Status Lot Size
Commercial sale Active 0.57 acres
County Built MLS#
Swain 1950 26047543

Commute Time


Additional Details

Legal
Property
Utilities
Community

Payment Estimator

Total Monthly Payment
$4,888
Monthly Interest
$165
% Down
% Principal
% Interest
$1,700,000.0
20% ($340,000)
3.5%
61 Depot Street
61 Depot Street

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