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Key Details
Sold Price $775,000
Property Type Commercial
Sub Type Bed/Breakfast
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4060045
Sold Date 07/12/24
Year Built 1937
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Special commercial investment opportunity in the heart of Canton. With the papermill recently retiring, investors have been eager to invest in the future of downtown Canton. There are two buildings, one occupied and one vacant. The occupied building has 8 studio units, all occupied @ 800/mo. Utilities seller sponsored. Not individually metered. Power/water/sewer/trash/bulk cable apx 900/mo. total. The vacant building will need to be renovated as it has old flood damage from the flood of 2021. It has been gutted where damage occurred to prevent further damage. The vacant building could be another 10-12 studios per seller.
Location
State NC
County Haywood
Zoning Comm
Interior
Heating Electric
Cooling Window Unit(s)
Flooring Vinyl
Appliance Electric Oven, Refrigerator
Exterior
Utilities Available Cable Available
View City
Roof Type Metal
Building
Lot Description Corner Lot, Paved, Creek/Stream
Foundation Permanent
Sewer Public Sewer
Water City
Structure Type Brick Full
New Construction false
Others
Senior Community false
Restrictions Short Term Rental Allowed
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Pamela Williams • Allen Tate/Beverly-Hanks Waynesville
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