61 Depot Street, Bryson City, NC 28713
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61 Depot Street, Bryson City, NC 28713,Video Tour
61 Depot Street, Bryson City, NC 28713
61 Depot Street, Bryson City, NC 28713
61 Depot Street, Bryson City, NC 28713
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Engel & Völkers North Georgia Mountains

Engel & Völkers North Georgia Mountains

+1(706) 406-5572
$ 1,598,000
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61 Depot Street Bryson City, NC 28713

39,245 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 39,245 sqft

Price per Sqft $40

MLS Listing ID 434965

Construction Status Frame,Concrete,Brick,Metal Siding,Stone

HOA Y/N No

Year Built 1950

Lot Size 0.580 Acres

Lot Dimensions 25264.8

Property Sub-Type Commercial

Property 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

Location

State NC

County Swain

Interior

Interior Features Ceiling Fan(s), Additional Dwelling Unit

Heating Heat Pump

Cooling Central Air

Flooring Concrete, Wood, Tile, Plank

Window Features Insulated Windows

Exterior

Parking Features Paved

Utilities Available Cable Available

Roof Type Metal

Building

Lot Description Interior Lot, Other Location

Story Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Frame,Concrete,Brick,Metal Siding,Stone

Others

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Engel & Völkers North Georgia Mountains

Engel & Völkers North Georgia Mountains

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61 Depot Street