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26697464
26697463

12 N Ashe Avenue, Newton, NC 28658 For Sale

JE
NC 271955
Commercial First
Listed by Commercial First
$1,100,000
324 days on market
Updated 13 days ago

Entertainment Venue For Sale-Newton, NC

Details
Property Type Retail
Sub Type Bar
Square Footage 4,200
Year Built 1875
Stories 3
Acreage 0.300
Zoning B-3

Retail | 4,200 SqFt

Marketing description

Step into history with this rare opportunity to own a thriving entertainment venue housed in one of Newton, North Carolina’s most iconic buildings. Originally constructed in 1875 as a delivery stable and blacksmith shop, this three-level brick structure has seen the evolution of transportation and commerce—from horses and buggies to Buicks and beyond.

The building’s rich history tells a story of resilience and reinvention. The basement once housed a working blacksmith, while the main level—now the bustling tap room—formerly served as a horse boarding facility. The upstairs “Hayloft,” aptly named, once stored feed and hay, and now serves as a unique event and gathering space. By 1916, the rise of the automobile brought transformation, and the property became a Buick Roadmaster dealership until 1950, followed by a stint as a feed and seed store, then a Clark Tire & Auto location in the 1970s. It later operated as a Suzuki motorcycle dealership before falling into disuse.

After years of abandonment, local entrepreneur Jeff Allen purchased the property in 2019 and undertook an extensive restoration, preserving the building’s historic charm while transforming it into a vibrant, modern venue. In June 2020, the Novel Tap Room opened its doors, and it has since become a cornerstone of Newton’s revitalized downtown scene. On June 1, 2025, the venue proudly celebrated its fifth anniversary.

Located beside the new upscale apartment development and the popular Backstreets Bar & Grill, the Novel Tap Room benefits from growing foot traffic and Newton’s expanding reputation as a cultural and entertainment hub. With convenient access to Charlotte via the newly completed Highway 16, this is an ideal opportunity for investors or operators seeking a turnkey venue with built-in character, community roots, and growth potential.

Most equipment will convey with the sale. Don’t miss this chance to own a piece of Newton’s past and future.

Listing Contacts

JE
NC 271955
Commercial First
Listed by Commercial First

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