www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32220874
32220873

61 Depot Street, Bryson City, NC 28713 For Sale

RS
NC 262788
Old Town Brokers
TK
NC 360634, FL SL3320960
A Better Life Realty LLC
Listed by Old Town Brokers, A Better Life Realty LLC
$1,700,000
78 days on market
Updated 44 days ago
Opportunity zone

61 Depot Street

Details
APN 667419519533
Property Type Retail, Industrial (+2)
Sub Type Restaurant, Shopping Center (+4)
Square Footage 39,245
Units 3
Tenancy Multi
Brand/Tenant CJ's Grille, Short-term rental units
Lease Expiration 05/27/2026
Pro-Forma Cap Rate 8.75%
Class B
Year Built 1950
Stories 3
Acreage 0.576
Zoning Other-See Remarks (Downtown Commercial)
Parking Spaces 5 spaces
Parking per 1,000 SqFt 0.13
Investment Type Value Add
Ceiling Height 12"+

61 Depot Street, Bryson City, NC 28713

Marketing 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

Listing Contacts

RS
NC 262788
Old Town Brokers
TK
NC 360634, FL SL3320960
A Better Life Realty LLC
Listed by Old Town Brokers, A Better Life Realty LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Robin Sargent
License
262788
Brokerage
Old Town Brokers
Brokerage Phone
8285572288
Brokerage Address
379 Whitaker Lane
Name
Tony Kelly
License
360634
Brokerage
Old Town Brokers
Brokerage Phone
8283215516
Title
Real Estate Broker
Brokerage Address
379 Whitaker Lane
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591