Properties

Property Description

Investment opportunity with $158k NOI in the heart of Canton, NC – this 18-unit, 14,646 SF historic apartment building sits on a 0.19-acre lot and delivers strong rental income with no vacancies and a waitlist. Featuring a mix of studio, one-, and two-bedroom units filled with natural light, the property is home to many long-term tenants. Ideally located within walking distance to shops, restaurants, and breweries such as BearWaters Brewing and Southern Porch, and just minutes from Ingles, Food Lion, and downtown Waynesville, with convenient access to I-40 for a quick 15–20 minute drive into Asheville. A rare, income-producing asset in a growing market—please do not disturb tenants. Contact listing agent for details.

Features
Heating System:
Baseboard
Cooling System:
None
Basement:
Exterior Entry, Interior Entry, Apartment
Parking:
Parking Lot
Flooring:
Wood, Carpet
Sewer:
Public Sewer
Utilities:
Electricity Connected
Address Map
Country:
US
State:
NC
County:
Haywood
City:
Canton
Zipcode:
28716
Street:
Newfound
Street Number:
13
Street Suffix:
Street
Longitude:
W83° 9' 47.8''
Latitude:
N35° 32' 8.3''
MLS Addon
Office Name:
Likewise Commercial Real Estate
Agent Name:
Abigail Farrow
TaxAnnualAmount:
$0
TaxAssessedValue:
$0
AssociationFee:
$0
Additional Information
Building Size:
14646
Lot Features:
Level, Corner Lot
Number Of Units Total:
18
Possible Use:
Commercial,Residential
Previous Price:
2495000
Stories:
3
Video Url:
https://singlepointmedia.hd.pics/13-Newfound-St
Virtual Tour:
https://singlepointmedia.hd.pics/13-Newfound-St
Water Source:
City
Listing Information
List Agent Mls Id:
65148
List Office Mls Id:
R01098
Listing Term:
Cash,Conventional
Mls Status:
Active
Modification Timestamp:
2026-06-03T19:25:05Z
Originating System Name:
Canopy
Special Listing Conditions:
None
Status Change Timestamp:
2026-06-03T19:24:57Z

Commercial Sale For Sale

13 Newfound Street, Canton, North Carolina 28716

18 Bathrooms
$1,950,000
Listing ID #4295783
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
4295783
Price :
$1,950,000
Bathrooms :
18
Year Built :
1930
Status :
Active
Property Sub Type :
N/A
Agent info
Contact Agent
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