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


























