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$2,495,000
18 ba
13 Newfound Street
Canton, NC 28716
Active
108 days on market
Property Type
Commercial Sale
Year Built
1930
Lot Size
—
Garage
—
About This Home
7.25% Cap Rate investment opportunity 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.
Property Details
Interior
- Bathrooms
- 18
- Stories
- 3
Exterior & Lot
- Year Built
- 1930
Location
- County
- Haywood
- ZIP Code
- 28716
Financial
- Listing Terms
- Cash, Conventional
Utilities
- Utilities
- Electricity Connected
- Sewer
- Public Sewer
Schools
Lot Features
Corner Lot, Level
Location
Listing Information
- MLS #
- CAR4295783
- Listing Agent
- Abigail Farrow
- Listing Office
- Likewise Commercial Real Estate
- Listed Date
- Mar 15, 2026
Contact Susan Young About This Property
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