61 Depot Street,Bryson City, NC 28713
Bryson City, NC 28713
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
Details
| MLS # | 98544446 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 84 |
| Listing Provided By | Old Town Brokers | Old Town Team |
Features
| SQ Feet | 39,245 |
|---|---|
| Zoning | Other-See Remarks |
| Acreage | 0.57 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
Exterior
| Roof | Insulated, Metal |
|---|---|
| Foundation Details | Slab |
| Lot Features | Level |
| Construction Materials | Concrete, Brick/Stone, Steel Frame |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Other |
Utilities
| Utilities | Cable High Speed, Fixed Wireless High Speed, Satellite Internet |
|---|
Taxes
| Tax Assessed Value | 1009240 |
|---|---|
| Tax Book Number | 00004 |
| Tax Legal Description | None |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Swain |
| City | Bryson City |
| Zip Code | 28713 |
| Listing VS Median (in 28713) | |
Price: $1,598,000 low | high Med: $1,150,000 sqft: 39,245 low | high Med: 1,539 $ / sqft: $41 low | high Med: $747 On site: 84 low | high Med: 84 | |
Market Activity 28713
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Learn More About This Property
| State | NC |
|---|---|
| County | Swain |
| City | Bryson City |
| Zip Code | 28713 |
| Listing VS Median (in 28713) | |
Price: $1,598,000 low | high Med: $1,150,000 sqft: 39,245 low | high Med: 1,539 $ / sqft: $41 low | high Med: $747 On site: 84 low | high Med: 84 | |
 | $1,598,00061 Depot StreetBryson City, NC 28713 |