61 Depot St - Restaurant FOR SALE


Bryson City, NC 28713
$1,700,000 USD
828-557-2288
61 Depot St, Bryson City, NC for Sale
$1,700,000 USD
Restaurant - FOR SALE
1/35
null | Request Cap Rate

61 Depot St
Bryson City, NC 28713


HIGHLIGHTS

  • Located across from the Great Smoky Mountain Railroad Depot in a primary tourist hub.
  • Multiple income streams: operating restaurant, VRBO-managed lodging unit, and vacant brewery space for redevelopment.
  • Strong visitor-driven market with year-round demand for hospitality and entertainment options.

OVERVIEW

This downtown Bryson City property offers a unique mixed-use investment opportunity in a highly trafficked tourism destination set within an Opportunity Zone. Spanning more than 39,000 square feet, the building supports diverse income streams with established tenants and adaptive reuse potential. The asset’s current configuration includes a long-term lease restaurant tenant ensuring predictable cash flow, a former brewery area ideal for redevelopment into retail, entertainment, or event use, and a short-term stay VRBO unit managed by a professional property management company. Situated directly across from the Great Smoky Mountain Railroad Depot and Train Museum, the building benefits from continuous tourist activity, local dining traffic, and year-round regional visitation. Off-street parking and downtown walkability enhance its user experience and leasing appeal. Investors can leverage strong income fundamentals and value-add upside through repositioning the central portion of the property while maintaining stabilized tenancy on the ends. The Opportunity Zone designation provides potential tax benefits to qualified buyers alongside the property’s consistent market demand for lodging and hospitality services in Bryson City’s thriving tourism economy.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

OP

APN/PARCEL ID

6674-19-51-9533,6674-19-61-0525,6674-19-61-1509

ASK ABOUT THIS PROPERTY

Robin SargentOld Town BrokersMore Info
828-557-2288

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Robin SargentOld Town BrokersMore Info
828-557-2288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.