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61 Depot St 39,254 SF 100% Leased Retail Building Bryson City, NC 28713 $2,361,640 CAD ($60.16 CAD/SF)
Investment Highlights
- Located across from the Great Smoky Mountain Railroad Depot in a primary tourist hub.
- Strong visitor-driven market with year-round demand for hospitality and entertainment options.
- Multiple income streams: operating restaurant, VRBO-managed lodging unit, and vacant brewery space for redevelopment.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
39,254 SF
Building Class
B
Year Built
1940
Price
$2,361,640 CAD
Price Per SF
$60.16 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.91
Lot Size
0.99 AC
Opportunity Zone
Yes
Zoning
OP - Opportunity Zone
Parking
22 Spaces (0.56 Spaces per 1,000 SF Leased)
Frontage
165’ on DEPOT ST
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $848,380 CAD | |
| Land Assessment | $1,076,781 CAD | Total Assessment | $1,925,161 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,076,781 CAD
Improvements Assessment
$848,380 CAD
Total Assessment
$1,925,161 CAD
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61 Depot St
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