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$2,495,000 -$105,000 (-4.04%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 14,646 Sq. Ft.
  • Updated 6 hours ago
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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.

Full Property Details for 13 Newfound St

General

  • Price: $2,495,000
  • Status: Active
  • Type: Commercial
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4295783
  • Updated: 1/29/2026
  • Added to Site: 155 day(s) ago

Interior

  • Flooring: Carpet, Wood

Rooms

Bathrooms

  • Total Bathrooms: 18

Parking

  • Parking Features: Parking Lot

Location

  • County: Haywood
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: City
  • Utility Description: Electricity Connected

Structural Information

  • # Buildings: 1
  • Construction: Site Built
  • Basement: Yes
  • Basement Desc.: Apartment, Exterior Entry, Interior Entry
  • Square Feet: 14,646
  • Minimum Avail: 14,646 Sq. Ft.
  • Year Built: 1930

Lot Features

  • Street/Road Desc.: Paved
  • Elevation (Approx.): 2500
  • Lot Features: Corner Lot, Level

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Restrictions: Other - See Remarks
  • Inclusions: Building, Fixtures, Land
  • Property ID: 8657-81-8963
  • Lot Number: 722-2330

Listed by Likewise Commercial Real Estate

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Listing agent

— 13 Newfound St —

  • Likewise Commercial Real Estate

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 13 Newfound St

School District:Haywood County Schools
NameGradesDistance
North Canton Elementary
60 Thompson Street, Canton, NC 28716
PK-50.8 mi
Canton Middle
60 Penland Street, Canton, NC 28716
6-80.7 mi
Pisgah High
1 Black Bear Drive, Canton, NC 28716
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 13 Newfound St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/29/2026
Price Reduced
$2,495,000
-4.04%
MLS
8/27/2025
Listed
$2,600,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 13 Newfound St

Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$418,200
—
2023
100%
$418,200
—
2022
-100%
$418,200
—
2022
$4,622
—
$418,200
—
2021
$4,622
3%
$418,200
17%
2020
$4,472
-2%
$356,800
—
2019
$4,547
—
$356,800
—
2017
$4,547
4%
$356,800
7%
2016
$4,354
—
$334,600
—
2015
$4,354
36%
$334,600
—
2014
$3,191
—
$334,600
—
2013
$3,191
—
$334,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Likewise Commercial Real Estate

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13 Newfound Street, Canton, NC 28716 (MLS# 4295783) is a Commercial property. 13 Newfound Street is currently listed for $2,495,000 and was received on August 27, 2025. Want to learn more about 13 Newfound Street? Do you have questions about finding other Commercial real estate for sale in Canton? You can browse all Canton real estate or contact a Coldwell Banker agent to request more information.

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