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$489,000 Just Listed
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Property Description
Established carry-out bagel shop with real estate located on a prominent corner lot in a highly touristed downtown area with strong pedestrian traffic and excellent visibility. This offering includes both the operating business and the underlying building. The business, founded in 2020, has built a loyal customer base and is recognized as a local favorite, featuring a diversified menu including bagel sandwiches, salads, wraps, and soups. The building, originally constructed in 1935, features the operating bagel shop on the main level with a streamlined carry-out-only layout-no seating area-allowing for efficient service, low overhead, and simplified management. The shop enjoys strong street presence and impulse traffic from surrounding downtown commerce and visiting foot traffic. Below, an unfinished basement provides valuable storage space. Above the retail level is a separate area suitable for an owner's residence or private quarters, providing on-site living potential.
Full Property Details
Full Property Details for 43 Phillips St
General
- Price: $489,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4342262
- Updated: 2/2/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Bar Fridge, Dishwasher, Exhaust Hood, Microwave
Location
- County: Macon
- Driving Directions: Main St to left on Phillips St. #43 on your right.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Ductless
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected, Phone Connected
Structural Information
- # Buildings: 1
- Construction: Site Built
- Exterior Const.: Brick Full
- Basement: Yes
- Basement Desc.: Unfinished
- Minimum Avail: 2,112 Sq. Ft.
- Year Built: 1935
Lot Features
- Street/Road Desc.: Paved
- Lot Features: Cleared, Corner Lot, Level
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Other - See Remarks
- Inclusions: Building, Business, Equipment, Fixtures, Inventory, Land, Licenses
- Property ID: 6594193754
- Lot Number: N-42/2253
Listed by Pinkerton & Co. Realty Group LLC
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Schools
Schools serving 43 Phillips St
School District:Macon County Schools
| Name | Grades | Distance |
|---|---|---|
East Franklin Elementary 100 Watauga Street, Franklin, NC 28734 | K-4 | 0.8 mi |
Macon Middle School 1345 Wells Grove Road, Franklin, NC 28734 | 7-8 | 1.8 mi |
Franklin High 100 Panther Drive, Franklin, NC 28734 | 9-12 | 0.3 mi |
Macon Early College High School 77 Siler Farm Road, Franklin, NC 28734 | 9-12 | 1.4 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 43 Phillips St
Date
Details
Price
Change
Source
2/02/2026
Listed
$489,000
44.25%
MLS
5/30/2023
Sold
$339,000
—
Public Record
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
Tax History for 43 Phillips St
Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$152,240
—
2024
$638
7%
$152,240
—
2023
$599
12%
$152,240
63%
2021
$533
-3%
$93,530
—
2022
$548
8%
$93,530
—
2020
$509
3%
$93,530
—
2019
$496
14%
$93,530
11%
2018
$434
100%
$83,990
—
2016
—
$83,990
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 43 Phillips St
43 Phillips Street, Franklin, NC 28734 (MLS# 4342262) is a Commercial property. 43 Phillips Street is currently listed for $489,000 and was received on February 02, 2026. Want to learn more about 43 Phillips Street? Do you have questions about finding other Commercial real estate for sale in Franklin? You can browse all Franklin real estate or contact a Coldwell Banker agent to request more information.

