About The Property

Exceptional value-add investment opportunity just minutes from downtown Waynesville. This 5,760± SF freestanding commercial building currently generates $38,868 in annual rental income from three established tenants while offering approximately 3,200± SF of shell space ready for lease-up, expansion, or owner occupancy. Positioned at a highly visible corner location adjacent to the new traffic circle, the property benefits from improved access and traffic flow connecting Asheville Highway, Russ Avenue, and downtown Waynesville. The location is poised to capitalize on continued residential growth, with numerous new homes under construction within approximately one mile and multiple apartment communities recently completed or nearing completion nearby. This expanding residential base creates increasing demand for retail, medical, office, service, andRead MoreRead Less
Courtesy of Keller Williams Great Smokies. Matthew Wells, [email protected]
Listing Snapshot
Days Online
5
Last Updated
Property Type
Retail
Lot Size
0.58 Acres
Year Built
1984
MLS Number
4390794
Koren Bowman
REALTOR
Agent profile image

Additional Details

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Appliances & Equipment
Description: "Other"
Building
Construction Materials: "Brick Partial", "Wood", Stories: 1, Year Built: 1984, Construction Type: Site Built
Cooling
Details: "Heat Pump"
Exterior Features
Patio Features: "Awning(s)"
Floors
Flooring: "Carpet", "Laminate", "Tile", "Vinyl"
Heating
Heating: "Electric", "Heat Pump"
Lot
Features: "Corner Lot", "Flood Fringe Area", "Flood Plain/Bottom Land", "Level", "Paved", Size: 0.581, Size Units: Acres
Parking
Parking Total: 25
Roof
Description: "Architectural Shingle"
Utilities
Sewer: "Public Sewer", Water Source: "City", Utilities: "Cable Available", "Natural Gas"
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30 Days Snapshot Of 28786
$653k
+47%
(avg) sold price
20
-31%
homes sold
35
0%
(avg) days on market
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Monthly Payment
$0

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Courtesy of Keller Williams Great Smokies. Matthew Wells, [email protected]

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.