94 Providence Pl, Waynesville, NC 28786-7951
This exceptional 9,600+ square foot, two-story stone and missionary-style building, constructed in 1918, presents a rare investment opportunity. Boasting 14-inch-thick walls, this substantial structure is situated on a picturesque 3.99-acre lot conveniently located just off Old Balsam Road and highways 23/74, near Barbers Orchard. For over 25 years, the property has successfully operated as an automotive accessory retail business, demonstrating its adaptability and strong location. However, its versatility extends far beyond its current use. The property's size and unique character make it ideally suited for a variety of commercial ventures, including a brewery, warehouse/storage facility, or other retail establishments. A detached 576 square foot workshop/residential building adds further potential. Currently serviced by a well and septic system, city water is also readily available. This property offers a blend of historical charm, substantial space, and prime location, making it an exceptional investment with significant upside potential. The property's size and location provide ample opportunity for expansion or diversification. Don't miss this chance to acquire a piece of Waynesville history with significant commercial potential.
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Saunook Industries Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.