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    OFF-MARKET
    Warehouses

    94 Providence Pl, Waynesville, NC 28786-7951

    4,836 SF 3.4 ac lot Built 1918
    Entity Owned Free & Clear
    Property ID
    US53-2214673
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1918
    Total area 4,836 SF
    Lot 3.4 ac (148,017 SF)
    APN 7694-23-0463
    UPID US53-2214673
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Saunook Industries Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    SAUNOOK INDUSTRIES
    SAUNOOK INDUSTRIES
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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