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    1940 S Main St Waynesville, NC 28786

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    For Sale
    $1,990,000

    19,700+ sq ft commercial space on 1.5 creekside acres.

    Property size:
    19,840 SF

    Property Features for 1940 S Main St

    General Information

    Size
    19,840 SF

    Building Details

    Year built
    1951

    Source: Brian K. Noland Agent Brian K. Noland

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waynesville Creekside Commercial Opportunity

    This commercial space offers over 19,700 sq ft on approximately 1.5 creekside acres. Currently operating as a successful restaurant and brewery, the property is suitable for various uses, including an event venue, church, storage units, or grocery store. It could also be divided to house multiple businesses and offices. The property features a welcoming atmosphere with seating for over 300, a bar area, and updated kitchen equipment. Amenities include an arcade, axe throwing booth, cornhole court, and virtual golf. The property includes over 10,000 sq ft of basement space. With town approval for a rooftop bar and seating, there are possibilities for future expansion or development. Located in Waynesville, the property is near downtown historic Waynesville and the Waynesville Inn Golf Resort & Spa. The area is known for outdoor activities, with proximity to the Cherokee/Harrah Casino, Cataloochee Ski Resort, the Blue Ridge Parkway, and various recreational opportunities. The property is positioned in a rapidly developing area of Haywood County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    828 Golf Indoor Golf Course Assembly on Main Brewpub

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Black Bear Brewing Company, E Z Stop, R E O'S

    Location Insight

    • Map
    • Local Demand
    City
    Waynesville
    County
    Haywood
    State
    North Carolina
    Longitude
    -83.0057553
    Latitude
    35.4677039

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    FAQs

    What type of property is this?
    Bar - 19,700+ sq ft commercial space on 1.5 creekside acres.
    Where is this bar located?
    The property is located at 1940 S Main St Waynesville, NC.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: - 19,700+ sq ft commercial space on 1.5 creekside acres offering high flexibility.; - Existing restaurant/brewery infrastructure with 300+ seating and updated kitchen equipment.; - Over 10,000 sq ft of unfinished basement space for expansion or development.
    (828) 734-5201
    Request Owner's contact information
    1940 S Main St Waynesville, NC 28786
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    Waynesville, NC 28786
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1940 S Main St Waynesville, NC 28786
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