12-Unit Motel
For Sale
$425,000
20826 Great Smoky Mountain Expressway, Waynesville, NC 28786
Commercial Sale, Waynesville, NC
Property SizeContact for details
Lot Size2.23 Acres
Days on Market274
Property Features for 20826 Great Smoky Mountain Expressway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial Use
Rooms
Basement
Parking
15
Parking features
Parking Lot, Carport, Driveway
Window features
Display Window(s)
Patio and Porch features
Porch
Basement
Storage Space, Full, Unfinished
Lot features
Creek Front, Sloped, Creek/ Stream
View
Water
Directions
From Asheville-I-40 West; Exit 27 for US-74 toward US-19/US-23/Clyde/Waynesville/Maggie Valley/Franklin/Murphy/Atlanta; Continue 12 miles; 0826 Great Smoky Mtn Expy is on right; Two entrances, take second entrance. Sign - No Trespassing without appointment and listing agent/team. From Waynesville-US-23S/US-74W/Great Smoky Mountain Expressway; 20826 Great Smoky Mtn Expy is on right; Two entrances, take second entrance. Sign - No Trespassing without appointment and listing agent/team.
Standard status
Active
APN
7684-70-6849
Lot size
2.23 Acres
Taxes and HOA fees
Tax Description
per deed
Legal Description
per deed
Utilities
Water source
Well
Building Details
Year built
1958
Floors in Building
2
Flooring type
Linoleum, Carpet
Building materials
Block, Brick Partial
Roof type
Flat, Composition
Additional Structures
Workshop
Listing Agency:
Keller Williams Great Smokies · Keller Williams Realty
(828) 926-5155
Listed By:
Matthew Wells · License #344905
(828) 734-6930
Added: Jan 5
Changed: Oct 5
Last Checked: Oct 6 at 4:06PM
MLS# 4332918
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property includes a 12-unit motel, a house, and an additional building on 2.23 acres. Built in 1958, the motel has sustained significant water damage from a prolonged roof leak and requires substantial work. It was last operated as a motel in the early to mid-1990s.
The site fronts the Great Smoky Mountain Expressway (US-23/74), with more than 390 feet along the four-lane road. Average daily traffic exceeds 24,000, and the property is less than 0.4 mile from the Blue Ridge Parkway. Access is directly from the highway.
The site fronts the Great Smoky Mountain Expressway (US-23/74), with more than 390 feet along the four-lane road. Average daily traffic exceeds 24,000, and the property is less than 0.4 mile from the Blue Ridge Parkway. Access is directly from the highway.
Key Highlights
- 2.23‑acre property with a 12‑unit motel, a house, and an additional building
- More than 390 feet of frontage on the Great Smoky Mountain Expressway (US‑23/74)
- Average daily traffic exceeds 24,000
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28786, NC
21,204
Population
12,064
Households
1.8
Avg Household Size
50
Median Age
32%
College-Educated
91%
High-School Grad
73.0 sq mi
ZIP Area
290
Density / Sq Mi
$56,047
Median Household Income
$36,743
Median Earnings
$1,084
Median Rent
$266,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Motel - The motel, a separate house, and another building occupy a highway-fronting commercial site.
Where is this motel located?
The property is located at 20826 Great Smoky Mountain Expressway Waynesville, NC.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2.23‑acre property with a 12‑unit motel, a house, and an additional building; More than 390 feet of frontage on the Great Smoky Mountain Expressway (US‑23/74); Average daily traffic exceeds 24,000
