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Converted Office Building with Basement
For Sale
$499,000

492 S Main Street, Waynesville, NC 28786

Commercial Sale, Waynesville, NC

Property SizeContact for details
Lot Size0.41 Acres
Days on Market48

Property Features for 492 S Main Street

General Information

Property type Residential
Property subtype Office
Zoning MS-NR
Zoning description Main St Neighborhood Res
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 3, Bathroom 1, Bathroom 2
Parking 10
Parking features Parking Lot, Driveway
Window features Window Treatments
Basement Walk-Out Access, Interior Entry, Walk-Up Access, Exterior Entry, Storage Space, Partially Finished, Unfinished
Appliances Electric Water Heater, Refrigerator
Lot features Hilly, Paved, Rolling Slope, Wooded
Directions From the main business district in Waynesville, head South on Main Street until you reach number 492 on the right, just a short way past Bogarts Restaurant on the left.
Standard status Active
APN 8615-14-7924
Lot size 0.41 Acres

Taxes and HOA fees

Tax Description 492 S MAIN ST, Metes and Bounds, see attached deed
Legal Description 492 S MAIN ST, Metes and Bounds, see attached deed

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Propane (Heating)
Cooling system Central Air, Electric

Building Details

Year built 1941
Floors in Building 2
Flooring type Wood, Tile
Building materials Brick Partial, Stone
Roof type Metal
Listing Agency: Mountain Dreams Realty of WNC
Listed By: Danny Pugh
Added: Aug 4 Changed: Sep 14 Last Checked: Sep 20 at 4:06PM
MLS# 4357987

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.

Built in 1941, this converted residence is arranged for professional office use across a main level, upper floor, and basement. The primary floor includes a reception area with a fireplace, kitchen, bathroom, private office, and conference room. Upstairs, a landing, bathroom, and two spacious rooms provide additional work or file-storage areas. The basement is predominantly unfinished, with 422 square feet partially completed as a separate architect’s office with its own exterior access.

The property occupies 0.4137 acres at 492 S Main Street in Waynesville. A driveway extends alongside the building to rear parking, while the office parcel is surrounded by an additional 3.36 acres that borders Joy Lane and is offered separately. Construction includes partial brick and stone, with wood and tile flooring, central air, propane heat, a metal roof, and public sewer.

Key Highlights

  • Converted office building on a 0.4137‑acre parcel
  • 422 square feet of partially finished basement office space
  • Main level includes reception area, kitchen, private office, and conference room

Property Analytics

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Current Use

Stephen J Martin, ... Law Firm Broadbooks Associates Pa Landscaping

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Storage Facility HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

833
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Former residence adapted for office use with meeting space, kitchen, private rooms, and rear parking.
Where is this office building located?
The property is located at 492 S Main Street Waynesville, NC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Converted office building on a 0.4137‑acre parcel; 422 square feet of partially finished basement office space; Main level includes reception area, kitchen, private office, and conference room
More about this property
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