Property summary
This exceptional 1,200 square foot retail property, situated on a 0.47-acre lot in Waynesville, North Carolina, presents a compelling investment opportunity. Located at 1778 Dellwood City Rd, this single-story, 1947-built building boasts a prime location between Maggie Valley and Waynesville, ensuring high visibility and significant traffic. Currently operating as a food service establishment under a long-term lease extending to 2029, the property generates a consistent income stream. The current monthly rent is $2,500, slated to increase to $3,000 per month in 2026. The property is zoned for commercial use (Comm) and features a single unit within a single building. The asking price is $486,900, translating to $405.75 per square foot. This represents a rare chance to acquire a profitable, established business in a high-demand area, offering both immediate income and significant long-term potential. The property's APN is 8617-10-6618. This turnkey operation is ideal for savvy investors seeking a stable and appreciating asset in a thriving community. The property's net rentable square footage is 1,200 square feet.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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