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Property profile & analytics
OFF-MARKET
Commercial real estate

115 Teague Loop Waynesville, NC 28785

0.48 ac lot Built 1955
Property ID
US53-1154208
Property summary
AI-generated overview

This charming, ivy-covered red brick church, built in the 1960s, is available for the first time in over three decades. Located on a 0.48-acre lot in Maggie Valley, NC, at 115 Teague Loop, this property offers a blend of historic charm and versatile potential. The upper level retains its original character, featuring stunning stained-glass windows, a baptismal font, a crying room, and 26 pews. The lower level has been thoughtfully converted into seven bedrooms, a small shop, a gathering room, and substantial storage areas. The building retains its original charm while offering modern functionality. Nestled in the heart of Maggie Valley, amidst the beauty of the Great Smoky Mountains, this property enjoys a peaceful setting ideal for those seeking outdoor recreation and small-town living. Zoned for both residential and commercial use, this property presents a rare opportunity for a creative buyer to transform this historic landmark into a unique and profitable venture. The asking price is $479,000, below a recent appraisal. The property's size is not specified in the provided information.

Property profile
Verified
Property type Commercial real estate
Year built 1955
Lot 0.48 ac (20,909 SF)
UPID US53-1154208
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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