For Lease
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Property summary
This exceptional 1.25-acre commercial property located at 1896 S Main Street, Waynesville, NC, presents a compelling investment opportunity. Priced at $2,395,000, the well-maintained office building boasts a desirable location at the burgeoning commercial end of Waynesville, offering convenient access to the Smoky Mountain Expressway (NC 74). The property benefits from minimal management requirements, thanks to a mix of tenants, including some national brands. Ample parking is available for tenants and visitors, enhancing the property's appeal. The building's strong tenant base contributes to a stable income stream, and the strategic location within a growing commercial area suggests significant potential for future appreciation. Detailed financial information, including the rent roll and operating expenses, is available upon request to qualified buyers. This presents a rare chance to acquire a well-positioned, low-maintenance commercial property with a proven track record and substantial upside potential in a thriving market. Don't miss this opportunity to secure a valuable asset in a prime location.
Property profile
VerifiedCap rate & NOI
Current use
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Bakery Discount Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
South Main Street Business District (SM-BD) Waynesville, North Carolina, Code of Ordinances Updated 4-1-25 Page 8 of 280 Regional Center (RC) Dellwood/Junaluska Regional Center (DJ-RC) Hyatt Creek Regional Center (HC-RC)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
SM-BD · Waynesville, NCSouth Main Street Business District (SM-BD) Waynesville, North Carolina, Code of Ordinances Updated 4-1-25 Page 8 of 280 Regional Center (RC) Dellwood/Junaluska Regional Center (DJ-RC) Hyatt Creek Regional Center (HC-RC)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
South Main Street Business District (SM-BD) Waynesville, North Carolina, Code of Ordinances Updated 4-1-25 Page 8 of 280 Regional Center (RC) Dellwood/Junaluska Regional Center (DJ-RC) Hyatt Creek Regional Center (HC-RC)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SM-BD in Waynesville, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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