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    Property profile & analytics
    OFF-MARKET
    Warehouses

    1940 Main St, Waynesville, NC 28786-6790

    9,920 SF 1.58 ac lot Built 1951
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US53-1417762
    Property summary
    AI-generated overview

    This exceptional offering presents a rare opportunity to acquire two established and highly successful commercial businesses in the desirable Haywood County, North Carolina. The properties are strategically located to capitalize on significant tourism within the Blue Ridge Parkway and Great Smoky Mountains National Park area. The Waynesville location, situated at 1940 S Main Street, boasts a dynamic and engaging atmosphere. This venue offers a diverse range of entertainment options including a full-service bar, extensive menu, multiple beer taps, axe throwing, a full arcade, cornhole, and pickleball. Furthermore, there's significant potential for expansion with approximately 7,000 square feet of unused space. The second location, at 4352 Soco Road in Maggie Valley, complements the Waynesville property with its own thriving full bar, brewery, and expanded dining experience. Recent upgrades include a modernized interior, updated fixtures, and state-of-the-art kitchen equipment. A key advantage is the ample parking available, with over 130 spaces collectively serving both locations. This combined offering presents a unique investment opportunity with substantial potential for growth and profitability in a stunning mountain setting. The properties are listed collectively, offering a cohesive and synergistic business model, but are also available for separate purchase for added flexibility. The 2.58-acre lot in Waynesville provides ample space for future development.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1951
    Total area 9,920 SF
    Lot 1.58 ac (68,912 SF)
    Zoning code SM-BD
    APN 8604-79-4159
    UPID US53-1417762
    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
    Current use
    Occupant on record · Public records
    • 828 Golf Golf Course
    • Assembly on Main Bar & Pub Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Sm1940 LLC
    Sm1940 LLC
    since 2026
    6 recorded transactions
    2026
    2026
    $1.7M
    2021
    $512,500
    2021
    $102,500
    2017
    2012
    Zoning & alternative use
    SM-BD · Waynesville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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