1940 Main St, Waynesville, NC 28786-6790
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.
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828 Golf Golf Course
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Assembly on Main Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SM-BD · Waynesville, NCWaynesville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.